Often asked: Which Statement Best Explains Scholarships That Cover The Costs Of An Education?

Which statement best explains scholarships?

Answer: A scholarship is aid given to a student by an institution. Explanation: A scholarship is the financial help provided by the institution to a student to help in the academics.

Which statement best explains a scholarship quizlet?

Which statement best explains a scholarship? A scholarship is aid given to a student by an institution.

Which statement best explains students loans that cover the cost of an education?

Which statement best explains student loans that cover the costs of an education? They require the use of savings. They require repayment with interest.

Which are ways to pay for a college education check all that apply quizlet?

Answer Expert Verified. The ways to pay for a college education are: student loans, Federal grants, Academic scholarships.

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Which statement best explains scholarships that cover the costs of an education quizlet?

Which statement best explains scholarships that cover the costs of an education? They are often based on achievement. The graph compares the cost of living in three different cities.

How is a student loan different from a scholarship?

Scholarships are often paid straight from the college, or straight to the college. If you take out a student loan, the total amount is divvied up by semester or year and that amount is typically disbursed to your school to cover your tuition.

Which statement correctly compares the two jobs quizlet?

Therefore, the statement that correctly compares both jobs is option 2, Job A offers a higher salary and more days off.

What is one example of a closed economy quizlet?

What is one example of a closed economy? It costs Cool Clothes Company $15 to produce one pair of jeans, but they needed to discontinue production of shirts to focus on jeans.

Which educational institutions typically cost the most to attend?

vocational schools community colleges public universities private colleges. An educational institutions typically cost the most to attend is private colleges. This answer has been confirmed as correct and helpful.

Which type of loan is based on financial need?

Subsidized Loans are loans for undergraduate students with financial need, as determined by your cost of attendance minus expected family contribution and other financial aid (such as grants or scholarships). Subsidized Loans do not accrue interest while you are in school at least half-time or during deferment periods.

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What are the three most common sources of financial aid?

The federal government provides money to colleges to give to needy students through three federal campus-based programs. These three programs include (1) a grant program (Federal Supplemental Educational Opportunity Grants, or SEOGs), (2) a loan program (Federal Perkins Loans), and (3) the Federal Work-Study Program.

Can student loans cover housing?

Student loans can be used to pay for room and board, which includes both on- and off-campus housing. So the short answer is yes, students can use money from their loans to pay monthly rent for apartments and other forms of residence away from campus.

Which are ways to pay for a college education?

How to Pay for College: 8 Expert-Approved Tips

  • Fill out the FAFSA.
  • Search for scholarships.
  • Choose an affordable school.
  • Use grants if you qualify.
  • Get a work-study job.
  • Tap your savings.
  • Take out federal loans if you have to.
  • Borrow private loans as a last resort.

What do students buy when they pay tuition?

Answer: You buy the right to attend to classes at a specific institution. Explanation: Tuition is the fee that is charged by higher education institutions for students to be able to attend to classes.

What consequences do borrowers face if they miss many payments?

[A, B, D] Difficulty getting loans, garnished wages, and lost collateral. Explanation: There are three consequences that borrowers face if they were to miss payments.

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