What Are the Main Differences Between a Student Loan and a Scholarship?

A pile of books, a globe and pencils stacked on top of each other with the text 'student loans and scholarships' infront of it

Education is a significant investment, often involving considerable costs. Students frequently rely on financial aid options such as student loans and scholarships to help cover these expenses. While both options offer vital financial assistance, they differ in several key ways. Understanding these differences is crucial for making informed decisions about how to fund education. Definition … Read more