What is a student loan?

(1 point)

A.money awarded to someone based on merit or achievement by an organization to help pay for their education

B.money that has to be repaid and incurs interest, designed to help students pay for O postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses

C.federally funded program in the US that assists students with the costs of postsecondary education by finding them employment

D.money awarded to a student, often based on financial need, for a specific purpose (like tuition) by a govemment or an organization

B.money that has to be repaid and incurs interest, designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses.