Scholarships & Financial Aid
Scholarships are typically merit-based or need-based awards that students receive based on their academic achievements, talents, skills, or other specific criteria. They are often provided by the university, private organizations, corporations, or individuals and don't need to be repaid.
Financial aid encompasses various forms of financial support, including grants, loans, and work-study programs. It considers a student's financial need and is usually provided by the government. While grants don't require repayment, loans need to be paid back after the student completes their education.