You are looking for ways to pay for your higher education costs. Which of the following options will require you to pay back any money you receive? AGrants B529 plans CFederal student loans DScholarships
The answer is C. A loan is basically borrowing money. A scholarship is something you can receive based on merit, skill or personality. It’s basically free money. A 582 plan is a saving (I think). And a grant is like a money gift.