Concept
Tuition payments
Related concepts (7)
Free education
Free education is education funded through government spending or charitable organizations rather than tuition funding. Many models of free higher education have been proposed. Primary school and other comprehensive or compulsory education is free in many countries (often not including primary textbook). Tertiary education is also free in certain countries, including post-graduate studies in the Nordic countries.
State school
A state school or public school is a primary or secondary school that educates all students without charge. Such schools are funded in whole or in part by taxation. State-funded schools exist in virtually every country of the world, though there are significant variations in their structure and educational programmes. Government funded education generally encompasses primary and secondary education (4 years old to 18 years old).
Student financial aid in Finland
Student financial aid in Finland consists of government payments (through Kela) that provide economic security to students and enable all students to study. Almost all Finnish students receive financial aid, including foreigners who are permanent residents or EU citizens. It is available in the form of: a study grant a government-backed student loan a housing supplement (starting 1 August 2017, available only to those who are studying abroad or enrolled in a tuition-based programme at a folk high school or sports institute and living in the school dormitory).
Tuition freeze
Tuition freeze is a government policy restricting the ability of administrators of post-secondary educational facilities (i.e. colleges and universities) to increase tuition fees for students. Although governments have various reasons for implementing such a policy, the main reason cited is improving accessibility for working- and middle-class students. A tuition fee freeze is a common political goal of the Canadian student movement, especially the Canadian Federation of Students.
Student debt
Student debt is a form of debt that is owed by an attending, formerly withdrawn, or graduated student to a lending institution, or to a financial institution. The amount that is loaned, often referred to as a student loan or the debts may be owed to the school (or the bank) if the student has dropped classes and withdrawn from the school, or if the student has graduated but is underemployed. Withdrawing from a school, especially if a low (or no-income student) has withdrawn with a failing grade, could deprive the student of the ability of further attendance by disqualifying the student of necessary financial aid.
Student loan
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries.
Private school
A private school is a school not administered or funded by the government, unlike a public school. They are also known as independent schools, non-governmental, privately funded, or non-state schools. They are usually funded by fees charged at their students. Private or independent schools are not dependent upon national or local government to finance their financial endowment. Unless privately owned they typically have a board of governors and have a system of governance that ensures their independent operation.