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Pretty much. But there are grants, which do not have to be repaid. See the school Financial Aid Office for assistance.
grants
Grants do not have to be repaid. Loans have to be repaid.
You can get financial assistance in Oregon if you are eligible.
how to get financial assistance toBill Gates
Yes, Germany does give financial assistance to other EU countries.
Depending on your unique situation, it is possible that you may qualify for a Federal Pell grant which is financial assistance to attend school that doesn't have to be repaid. Of course this mainly depends on what your financial situation is at the current time.
The correct answer is "The faculty is offered financial assistance," if you are speaking of the faculty as a single unit.