What kind of financial aid can the state and society provide for students who meet the admission requirements and have financial difficulties?
Article 37 of the Education Law stipulates that the state and society provide various forms of financial assistance to children, adolescents and young people who meet the requirements for admission and have financial difficulties in their families. Specifically, there are scholarships, work-study programs, grants, tuition and miscellaneous fees reduction, credit loans, interest-free loans in schools, subsidies for special difficulties in schools, and social donations. The state attaches great importance to the schooling of students from poor families and has successively implemented a series of measures. For example, as stipulated in the second paragraph of Article 55 of the Higher Education Law, the state establishes work-study funds and scholarships for students in institutions of higher learning, and encourages institutions of higher learning, enterprises and institutions, social organizations, other social organizations and individuals to set up various forms of scholarships to help students with financial difficulties. The State Council's Opinions on Establishing and Perfecting the Financial Aid Policy System for Higher Vocational Schools and Secondary Vocational Schools in Colleges and Universities clearly requires that the national scholarship system, the national bursary system and the national student loan policy be improved to promote educational equity and social equity.