Which of the following options is NOT a type of federal student aid program?

State grants are not considered a type of federal student aid program because they are administered at the state level rather than federally. Federal student aid programs include various options that are funded by the federal government, including federal grants like Pell Grants, loans such as Direct Subsidized and Unsubsidized Loans, and work-study programs that provide part-time employment to students. These programs are specifically designed to help students finance their education and are governed by federal regulations and guidelines. In contrast, state grants are funded and managed by individual states and are often intended to support residents attending schools within that state. Thus, recognizing the distinction between federal and state funding sources is crucial for understanding the landscape of student financial aid.