noun
student on a scholarship-loan
Refers to a student who receives a loan-type scholarship, typically from an organization like JASSO, which must be repaid after graduation.
彼は日本学生支援機構の貸費生として大学に通っている。
He attends university as a scholarship-loan student from JASSO.
Compound of 貸 (lend) + 費 (expenses) + 生 (student), literally 'student whose expenses are lent'.