Question

Financial aid consists of _______ and student loans.

Answer 1

Sure, let me try to help you on this one.

There are many things that might fall under the right answer; however, the most logical one would be grant. 

Grants and loans are the most common types of financial aid a student can possibly get, former being a privilege given to students who excel in studies or have proven themselves as worthy candidates for whatever college they are applying to.