Financial aid

Financial aid refers to monetary assistance provided to students to help cover the costs of their education. This support can come in various forms, including grants, scholarships, loans, and work-study opportunities. Financial aid is typically designed to reduce the financial burden of tuition, fees, books, and living expenses, making education more accessible to individuals from diverse economic backgrounds. Eligibility for financial aid often depends on factors such as financial need, academic performance, and enrollment status, and applications are usually processed through government programs or educational institutions.