Answered

Question 3 of 20
Which of the following is a low-interest loan to students with very high
financial need?
O A. Pell
O B. Gates
○ C. Direct PLUS
O D. Perkins



Answer :

GinnyAnswer

Final answer:

Pell Grants are low-interest loans for high-need students, while Direct PLUS loans are higher interest loans not based on financial need.


Explanation:

Pell Grants are low-interest loans provided to students with high financial need. These loans are distributed by the federal government through colleges' financial aid offices. Direct PLUS loans, on the other hand, are not based on financial need and require a credit check. They are higher interest loans compared to Pell Grants.


Learn more about Student Loans here:

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