What is the impact of financial aid on students' academic success?

What is the impact of financial aid on students' academic success?

Financial aid significantly enhances students' academic success by reducing financial stress, allowing them to focus on their studies.

Can you provide some statistics on how financial aid affects graduation rates?

Sure! Studies show that students who receive financial aid are 20% more likely to graduate within four years compared to those who don't.

What types of financial aid are available to students?

There are several types of financial aid, including grants, scholarships, work-study programs, and student loans.

How can students apply for financial aid?

Students can apply for financial aid by completing the Free Application for Federal Student Aid (FAFSA) and checking with their school's financial aid office.

Are there any long-term benefits of receiving financial aid?

Yes, long-term benefits include higher earning potential, reduced student debt, and increased job opportunities.