14. Which statement accurately describes the difference between a student * 1 point
loan and a scholarship or grant?
о
Student loans always come from the Federal government, while scholarships and
grants always come from the college
Student loans need to be repaid, while scholarships and grants are both "gift aid" that
don't need to be repaid
Student loans are a result of completing your FAFSA, while scholarships and grants
are
a
result of winning contests
Student loans are only available to a select few college students each year, while
scholarships and grants are plentiful and easy to get