Final answer:
Grants (C) and scholarships (D) are types of financial aid that do not require repayment. Students apply for these forms of aid via the Free Application for Federal Student Aid (FAFSA®). Unlike loans, grants and scholarships are gifts that do not need to be paid back.
Step-by-step explanation:
The form of financial aid that does not require repayment is either grants (C) or scholarships (D). Both grants and scholarships are types of aid that are awarded to students and are not expected to be repaid. Grants are typically need-based and are awarded by either the federal government, state governments, or educational institutions. Scholarships can be based on a variety of factors, including academic merit, athletic ability, or other specific criteria set by the scholarship provider.To apply for grants and scholarships, as well as other forms of aid like student loans and work-study programs, students can complete the Free Application for Federal Student Aid (FAFSA®). The FAFSA is an essential step in determining eligibility for various forms of financial aid for postsecondary education.While work-study is also a form of aid where you earn funds through part-time employment, it technically must be earned and thus is not considered aid that is free from repayment. Student loans (A), despite being a common form of financial aid, must be repaid with interest after the student graduates or leaves school.