Question

Which statement best explains a grant? A grant is federal money awarded to a student. A grant is aid given to a student by an institution. A grant is money borrowed by a student to pay for an education. A grant is the price of attending classes at a school.

Answer 1

Answer:

• A grant is federal money awarded to a student.

Explanation:

The Business Dictionary defines Grant as:

Bounty, contribution, gift, or subsidy (in cash or kind) bestowed by a government or other organization (called the grantor) for specified purposes to an eligible recipient (called the grantee). Grants are usually conditional upon certain qualifications as to the use, maintenance of specified standards, or a proportional contribution by the grantee or other grantor(s).

Answer 2

If you're asking for the answer on edg, it should be A) A grant is money awarded to a student, usually based on financial need.

I hope this helps!