Question

What is a student loan?​​​​​​​

(1 point)
Responses

a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.

money, i.e., financial assistance, given by a government, organization, or person for a specific purpose, usually based on need
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose, usually based on need

money awarded based on merit or achievement to somebody by an organization to help pay for their education
money awarded based on merit or achievement to somebody by an organization to help pay for their education

money that has to be repaid 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 designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
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Answer 1

The correct response is:

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