Running Head: Impact of Financial Aid on Educational Environment Impact of Financial Aid on Educational Environment Abstract Quality education is accessible for students if they are determined and willing to opt for it…
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Also, the importance of education, particularly, that of college education has been discussed shortly at the beginning of this paper. Furthermore, how racial differences can hinder the process of acquiring financial aid by African American students has also been discussed. Table of Contents Abstract 2 Table of Contents 3 Introduction 4 Literature Review 5 Introduction Many students ask this question when they are about to graduate from high school that why it is so important for students to acquire higher education. It certainly is since it provides a number of opportunities to people who wish to raise their standards of living and excel in their respective field of education. Higher education is an outlet to various opportunities and therefore its importance cannot be denied (Wilkinson, 2005). Going to college expands the horizon for students as they advance from lower educational level to higher educational level and experience a more broadened aspect of everything they have been seeing all their lives up till now. College lets a student learn more than just from books. It allows students learn from the excellent experienced professionals creating a remarkable experience in learning and acquiring the right set of attributes to excel. If we think beyond the job aspects of acquiring higher education it is quite important for our own development as well. It lets us be a better person in our society and helps us educate people around us (Wilkinson, 2005). Though acquiring higher education can be difficult, it is not impossible. Many financial aids program help in this regard. What we need to understand is that are these financial aid programs, in any way, affecting the student’s educational environment. There could be varying answers to that. This paper gives a detailed review of how these financial aid programs can affect student academics. How financial aids vary from one another according to the needs of the students and are it true that financial aid programs depict a bitter reality of our society, portraying the ugly picture of racism. These questions lead to a deeper analysis of whether choosing to have something better in life would free a student from discrimination and differences that are built on part of these institutions. How students can have several problems related to choosing for the right program and applying to it. Many students are found to have face problems in following the instructions. This could be a major hindrance in achieving their goals. This paper also explains how academic performance of a student can greatly affect his receiving of financial aid from his own institution or federal ones. Altogether, these are various circumstances and conditions, which directly and indirectly affect the process of acquiring financial aid for a college student. Some of these factors conceive further hidden factors that are considered taboo, people do not want to talk about it, people want to hide it, but the reality remains in its place. This paper also includes the types and categories, which are designed for individual students to accommodate their requirements. Literature Review Economy regulates one’s life. How it is supposed to be lived, economy decides as it steers people into a direction where they can survive. Henry David Thoreau (1996) explains in his book how economy has changed the way men used to live, “But lo! Men have become the tools of their tools. The man who independently plucked
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