8
lesson pretestMultiple Choice

Pretest

Question 8 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

How is a student loan different from a scholarship?

Answer
A
A student loan is a form of financial aid, but a scholarship is not.
B
A scholarship is a form of financial aid, but a student loan is not.
C
A student loan must be paid back, but a scholarship is not paid back.
D
A scholarship must be paid back, but a student loan is not paid back.

Explanation

A student loan is borrowed money, so the student generally has to repay it. A scholarship is financial aid that does not have to be repaid. Therefore, the correct choice is “A student loan must be paid back, but a scholarship is not paid back.”

AI-written and checked against the verified answer.

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