Student loans are financial aids specifically designed to help students cover the costs of higher education, including tuition, fees, books, and living expenses. These loans are typically offered by the government or private lenders and must be repaid with interest after graduation or leaving school. They often have favorable terms for students, such as deferred payments until after graduation or flexible repayment plans based on income. Student loans enable individuals to pursue educational opportunities that might otherwise be financially out of reach, but borrowers should carefully consider their repayment obligations and options to manage debt responsibly.