There are three kinds of federal need-based aid: grants, loans, and work-study.
The Federal grant programs include: Federal Pell Grant, and Federal Supplemental Educational Opportunity Grant (FSEOG).
The Federal loan programs include: Federal Perkins Loan, Federal Family Education Loan (FFEL), and William D. Ford Federal Direct Loan (also known as the Direct Loan).
The Federal work program: Federal Work-Study. To find out about all of these programs in detail, get a free copy of the U.S. Department of Education’s Student Guide call 1-800-4FEDAID or visit
U.S. Department of Education’s Student Guide is a comprehensive resource on student financial aid from the U.S. Department of Education. Grants, loans, and work-study are the three major forms of aid available through the Department's Federal Student Aid office. Updated each award year, The Student Guide tells you about the programs and how to apply for them.