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The article emphasizes the rising costs of higher education and the importance of applying for scholarships and grants to help cover these costs. With the average public in-state college tuition being over $26,000 annually, scholarships and grants are essential for students to be able to afford a degree. The article explains the differences between scholarships and grants, with scholarships being merit or needs-based and grants being mostly needs-based and provided by the government. It also emphasizes the positive outcomes of seeking financial aid, such as reducing student loan debt and improving future job prospects. The article provides tips for finding scholarship and grant opportunities, as well as advice on how to apply for these forms of financial aid. It also highlights the eligibility requirements and application process for both scholarships and grants. Overall, the article stresses the importance of seeking out financial aid and provides valuable information for students and families looking to afford higher education.



Original: The Role of Scholarships and Grants in Financing Education