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What is one major difference between a grant and a loan?

If you receive a grant, you cannot also get a scholarship. However, if you receive a loan, you can also get a
scholarship
A grant is considered a financial gift. Unlike a loan, you do not have to pay it back.
O Aloan is considered a financial gift. Unlike a grant, you do not have to pay it back.
You can apply for loans using the FAFSA, but you cannot use the FAFSA to apply for grants.
it back.
e to pay it back

2 Answers

4 votes

Answer:

b. A grant is considered a financial gift. Unlike a loan, you do not have to pay it back.

Explanation:

edge 2020

User Yorgos
by
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2 votes

Answer:

☆ A grant is considered a financial gift. Unlike a loan, you do not have to pay it back.

☆Answer B) is the correct answer!

Explanation:

Just did it ♡

User Dmitry Yudin
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4.5k points