Some times, who are students with studies that are well, because when you receive the grant, the money is not refundable. Most students try to limit subsidies will then begin anything more is on the left side that they need, they receive a loan for students cover the remaining costs.
A federal student loans, the student, to borrow money, but the school, without the need to pay until you have finished. You have the minimum number of hours, to avoid have to pay because if you fall within the time allowed, they will do monthly payment early.
It is always better to go where the Academy go with a loan of studies show that more traditional loan because the interest rate is low and you have much more flexibility with the loan. You have several loans in May, the consolidation in this time and have a government willing student will be able to consolidate much easier.