Review:
Financial Aid
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Financial aid is a form of support provided to students to help cover the cost of their education, including tuition, fees, and living expenses.
Key Features
- Grants
- Scholarships
- Loans
- Work-study programs
Pros
- Enables access to higher education for students from diverse socio-economic backgrounds
- Reduces financial burden on students and their families
- Can help students focus on their studies instead of worrying about finances
Cons
- Some forms of financial aid require repayment, which can lead to student debt
- Limited availability of certain types of financial aid
- Application process can be complex and time-consuming