High school graduates can locate sources of financial aid for college through their advisor as well as the many online sites dedicated to this purpose. Aid comes in the form of federal grants, federally subsidized loans, state grants, scholarships and corporate contributions. Financial aid can be categorized as need-based, acedemics-based, or degree-based. Contacting the admissions and financial aid office at the school of choice is one of the fastest methods for locating grant or scholarship opportunities which match the needs of the student. Grants are not subject to repayment, and many student loans have a debt forgiveness clause if certain criteria are met.