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Which of the Following Statements Is True

question 65

Multiple Choice

Which of the following statements is true?


Definitions:

Financial Need

The gap between the cost of attending a school and the family's ability to pay, often considered in financial aid decisions.

Merit Scholarships

Financial awards for students based on their academic achievements, talents, or other abilities, rather than financial need.

Financial Need

The difference between the cost of attending a school and the family's ability to pay, often considered for determining financial aid eligibility.

Scholarship

Financial support awarded to a student based on academic achievement or other criteria to help pay for education expenses.

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