Match the scenarios with terms related to financial aid.

Pell grant

student loan

merit-based scholarship

Richard is one of the leading college basketball players in the state of Florida. He also maintains a good academic record. Looking at his talent and potential, Furman University offers to bear the expenses for his college education.

Anita wants to pursue a certificate program in Sports Nutrition. To pay for the course, she borrows money by filing the FAFSA.

Nathan comes from a low-income household. He wants to pursue an undergraduate degree in Marketing. He receives financial aid covering 50 percent of his college expenses. Nathan does not have to pay back this amount.

Question

19-02-2019
Mathematics

contestada

Match the scenarios with terms related to financial aid.

Pell grant

student loan

merit-based scholarship

Richard is one of the leading college basketball players in the state of Florida. He also maintains a good academic record. Looking at his talent and potential, Furman University offers to bear the expenses for his college education.

Anita wants to pursue a certificate program in Sports Nutrition. To pay for the course, she borrows money by filing the FAFSA.

Nathan comes from a low-income household. He wants to pursue an undergraduate degree in Marketing. He receives financial aid covering 50 percent of his college expenses. Nathan does not have to pay back this amount.

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chisnau chisnau · Answer 1 · 2019-04-16T14:52:17+02:00

A Pell Grant is a type of money which is provided to students by the government to pay for college. These grants do not have to be repaid. Hence, the third case (Nathan) is a pell grant.

Student loan is a loan that students take for higher education. This loan pays for their college/tuition fee, books etc. This loan has to be repaid in a few years time. Hence, the second case (Anita) is student loan.

Merit-based scholarship is awarded to outstanding students in fields of academics, sports, artistry etc. Hence, the first case (Richard) is a merit based scholarship.

anthougo anthougo · Answer 2 · 2022-06-07T17:49:47+02:00

Matching the scenarios with terms related to financial aid is as follows:

Terms Scenarios

Pell grant Nathan, who receives 50% financial aid

based on his low-income background, does

not have to pay back.

Student loan Anita's filling the FAFSA to pursue a Sports

Nutrition course for later loan repayment.

Merit-based scholarship Richard's college education expenses were

borne by Furman University based on his

good academic record and as a leading

college basketball player in Florida.

What is financial aid?

For instance, the Pell Grant is an unrepayable grant provided to students by the government to pay for college.

A student loan is taken for higher education and repayment thereafter.

The merit-based scholarship is awarded to outstanding students for their academics, sports, or artistry excellence.

Thus, the scenarios have been matched with terms related to financial aid.

Learn more about financial aid at https://brainly.com/question/835751

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