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Question 1 of 6

Which type of financial aid is considered free money?

A. Grants
B. Work-Study programs
C. Federal student loans
D. ROTC

Sagot :

GinnyAnswer

Final answer:

Grants are considered free money in financial aid as they do not have to be repaid, unlike federal student loans.


Explanation:

Grants are the type of financial aid considered free money. Unlike Federal student loans that need to be paid back, grants do not require repayment. Examples of grants include the Pell Grant and the TEACH Grant.


Learn more about Financial aid here:

https://brainly.com/question/47440567


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