In our world, there are a lot of good things. Financial aid is one of these things. These things affect our life in many ways. While it is a commonly held belief that financial aid plays a crucial role in shaping our future and is a topic of great importance in today’s society, there is also an argument that opposes it. Some people think that this is a positive development, while others disagree and think it may lead to adverse ramifications. In my opinion, I consider the impact of financial aid on individual and societal development cannot be overlooked. This essay agrees that financial aid is beneficial. This essay will discuss the effectiveness of financial aid in addressing poverty and suggest how other types of assistance can be more effective.