The correct conclusion the student can make is:
The substance is not glucose based.
In a Benedict's test, a color change indicates the presence of reducing sugars, such as glucose. If there is no color change after adding the Benedict's reagent, it suggests that the unknown substance does not contain reducing sugars like glucose. However, it is also important to note that other factors, such as the need for heat, can affect the outcome, but the direct observation here leads more strongly to the conclusion that the substance is not glucose based.