Which best describes a scholarship?A.A financial award that is available to allB.A financial award that does not need to be paid backC.A financial award provided by the federal governmentD.A financial loan that does not need to be paid back

Scholarships are typically based on _____, whereas grants are typically awarded based on _____.A.talent; achievementB.academic performance; nonacademic talentC.financial need; meritD.merit; financial needSUBMITarrow_backPREVIOUS

_____ are a type of financial aid that must be paid back.A.LoansB.State grantsC.Federal grantsD.ScholarshipsSUBMITarrow_backPREVIOUS

What is a difference between a grant and a scholarship?A.A grant only covers education expenses.B.A grant is need based, while a scholarship is based on merit.C.A grant does not need to be paid back.D.A grant needs to be repaid, while a scholarship does not.SUBMITarrow_backPREVIOUS

Most colleges and universities award _____ scholarships to students who have a history of excellent grades in school.A.athleticB.underrepresented studentC.creativeD.academicSUBMITarrow_backPREVIOUS

The PROFILE is used to award:A.nonfederal student aid funds.B.tuition and fee waivers.C.loan forbearances.D.college scholarships based on merit.