The U.S. Department of Education has the following major student financial aid (SFA) programs:

• Federal Pell Grants
• Federal Supplemental Educational Opportunities Grants (FSEOG)
• Federal Direct Student Loans
• Federal PLUS Loans
• Federal Perkins Loans
• Federal Work-Study (FWS)

Grants are financial aid that you do not have to repay. Work-Study awards let you work and earn money to help pay for school. Loans are borrowed money that you must repay with interest. Undergraduate students are eligible to receive all three types of financial aid.