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In this episode of Aikido Connection, Liana introduces a discussion on Financial Aid 101. The goal is to help viewers understand financial aid, including eligibility requirements, necessary forms, and application processes. Financial aid is defined as support that helps students cover college expenses like tuition and books. Liana encourages those who haven't considered applying for financial aid to begin exploring the options available. The episode outlines four main types of financial aid: scholarships, which are merit-based funds that don't require repayment; and grants, which are based on financial need. Further details about the remaining types of aid are likely covered in the full episode.