Answers 2027 Ignite Financial Literacy-Personal Finance - EL3403 Careers, Salaries, and Lifetime Income — Unit testQuestion 21

21

QuizMultiple Choice

Careers, Salaries, and Lifetime Income — Unit test

Question 21 of 25 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

How is a student loan different from a scholarship?

Answer

A

A student loan must be paid back, but a scholarship is not paid back.

B

A scholarship must be paid back, but a student loan is not paid back.

C

A student loan is a form of financial aid, but a scholarship is not.

D

A scholarship is a form of financial aid, but a student loan is not.

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