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Student Aid (other)
Student aid can refer to: * Purely financial aid provided for students that consists of grants or loans or both, usually called student financial aid * Aid provided for students that consists of more than just purely financial aid, for example work-study programs * Student financial aid (Finland) *Student financial aid (Germany) *Student financial aid (Sweden) Student financial aid in Sweden consists of grants and loans administered by the Swedish National Board of Student Aid, a Swedish government agency. Students living with their parents often only take the student grant, while other students tend ... * Student financial aid (United States) {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant (money)
A grant is a funding, fund given by an end entity grant – often a Government, public body, charitable foundation, or a specialised grant-making institution – to an individual or another entity (usually, a non-profit organisation, sometimes a business or a local government body) for a specific purpose linked to public benefit. Unlike loans, grants are not to be paid back. European Union European Union grants The European Commission provides financing through numerous specific calls for project proposals. These may be within Framework Programmes for Research and Technological Development, Framework Programmes. Although there are many 7-year programmes that are renewed that provide money for various purposes. These may be Structural Funds and Cohesion Fund, structural funds, Youth programmes and Educational policies and initiatives of the European Union, Education programmes. There are also occasional one-off grants to deal with unforeseen aspects or special projects and theme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Student Financial Aid (Finland)
Student financial aid in Finland consists of government payments (through Kela) that provide economic security to students and enable all students to study. Almost all Finnish students receive financial aid, including foreigners who are permanent residents or EU citizens. It is available in the form of: * a study grant * a government-backed student loan * a housing supplement (starting 1 August 2017, available only to those who are studying abroad or enrolled in a tuition-based programme at a folk high school or sports institute and living in the school dormitory). **students are eligible for general housing benefits The qualifying conditions for student financial aid are: * admission to a school * full-time study * academic progress * need of financial assistance. They are a kind of transfer payment. Similar systems, some of which are older, exist in some other countries where education is free of charge, e.g. Germany and Sweden. Student benefit is paid by the state to all qua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Student Financial Aid (Germany)
The Government of Germany provides financial aid to students in the form of loans and grants regardless of their social and economic situation. This aid is provided under the Bundesausbildungsförderungsgesetz (Federal Training Assistance Act) or "BAföG" . Groups eligible for BAföG assistance include high school students, full-time university students, second path education students (i.e., those starting to study after having been in the workforce), and students of schools for professional training. In recent years, BAföG has ensured that students especially from low-income families enrolled themselves for higher education. Eligibility dependent on parent income Eligibility for student loans is normally dependent upon parent income, as parents are required by law to fund their children's education, including higher education. For low-income families, BAföG loans take over when these obligations cannot reasonably be met by parents. * To university students, BAföG lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Student Financial Aid (Sweden)
Student financial aid in Sweden consists of grants and loans administered by the Swedish National Board of Student Aid, a Swedish government agency. Students living with their parents often only take the student grant, while other students tend to take both the student grant and the student loan. The loans and grants are normally approved for a maximum of twelve semesters, or 240 weeks. In 2016, weekly student aid for a full-time student was as follows: In 2018 the interest rates for tuition fees were low at 0.13, with the average debt equivalent to $21,000, even though students borrow only for living expenses, as Swedish universities charge no tuition fees. No income tax is paid on student grants and student loans. Students must meet basic requirements to receive financial aid. * Must meet the age requirements. May receive student aid until the year that they turn 56, but the right to take out a loan will be limited from the year that they turn 47. For upper secondary edu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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