Final answer:
C. The school is concerned about the students' ability to pay for college.
The principal is likely focusing on the students' ability to pay for college, given the low-income levels in the district, by informing them about financial aid options like loans, grants, and work-study.
Step-by-step explanation:
The statement that best describes the context of the principal's presentation about applying for financial aid for higher education is C. The school is concerned about the students' ability to pay for college. The fact that the speech occurs shortly after a report indicated the low-income levels of the district's residents emphasizes the principal's likely concern over the financial barriers students might face when considering higher education.
In such a socio-economic context, it is important for students to be aware of various financial aid options, including student loans, grants, and work-study programs. These financial resources can help mitigate the effects of economic disparity and provide more equitable access to college for students from lower-income families. Highlighting financial aid opportunities can therefore help increase these students' chances of attending college by making it more affordable for them.