5
QuizMultiple Choice

Planning and Paying for College — Quiz

Question 5 • Personal Finance

Which funding source does NOT require repayment?

Answer
A
grants
B
loans
C
credit
D
work-study

Explanation

Grants are financial aid that generally does not have to be repaid. Loans and credit must be repaid, while work-study is earned through a job. Therefore, the correct choice is grants.

AI-written and checked against the verified answer.

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