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Which part of a financial-aid package needs to be repaid?Group of answer choicesfederally guaranteed loanswork-study programsPell grantsAll of these choices

Question

Which part of a financial-aid package needs to be repaid?

  • Group of answer choices
    • federally guaranteed loans
    • work-study programs
    • Pell grants
    • All of these choices
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Solution

To determine which part of a financial-aid package needs to be repaid, we can analyze each option provided.

  1. Federally Guaranteed Loans: These are loans provided to students that must be repaid after graduation. They generally have lower interest rates and favorable terms compared to private loans.

  2. Work-Study Programs: This is a financial aid program that allows students to work part-time while attending school to help pay for educational expenses. Since this is earned income, it does not need to be repaid.

  3. Pell Grants: Pell Grants are a form of need-based financial aid awarded to low-income undergraduate students. Unlike loans, they do not need to be repaid, provided the student meets the academic requirements.

  4. All of These Choices: This option suggests that every choice given requires repayment.

Conclusion

Only federally guaranteed loans from the options listed need to be repaid. Therefore, the correct answer is federally guaranteed loans.

This problem has been solved

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