The challenge of paying for college and flight training requires planning, creativity, and resourcefulness. If you invest the time required, you'll find that there are many ways to manage college and flying costs. What is Financial Aid Financial aid is money provided to help you reduce the total cost of attending a college, university, vocational, technical, or flight school.
Financial aid is awarded in the form of scholarships, grants, loans, and work-study.
They do not have to be repaid. Loans Loans are self-help aid that is borrowed. They must be repaid. Interest is the price of borrowing the money. They normally offer a lower interest rate than other loans.