Which two forms of financial aid require the student to bear the costs of college education?

Question

direct loans
federal Pell grant
work-study programs
merit-based scholarships
minority scholarships

Answer 1

The two forms of financial aid that require the student to bear the costs of college education are:

1. Direct Loans: These are loans that students must repay with interest after graduation or when they drop below half-time enrollment.

2. Work-Study Programs: Although they provide students with the opportunity to earn money for college through part-time work, the student is still responsible for covering their college expenses using the earnings from these jobs.

The other options (federal Pell grant, merit-based scholarships, and minority scholarships) do not require repayment or direct financial contribution from the student.