1
AssignmentMultiple Choice

Understanding College Savings

Question 1 • 2026-2027 Personal Finance w/ Mrs. Roudybush

Which statement best defines a grant?

Answer
A
A grant is an educational plan in which students alternate between studying for school and gaining work experience.
B
A grant is a loan offered to students to help pay for education-related expenses.
C
A grant is money given by an organization for a specific purpose.
D
A grant is a loan offered to anyone who is thinking about attending college.