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There are two main things that you need to know about grants.
Firstly, this is free money given to you in the form of financial aid. You do not have to pay it back or to pay any interest on it. Still, some fees may apply, but they are usually small and you will be informed about them in advance.
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The second most important thing to note is that they are designed to help students who cannot afford to pay their tuition and living expenses given their household income.
There are also grants for certain groups of students such as those with special needs and those who have served in the armed forces.
