Which term is used to describe a form of aid that does not need to be repaid and is often associated with merit?

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Multiple Choice

Which term is used to describe a form of aid that does not need to be repaid and is often associated with merit?

Explanation:
The main idea is recognizing forms of financial aid that you don’t have to pay back, and how some are tied to merit. A scholarship fits this description best because it is financial aid you don’t repay, and it’s often awarded for strong grades, talents, or achievements. So, if you’ve done well in school or shown exceptional skill in a sport or art, you might earn a scholarship to help cover tuition and related costs. Grants are also money you don’t have to repay, but they’re usually given based on financial need rather than merit. Work-study provides a way to earn money by working a part-time job on or near campus to help pay costs. And “post-secondary education” describes the level of schooling, not a form of financial aid.

The main idea is recognizing forms of financial aid that you don’t have to pay back, and how some are tied to merit. A scholarship fits this description best because it is financial aid you don’t repay, and it’s often awarded for strong grades, talents, or achievements. So, if you’ve done well in school or shown exceptional skill in a sport or art, you might earn a scholarship to help cover tuition and related costs.

Grants are also money you don’t have to repay, but they’re usually given based on financial need rather than merit. Work-study provides a way to earn money by working a part-time job on or near campus to help pay costs. And “post-secondary education” describes the level of schooling, not a form of financial aid.

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