Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

exploring different ways to pay for college which statement best define…

Question

exploring different ways to pay for college
which statement best defines a grant?
a grant is a loan offered to students to help pay for education - related expenses
a grant is a loan offered to anyone who is thinking about attending college
a grant is money given by an organization for a specific purpose
a grant is an educational plan in which students alternate between studying at school and working at a company or service

Explanation:

Brief Explanations

A grant is a form of financial aid that does not need to be repaid, given by organizations (like governments or colleges) for specific purposes (often education-related). The first two options incorrectly label grants as loans, and the third option accurately describes grants as funds given for a specific purpose.

Answer:

C. A grant is money given by an organization for a specific purpose