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Final answer:
Scholarship money for playing basketball in college is considered merit-based aid that does not require repayment.
Explanation:
Receiving scholarship money to play basketball in college is a form of merit-based aid. Colleges offer scholarships to students based on their achievements, skills, or characteristics. This type of aid does not need to be repaid, unlike loans. Merit-based aid is often used to attract talented students to colleges and universities.
Learn more about financial aid for college students here:
https://brainly.com/question/28984962
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