The Differences Between Grants, Scholarships, Work-Study and Loans

Written by The LCU Blogging Team on Tuesday, October 10th, 2017 in Financial Aid, Grants, Loans, Scholarships

If you plan to apply for college financial aid, you’re certainly not alone. After all, statistics show that 85% of four-year college students receive some financial assistance to help pay for their education.

While there are a variety of ways to receive financial aid, the most common types are grants, scholarships, work-study and loans. Here’s a look at all four while highlighting the differences between them and the pros and cons associated with each.

Grants

The terms “grant” and “scholarship” are sometimes used interchangeably, but there are differences. Both grants and scholarships come from similar sources,

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Paying for School with Scholarships & Grants

Written by The LCU Blogging Team on Tuesday, August 22nd, 2017 in Financial Aid, Scholarships

Financing your college education is no small matter.

Fortunately, at Lubbock Christian University you have plenty of help available as you financially plot out your college years. From scholarships to financial assistance, our Admissions and Financial Assistance teams are here to lend a hand.

Let’s start by taking a quick look at LCU’s scholarship opportunities.

LCU Scholarships: What You Need to Know

Academic scholarships

LCU offers academic scholarships to incoming freshmen based on their ACT or SAT score. These scholarships remain in place as long as the student maintains a required GPA that varies depending on ACT and SAT scores.

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