Explain common financial tools and terminology, including scholarships, grants, loans, and stipends. #5555

Explain common financial tools and terminology, including scholarships, grants, loans, and stipends.

This page explains common financial tools and terminology used in early childhood education and child care settings, including scholarships, grants, loans, and stipends. It also identifies the tools and strategies for completing a comprehensive family assessment to determine funding eligibility and tailor financial planning. Whether you’re a parent seeking affordable care or a program administrator sourcing funding, this guide helps you navigate financial aid options and implement effective family assessments in early education.