Pell Grants do not have to be repaid. This grant is usually awarded to students who are eligible for the Federal Pell Grant. The actual amount of the award will depend on the availability of funds. Employment will be primarily on campus. Off campus employment can be granted for community service activities.
Awards depend on fund availability.
The Federal Subsidized Stafford Loan is a need based loan. If eligible, the government pays the lender the interest due on the loan while enrolled in school and during any grace or deferment periods. The Federal Unsubsidized Stafford Loan is a non-need based educational loan. The Federal government does not pay interest on unsubsidized loans. All interest that accrues is the responsibility of the borrower.