Normally, grant money is treated as gift aid that does not need to be paid back. Which of the following events would require a student to pay back the amount received as grant?

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Business

Mike Velez

17 June, 12:36

Normally, grant money is treated as gift aid that does not need to be paid back. Which of the following events would require a student to pay back the amount received as grant?

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Zavier · Answer 1

Grants and scholarships are often called "gift aid" because they are free money-financial aid that doesn’t have to be repaid. Grants are often need-based, while scholarships are usually merit-based.

Grants and scholarships can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Do your research, apply for any grants or scholarships you might be eligible for, and be sure to meet application deadlines!

Certain scenarios may require that a portion or all of the grant funds be repaid, for example, if you withdraw from school before finishing an enrollment period such as a semester.

Haley Roth · Answer 2

Grants and scholarships are often called "gift aid" because they are free money-financial aid that doesn’t have to be repaid. Grants are often need-based, while scholarships are usually merit-based. Grants and scholarships can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Do your research, apply for any grants or scholarships you might be eligible for, and be sure to meet application deadlines! Certain scenarios may require that a portion or all of the grant funds be repaid, for example, if you withdraw from school before finishing an enrollment period such as a semester.