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AssignmentMultiple Choice

Understanding College Savings

Question 1 • SNHS NV-Civics and Economics

Which statement best defines a grant?

Answer
A
A grant is an educational plan in which students alternate between studying for school and gaining work experience.
B
A grant is a loan offered to students to help pay for education-related expenses.
C
A grant is money given by an organization for a specific purpose.
D
A grant is a loan offered to anyone who is thinking about attending college.

Explanation

A grant is money provided by an organization for a particular purpose, often without needing to be repaid. Choice C gives this definition. Choices B and D describe loans, which generally must be repaid, and choice A describes a work-study program.

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