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Agata [3.3K]
3 years ago
6

WRITE: What is the difference between a scholarship and a loan?​

English
2 answers:
Nutka1998 [239]3 years ago
5 0

Answer:

Scholarships. We’ve all heard about applying for scholarships, but what exactly are they? Scholarships are sums of money specifically designated for your education.

Grants. Simply stated, grants are free money. ...

Loans. A loan is borrowed money that needs to be paid back with interest. ...

Explanation:

Ivan3 years ago
4 0

Answer:

A scholarship is an achievement award which is usually based on academic grades, abilities, skills, test scores, class rank, etc. Loans are funds borrowed by the student and/or parent. In most cases, loans must be repaid with an interest charge during a specified repayment period.

Explanation:

Hope this helps :-)

Have a great day or night!

Enjoy your assignments and studies

ps. Dont give me full credit I used references thank you

<3 simplysun

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