Student Financial Aid Regimes
By Alex Usher and Jonathan Williams Last week, we presented you with an overview of tuition fee regimes around the world. Not unreasonably, a few of you asked “what about student aid? Doesn’t that matter?”. Of course it does! And we have you covered. So first of all, let’s talk about what we mean by student aid. Broadly speaking, it comes in three forms: loans, grants, and “indirect aid”. Loans are simple enough. Grants are trickier, because while they usually