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For medical assistant training the two major types of financial aid available include government funded grants such as the free application for student aid fafsa and the pell grant also there are scholarships and student loans available read on to learn more. Many people who enroll in medical assistant training or any kind of higher education are in need of financial assistance to meet the tuition payments for this reason most schools have financial aid advisors who will help you figure out your options this article will walk you through some of the steps you will need to get started. Many individual states offer financial aid for medical assistant students in the form of scholarships and grants to find out if you qualify for financial aid in your state fill out the free application for federal student aid or fafsa your school will tell you more about the types of state aid for which you qualify. Types of medical assistant financial aid there are a few main types of financial aid options that you should consider the first is a scholarship a scholarship is a monetary amount that is given to you to pay your studies that you do not have to pay back this is usually given as a reward for merit. There are different types of financial aid such as grants loans and scholarships and it is worth medical assistant nursing and rn to bsn students taking the time to research the options open to them and finding out what assistance they qualify for sources of financial aid