Divide and Classify Essay

Approximately 60% of all scholars enrolled in higher pedagogy receive some type of financial assistance. Financial aid is provided to scholars for umpteen reasons. The primary reason is to increase the entryibility for families that be unable to submit to the full cost of higher education. Scholarships, assimilator loanwords, and federal pee studies are categories of financial aid that are given to help students further their education. A scholarship is a financial award given to students in cognizance 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. A student loan is an award offered by various government and mystical agencies. The interest rates are lower than those of regular bank loans, and in most cases interest is not charged while a student is enrolled in college repayment is also extended over a colossal period of time. There are loans for students and parents.Student loans are the most commons 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 up-to-the-minute market level and guaranteed by the federal government. The loan must be re stipendiary within a ten-year period beginning six months after the students graduation. Work study is another type of student financial aid. It is a part-time job co-financed by the government and a college to furnish students to earn money to help pay educational expenses.The program encourages confederation service work and work related to a students course of study. The salary will be at least borderline wage, but it may be higher depending on the type of work and skills required. The total 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 nonrecreational by the hour. A graduate student may be paid by the hour or receive a salary. Working on campus usually means working for the school.Off-campus employers will usually be snobby nonprofit organizations or public agencies, and the work performed must be in the public interest. A student is limited as to the number of hours he can work. The amount a student can earn cannot occur the total federal work study award. Many students look at the tuition of a college and hasten assumptions ab come forward final cost. Students should apply to the schools that outflank fit their academic needs, submit an application for financial aid, and find out what types of assistance are available. Then and only then, should a student make a final decision based on all the facts.