Sources of Financial Aid

In this Assignment, you will examine a variety of sources of  financial aid and write a paper in which you present key aspects of four  specific financial aid programs, compare the similarities and  differences of these types of aid, and provide some implications  financial aid types have on policy. For this Assignment, you should use  websites and printed materials distributed by institutions, private and  public financial aid providers, and other reliable, published  information to identify and present the provisions of four financial aid  programs. Remember to include the Library and other resources in your  research.This is the sort of information you might gather as an employee in a  higher education institution investigating the financial aid available  to support current and prospective students. The information is used by  higher education administrators when making decisions about tuition and  fee increases.Your Assignment is to provide an example for four out of the of the following five financial aid sources:Completing your Sources of Financial Aid AssignmentFormatYour Assignment should adhere to the following format (choosing 4 of the 5 types of aid listed below):Introduction: Provide a context and purpose for your paper,  including why you chose the state and school you did and provide  information on the cost of attendance (e.g., tuition, fees, housing,  books, etc).Federal government grant/award: Identify the name of the grant  or award you select. Present the provisions of the program such as  eligibility criteria, rules governing the award, how the amount is  determined, duration of the award, how many awards are available, and  stipulations of the award, including how the funds may or may not be  used, etc. Also, include the portion of the cost of education at your  sample school covered by the funds and what the student must bear.Private funded grant/award: Identify the name of the grant or  award you select. Present the provisions of the program such as  eligibility criteria, rules governing the award, how the amount is  determined, duration of the award, how many awards are available, and  stipulations of the award, including how the funds may or may not be  used, etc. Also, include the portion of the cost of education at your  sample school covered by the funds and what the student must bear.Federal loan: Identify the name of the grant or award you  select. Present the provisions of the program such as eligibility  criteria, rules governing the award, how the amount is determined,  duration of the award, how many awards are available, and stipulations  of the award, including how the funds may or may not be used, etc. Also,  include the portion of the cost of education at your sample school  covered by the funds and what the student must bear.Private loan: Identify the name of the grant or award you  select. Present the provisions of the program such as eligibility  criteria, rules governing the award, how the amount is determined,  duration of the award, how many awards are available, and stipulations  of the award, including how the funds may or may not be used, etc. Also,  include the portion of the cost of education at your sample school  covered by the funds and what the student must bear.Institution-funded award: Identify the name of the grant or  award you select. Present the provisions of the program such as  eligibility criteria, rules governing the award, how the amount is  determined, duration of the award, how many awards are available, and  stipulations of the award, including how the funds may or may not be  used, etc. Also, include the portion of the cost of education at your  sample school covered by the funds and what the student must bear.Comparisons and Implications: Compare the four types of  financial aid programs you outlined, addressing the differences and  similarities among them. Provide a brief discussion of implications the  different types of available aid have on higher education policy.Conclusion: Wrap up your paper, summarizing your major points.The length of the paper for content is 2?3 pages long. Before you  submit it, make sure it has proper cover and reference pages and follows  APA (6th ed.) style.