When it comes to receiving scholarships and grants from colleges, there are many considerations that factor into determining how much money a college or university will offer a student. There’s also a distinction among schools as “need-based” verses “need-aware” when it comes to financial aid. What does that mean? In this episode, Peter Ratzan explains these terms and how you can use that to find the greatest opportunities for financial aid when it comes to choosing a college to attend in the US today.