… by federal and state governments, as well as public and private organizations in the form of grants, fee waivers, part-time employment, loans, and scholarships. The funds are available to make it possible for students to continue their … the full cost of attending college. The basis for such assistance is the belief that the students (and their contributors) have the primary responsibility for meeting their educational costs. … Is financial aid money that I have to pay back? … Financial aid such as grants, fee waivers, work study, and scholarships are forms of aid that do not need …