which of the following ways to pay for education does not need to be paid back check all that apply
The answers are
1. B and D
2. D
3. B and D
4. A. and C
1- B (Grants); D (Scholarships)
2- D (Federal Loans)
3- B (Private Loans); D (Federal Loans)
4- A (Investing in one's education may lead to increased lifetime income; C (Spending money on education often leads to debt that must be repaid later)
Final answers are
1- B, D
2- D
3- B, D
4- A, C
What are your choices?
THREE POINT IS RIGHT
1. B and D
2. D
3. B and D
4. A C
ThreePoint is 100% for 2022!
1) grants; scholarships
2) federal loans
3) private loans; federal loans;
too lazy to write the rest, you get the idea.
Three Point is 100% correct thank you so much!!!!
I agree
To determine which ways to pay for education do not require repayment, we need to evaluate the available options. Here are some common methods:
1. Scholarships: Scholarships are grants awarded to students based on academic achievements, talents, skills, or specific criteria set by scholarship providers. They do not have to be repaid. To find scholarships, you can search online platforms, check with your school's financial aid office, or explore opportunities related to your field of study.
2. Grants: Similar to scholarships, grants are funds awarded to students based on financial need or other specific criteria. They do not require repayment, making them an excellent source of funding. Grants can be obtained through various sources such as federal and state governments, nonprofit organizations, and colleges/universities. To search for grants, you can visit websites like Grants.gov or contact your school's financial aid office.
3. Work-Study Programs: Under the Federal Work-Study (FWS) program, students can work part-time on or off-campus while pursuing their education. The money earned from these jobs helps cover educational expenses. Work-study earnings are not required to be paid back.
4. Personal Savings: If you have saved funds specifically for educational expenses, you can utilize that money to pay for education without needing to repay anyone.
5. Tuition Waivers: Some educational institutions offer tuition waivers or partial waivers to specific groups of students, such as employee dependents or students from low-income backgrounds. These waivers allow students to attend without having to pay certain or all tuition fees.
Options that do not require repayment: Scholarships, Grants, Work-Study Programs, and Personal Savings. Tuition Waivers may not require repayment, but they depend on the specific policies of the educational institutions.
A. federal student loans
B. grants
C. private student loans
D. scholarships