x Geraldo plans to pay for college using his savings along with scholarships, grants, and work-study programs.
Determine if each statement about Geraldo's source of funding for college is true or false.
Geraldo has the greatest amount of personal control over his savings.
Grants are merit-based and awarded based on academic achievements, extracurricular activities, and so on.
Work-study programs provide part-time jobs to eligible students with financial need.
Scholarships are loans that must be repaid with interest.
True: Geraldo has the greatest amount of personal control over his savings.
True: Grants are merit-based and awarded based on academic achievements, extracurricular activities, and so on.
True: Work-study programs provide part-time jobs to eligible students with financial need.
False: Scholarships are not loans that must be repaid with interest.