THE PERCEIVED INFLUENCE OF FINANCAL AID

This study examines the perceived influence of financial aid on students' academic achievement at the University of Benin, Edo State. Given the economic challenges affecting students' ability to finance higher education, this research explores how various forms of financial aid such as scholarships, grants, loans, and work-study programs impact academic performance. Using a survey research design, data was collected from students who receive financial aid, and their responses were analyzed using descriptive and inferential statistics. Findings indicate that financial aid significantly enhances students' academic performance by reducing financial stress, improving access to educational resources, and allowing students to focus on their studies. However, challenges such as delays in disbursement and insufficient funding persist. The study recommends policy interventions to improve the effectiveness and accessibility of financial aid programs, ensuring greater academic success for students in Nigerian universities