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3 years ago

Financing options for post-secondary education:

Business

1 answer:

Firdavs [7]3 years ago

4 0

Answer:

Explanation:

Federal grants can be defined as financial aid or grants provided by the US grants from the general federal revenue. These grants are provided by the government for various purposes, and one of those purposes are for monetary help for college and education.

The ways in which federal grants or financial assisstance is provided to students is through scholarships, grants, student loans, and work study.

Scholarships are based on academic merit, talents, etc. It is a type of free education that can be earned if students excel in their studies.

Grants is a financial aid that does not need to be repaid unless service, which is promised in return of grant, is done. Example of grants are TEACH, FSEOG, etc.

Work study are those financial aids that helps students to earn on their own for their fees by doing a part-time job.

So, the correct answer is option B.

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