* Grants: These are generally need-based and don't need to be repaid. Examples include federal Pell Grants, MSU's own need-based grants, and state-specific grants.
* Scholarships: These are usually merit-based, awarded for academic achievement, athletic ability, talent, or other specific criteria. MSU offers many scholarships, some from the university itself and others from external organizations.
* Loans: These must be repaid with interest. MSU students can access federal student loans (like Stafford Loans, Grad PLUS Loans, etc.), as well as private loans from banks and other lenders. Loans can be subsidized (interest doesn't accrue while in school under certain conditions) or unsubsidized.
* Work-Study: This program allows students to work part-time jobs on campus to earn money to help pay for college expenses. Eligibility is need-based.
To get a comprehensive understanding of the specific financial aid options available to *you*, you should visit the MSU Financial Aid website. Your eligibility and the types of aid you're offered will depend on factors such as your financial need, academic record, and other qualifications.