Research on Constructing a Precise Financial Aid System in Colleges in the Era of Big Data

Facilitating financial aid work on college students from economically disadvantaged families is an essential requirement for carrying out the basic task of fostering virtue through education and running universities that are deeply rooted in China. Crucially, financial aid offerings, an important part of college education management and services, concern the vital interests of students in general. As our country's social economy and higher education keep on booming, colleges are working harder to provide better financial support for students in need. In the meantime, there are risks and challenges yet to be tackled, and relevant work needs to be optimized. This research delves into ways of constructing a precise financial aid system in colleges in the era of big data so that the financial aid policies of the Party and the State can benefit every student, therefore maximizing equity in education and mitigating the burden of needy students.