F INANC ING YOUR STUDY
Support
Yourself
Through
University
With
Financial
Aid
Financial assistance is often offered
by governmental bodies, non-profit
organisations (NGOs), educational
institutions, or the private sector as part
of their corporate social responsibility
(CSR) initiatives. Assistance may come
in the form of a scholarship or a full
or partial loan. Some loans may be
converted into a scholarship if excellent
academic results are achieved.
Having your college or university fees
disbursed enables you to pursue your
education without financial hindrances.
Student financial aids, or more commonly
referred to as student loans, are also
the best form of financial assistance for
the pursuit of higher education for the
following reasons:
Low interest rate
Tailored to encourage the pursuit of
knowledge, the interest charged on
student loans are usually very minimal,
ranging from 1% to 6%. The interest
rate generally remains flat throughout
the tenure of the studies and extends
past its completion, so students need not
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easyuni Guide 2014
Issue