Final answer:
The answer to whether classes for credit/no credit may count toward a major or minor depends on the institution's policy. Additionally, living in student housing and receiving financial aid are not mutually exclusive; both can occur simultaneously.
Step-by-step explanation:
To answer the question whether classes for credit/no credit may be counted toward the major or the minor unless the course is only offered on this basis, the correct answer is d) Depends on the institution's policy. Each educational institution sets its own policies regarding the way credits can be applied towards degree requirements. Typically, credit/no credit courses are designed to encourage students to explore subjects outside their major without affecting their GPA. However, for major or minor coursework, institutions usually prefer or require that students take courses for a grade to ensure comprehension of core subject matter.
Regarding the bonus question about living in student housing within five miles of campus and receiving some kind of financial aid being mutually exclusive, the correct answer is B. No. Living in student housing and receiving financial aid are not mutually exclusive; students can both live in campus housing and receive financial aid concurrently.