What is a scholarship? (1 point)

Question

• a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid
• a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
• an amount of money given to somebody by an organization to help pay for their education
• a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose

Answer 1

• an amount of money given to somebody by an organization to help pay for their education