The best desirable form of financial aid that any students can get is scholarships. Why? Because unlike loans, they are the kind that you don't have to pay back-similar to grants. The difference is that grants are often based on needs, while scholarships are usually merit-based or given as recognition for achievements.
Financial issues can plague a student's mind. With scholarship, instead of thinking of controlling costs due to loan debt limit, students can focus on their studies or even in careers that require postgraduate trainings and not wander from their academics. This can lead better grades and opportunities, reducing the risk of drop outs and students not getting the degree they want.
When you graduate, most employees recognize the competitive nature of scholarship and most likely find you favorable among the others. So it is always worth listing on your resume when you start searching for a job.
Scholarship can make a big advantage and difference to you and your study. By removing financial barriers, reducing financial concerns, and the security scholarships provide-means more to time to focus for studying and learning, making education and career goals easier to obtain.
Scholarships are not only for students who are not financially capable. Even students from a well-off family can apply for scholarships and save money on education. The money that can be saved can be used for post graduate trainings or Master's degree for further education and career growth.
This makes application for scholarships one of the most important steps in your financial aid process.