perfect if you are so kind to pass me the link of the site. How and when will I receive my financial aid?
The financial aid staff at your college or career school will explain exactly how and when your aid will be paid to you.
Will I have to pay this money back?
If it is a loan, yes. If it is a grant or scholarship, no. You need to decide what aid you really need, then respond to the school's aid offer within your school's deadline.