Education is a right. But, millions of students all over the world are not able to go to school. Even in developed countries, many students do not choose pursue college education. This is largely due to the lack of financial resources.
The Burdensome Cost of Education
There are financial factors that affect the availability of educational facilities and the accessibility of education to students. In developing countries, the usual issue is the lack of government funding for building, staffing, and providing equipment for schools. Families also do not have enough financial resources to send their children to school.
In countries like the United States and in Europe, the cost of education is likewise a burden for many students. While public education is available for primary and secondary education, going to college and getting a degree is a different story. In these cases, financial assistance is indeed a boon to struggling students.
Many students opt to take jobs while studying just to have money to pay for their tuition fees and school expenses. This can take a toll on their minds and bodies and eventually affect their performance in school. What these students need is a financial lifeline so they can focus on their studies and eventually land better jobs and careers when they graduate.
There are loans, grants and scholarships that can be applied for by struggling students so they can fund their education. Apart from government student loans, there are also private student loans and grants that multinational companies extend to students in different countries.
The requirements for these financial assistance products could vary, but most of these would ask for proof of financial need. The student would also have to present his school records, a certification as to his enrolment status, and the amount of fees he needs to pay.
It is not impossible to get a good education these days as there are a lot of institutions and companies that are willing to provide financial help to struggling students. It just takes some research to see what student loans and grants a student will be qualified to apply for.