QuestionJune 12, 2025

What is the advantage of a Pell Grant over a student loan? A. Interest begins 6 months after graduation. B. You only pay interest on it when you graduate. C. The interest rate charged is very low. D. It doesn't have to be repaid.

What is the advantage of a Pell Grant over a student loan? A. Interest begins 6 months after graduation. B. You only pay interest on it when you graduate. C. The interest rate charged is very low. D. It doesn't have to be repaid.
What is the advantage of a Pell Grant over a student loan?
A. Interest begins 6 months after graduation.
B. You only pay interest on it when you graduate.
C. The interest rate charged is very low.
D. It doesn't have to be repaid.

Solution
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Answer

D. It doesn't have to be repaid. Explanation 1. Identify Pell Grant Characteristics Pell Grants are a form of financial aid that does not require repayment. 2. Compare with Student Loan Features Student loans typically require repayment with interest, unlike Pell Grants.

Explanation

1. Identify Pell Grant Characteristics<br /> Pell Grants are a form of financial aid that does not require repayment.<br /><br />2. Compare with Student Loan Features<br /> Student loans typically require repayment with interest, unlike Pell Grants.
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