Which of these is a form of financial aid? Select the two correct answers.(1 point) Responses a part-time job a part-time job a new car a new car a donation from a relative a donation from a relative a scholarship a scholarship a student loan
A donation from a relative and a scholarship are forms of financial aid.
- A donation from a relative: This financial support is generally given with no expectation of repayment, and it can be used to cover educational expenses or other costs.
- A scholarship: This is a financial award typically based on academic merit, athletic skill, or other criteria, and it does not need to be repaid. Scholarships are given to support a student's education.
A student loan is also a form of financial aid, but it differs from donations and scholarships because it must be repaid, typically with interest.
A part-time job is not considered financial aid, as it is employment that provides a student with a salary or wages, not a grant or aid given to them. A new car would not be considered financial aid either, as it's a personal asset, not assistance to support someone's education.