Is an outright grant with no necessary repayment. Is not available to Psy. Repayment begins after graduation. Provided by banks or other lending institutions.
Student is responsible for interest and principal while enrolled.
Some banks may defer payment. Returning students are given preference. Financial aid is available to veterans and their families through the G.I. Bill, War Orphans Educational Law, and other programs. Widows and children of deceased veterans as well as spouses and children of totally disabled veterans are eligible for educational benefits. Further information can be secured from your local Veterans Administration Office.