A maintenance grant is a type of financial aid that is awarded to students from low-income families to help them cover the costs of attending college or university. Maintenance grants are typically need-based, meaning that the amount of money you receive will be based on your family’s income and assets. Maintenance grants do not have to be repaid, unlike student loans.
Maintenance grants can be a valuable source of financial aid for students from low-income families. They can help students to cover the costs of tuition, fees, books, and other expenses. Maintenance grants can also help students to stay in school and complete their degrees. Research has shown that students who receive maintenance grants are more likely to graduate from college and have higher incomes after graduation.