10
QuizMultiple Choice

Employment and Education

Question 10 • * HSA 26-27 Economics

Which statement best explains a grant?

Answer
A
A grant is money awarded to a student, usually based on financial need.
B
A grant is aid given to a student by an institution, often based on academic success.
C
A grant is money borrowed by a student to pay for an education that will need to be repaid.
D
A grant is the price of attending classes at a school.

Explanation

A grant is financial aid that usually does not need to be repaid, and it is often awarded based on financial need. Choice A describes this. Choice B describes a scholarship, choice C describes a loan, and choice D describes tuition.

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