Authors
Rosalyn Galvez, Roel Ignacio
Publication date
2023
Description
Student financial aid (SFA) is a unit under the jurisdiction of the student affairs and services department. It is financial  support given to individuals who are furthering their education. SFA may be seen in a number of forms, including  scholarships, grants, student loans, and work-study programs. Financial stress has been defined as difficulty in  meeting one’s financial obligations, with given economic behaviors being best understood in light of individuals’  attitudes and beliefs related to resource availability and management (Northern et al., as cited by Robb, 2017).  Scholarship grantees’ who are satisfied with the services provided by the SFA tend to reduce financial stress and in  the long run achieve their academic goals (Montalto, et al, 2019).
Scholar articles