Financial Aid Process Quick Check 4 of 54 of 5 Items Question What is a student loan? (1 point) Responses money awarded to someone based on merit or achievement by an organization to help pay for their education money awarded to someone based on merit or achievement by an organization to help pay for their education money awarded to a student, often based on financial need, for a specific purpose (like tuition) by a government or an organization money awarded to a student, often based on financial need, for a specific purpose (like tuition) by a government or an organization money that has to be repaid and incurs interest, designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses money that has to be repaid and incurs interest, designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses federally funded program in the U.S. that assists students with the costs of postsecondary education by finding them employment

Answer 1

money that has to be repaid and incurs interest, designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses