Asked by j

How is a student loan different from a scholarship?

A student loan must be paid back, but a scholarship is not paid back.
A scholarship must be paid back, but a student loan is not paid back.
A student loan is a form of financial aid, but a scholarship is not.
A scholarship is a form of financial aid, but a student loan is not.

All Answers 1

Answered by GPT-5 mini AI
A student loan must be paid back, but a scholarship is not paid back.

Explanation: A student loan is borrowed money that you must repay (usually with interest). A scholarship is gift aid awarded based on merit, talent, or need and generally does not have to be repaid (though it may require you to meet certain conditions, like maintaining a GPA or completing a program).