What is a student loan?
(1 point)
• money, i.e., financial assistance, given by a government, organization, or person for a specific purpose, usually based on need
• a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.
• money awarded based on merit or achievement to somebody by an organization to help pay for their education
• money that has to be repaid designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses