Student loans are loans offered unto a student on the basis of their attendance in some level of higher education. Higher education can include prep school, community college, undergraduate education, and graduate education. In general, student loans come packaged as part of a college's financial aid granted to the student. These loans (that is, those included in the financial aid package) are federal loans, financed by federal funding alongside grants that are also given to the student. To receive federal student loans, college applicants submit the Federal Application for Student Aid (FAFSA) to have their eligibility for financial aid determined. Unlike grants and scholarships, student loans aren't provided as a gift per se to the student. All student loans must be paid back even if at a lower interest than other loans.