What type of aid is considered merit-based?Subsidized loansWork-studyGrantsUnsubsidized loansScholarships

Merit-based aid refers to financial assistance awarded to students based on their academic, artistic, athletic, or other specific accomplishments, rather than on financial need.

In this context, the option that is considered merit-based is Scholarships. Scholarships are typically awarded based on certain criteria, which can include academic performance (such as GPA or test scores), special talents, leadership qualities, or participation in certain extracurricular activities.

The other options, like subsidized loans, unsubsidized loans, grants, and work-study, are more focused on the financial needs of students rather than their individual merits or achievements. Subsidized and unsubsidized loans require repayment, while grants and work-study are often based on demonstrated financial need.

In summary, scholarships are the correct type of merit-based aid among the provided options.