A Helping Hand for College :: Expository Classification Essays

A Helping Hand for College or so 60% of all students enrolled in higher education receive some(a) grapheme of financial assistance. Financial aid is provided to students for many reasonablenesss. The primary reason is to increase the accessibility for families that atomic number 18 unable to afford the full follow of higher education. Scholarships, loans, and federal official work studies are categories of financial aid apt(p) to help students further their education. A acquaintance is a financial concede given to students in recognition of achievement, such as academics or athletics. other scholarships are awarded to minorities and women to increase their access to higher education. In many cases, the qualifications for a scholarship include financial need as well. A scholarship does not require repayment. Most scholarships are given to students who attend duty schools, technical and vocational schools, nursing schools and 2-year colleges. A loan is an award offered by various presidential term and private agencies. The interest browses are turn down than those of regular bank loans, and in most cases interest is not aerated while a student is enrolled in college repayment is also across-the-board over a long period of time. There are loans for students and parents. scholar loans are the most common form of financial assistance to students. They are available for both undergraduate and graduate studies. They are issued by commercial banks and state student loan authorities at an interest rate considerably lower than the current market level and guaranteed by the federal government. The loan must be repaid within a ten-year period initiation six months after the students graduation. Federal work study is another type of student financial aid. It is a part-time job co- financed by the government and a college to allow students to earn money to help pay educational expenses. The program encourages community service work and work related to a students course of study. The salary will be at least stripped wage, but it may be higher, depending on the type of work and skills required. The nub federal work study awarded depends on when a student applies, the level of need, and the funding level of a college. An undergraduate student is paid by the hour. A graduate student may be paid by the hour or receive a salary.