Institutional Aid

Institutional aid refers to financial assistance provided by colleges and universities to support students in covering their educational expenses. This aid can come in various forms, such as scholarships, grants, or work-study opportunities, and is typically awarded based on factors like financial need, academic merit, or specific talents. Unlike federal or state aid, institutional aid is funded directly by the school, allowing institutions to attract and retain students, making education more accessible. It is an important resource for students seeking to reduce their out-of-pocket costs for tuition and related expenses.