Universities set aside scholarship grants to help out students that have an excellent academic profile for the program they have applied for, but are unable to afford the tuition fee.
For students who have financial restraints but want to apply to their dream college/university, it is highly advisable to set a scholarship grant goal.
Scholarship grants generally cover tuition fees, either partially or fully depending on which one has been granted. A fully funded scholarship covers the entire tuition fee as well as expenses related to living costs, books, and other costs. In addition to this some scholarships also help with extracurricular activities as well.
Hence, it is highly advisable for students to look into scholarship grant options available against the program being applied for.