The loans and the scholarships for students are of two types of financial aid that help the people to obtain university education. On the other hand, the means of of aid financing works with the same aim and the obligations assumed by the beneficiary are different. In the scholarships, the good academic qualifications of the beneficiary are necessary to continue receiving the aid during the duration of the university race. One of the most obvious differences between the loans and the scholarships for students is that first they must be reimbursed, whereas the last one does not have to be reimbursed. Generally, the conditions of payment associated to the university loans allow to program the payments as of some moment after receiving the rank. Many programs of loans have dispositions for the reimbursement of the bottoms received through a plan if the student does not complete his studies. Following the dispositions related to the loan of the student, the terms of amortization can be flexible. With the scholarships for students, it does not have obligation to give back all the bottoms obtained in the search of the university education, whenever the student remains enrolled and active throughout the period covered by the subsidy.

For example, if a student obtains a scholarship for a trimester of study in a certain university and decides to leave before finishing the trimester, the amount of the subsidy for that trimester perhaps must pay. Generally, the payment must be received before the student is eligible to ask for additional attendance of the program of scholarships during the next trimesters. The student loans and the scholarships sometimes differ in the basic criteria necessary to receive the aid. The loans can or not require a minimum average of qualifications with the purpose of to describe to receive attendance. In resistance, the scholarships generally require a minimum average during the last year to be able to apply to the aid, and to maintain certain average for every trimester, semester, or a block of the university in which the student looks for the financing. If no the minimum average stays is probable that the student is expelled from the program of scholarships. Another difference between the loans and the scholarships for students has to do with the state of the university of the student. There are programs of loans that offer financial aid for students part-time.

The scholarships are less prone to offer support to the students who do not evolve like students of complete time. Although there are exceptions, the official scholarships of education in many countries are specifically for helping the people who want to follow an education full-time, but do not have the financial resources available. Also scholarships for professors and in the same way exist, loans; the professors can accede to the scholarships through the presentation of projects applicable to the student communities; the loans do not require that the professors present/display educative programs, simply if fulfills the financial conditions can accede to him. The aspirings must consider that the student loans and the scholarships come in many forms. Some will be sufficient to cover the basic expenses of the university, whereas other programs only cover a part.