177446
AssignmentMultiple Choice

Employment and Education

Question 177446 • * HSA 26-27 Economics

What is the difference between Pell Grants and TEACH Grants?

Answer
A
TEACH Grants are need-based while Pell Grants are career-based.
B
Pell Grants are need-based while TEACH Grants are career-based.
C
Pell Grant recipients are not eligible for ACGs, while TEACH Grant recipients are.
D
Pell Grants are privately awarded while TEACH grants come from the government.

Explanation

Pell Grants are generally awarded based on financial need and do not require recipients to enter a particular career. TEACH Grants support students preparing for teaching careers, and recipients must meet teaching-service requirements or the grant may convert to a loan. Therefore, the correct choice is “Pell Grants are need-based while TEACH Grants are career-based.”

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