China expands student financial aid, doubling National Scholarship recipients and increasing funding for higher education.
China has enhanced its student financial aid policies to reward academic excellence and support disadvantaged students. The annual National Scholarship recipients have doubled, with increased funding for undergraduates and higher amounts for master's and doctoral students. Additionally, the government raised maximum student loan limits and reduced interest rates. These initiatives aim to boost domestic demand and stabilize economic growth by improving access to higher education for all.
October 14, 2024
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