Student Financial Aid
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A Student Financial Aid is a financial assistance available to full-time college and university students.
- AKA: SFA, Student Benefits, Student Assistance Program.
- See: Financial Assistance, Fellowship, Scholarship.
References
2016
- (Wikipedia, 2016) ⇒ http://en.wikipedia.org/wiki/Student_financial_aid_in_the_United_States
- Student financial aid in the United States is funding available to individual students attending a post-secondary educational institution to cover costs associated with attending. These costs include, but are not limited to, tuition, fees, room and board, transportation, and books. Financial aid is available from federal, state, educational institutions, and private agencies (foundations), and can be awarded in the forms of grants, education loans, work-study and scholarships. Please note that in order to apply for any federal financial aid students must first complete the Free Application for Federal Student Aid (FAFSA) [...] Many national governments provide student financial assistance subsidies, i.e., student benefit, for students attending a university, although proposed policies to change such subsidies have engendered considerable debate in places, such as Canada, the United Kingdom, Germany, the Netherlands and Scandinavian countries. The heavy reliance on private subsidies, as in the United States, is not as widespread, although this may be changing. In Germany, the main source of financial aid is provided by the Bundesausbildungsförderungsgesetz, colloquially known as BAFöG.
- (Wikipedia, 2016) ⇒ http://en.wikipedia.org/wiki/Student_benefits
- Student benefits are transfer payments that are given to students for purposes of full-time study, and require progress in studies, or obtaining academic credits. Student benefits are found in countries where education is free of charge, e.g. Finland and Sweden. Student benefit is paid by the state to all qualifying students, excluding only those with full-time employment and income, and is thus distinct from an individually evaluated scholarship.
- Different forms of student benefit are:
- Direct funding for daily living expenses.
- Support for renting an apartment.
- Partially state-funded meals at student cafeterias.
- Securing student loans.
- Different forms of student benefit are:
- CDER Library v1.5.1.
- QUOTE: Student Financial Aid (SFA) - SFA means Federal awards under those programs of general student assistance, such as those authorized by Title IV of the Higher Education Act of 1965, as amended, (20 U.S.C. 1070-1099d), which are administered by the U.S. Department of Education, and similar programs provided by other Federal agencies. It does not include Federal awards under programs that provide fellowships or similar Federal awards to students on a competitive basis, or for specified studies or research.