What is a form of non-need-based aid?Unsubsidized loansGrantsScholarshipsFAFSASubsidized loans

Understanding Non-Need-Based Aid

Non-need-based aid is financial assistance that does not depend on the financial situation of the student or their family. It is often awarded based on merit, academic achievement, or other criteria rather than economic need.

1. Unsubsidized Loans: These are federal loans where the borrower is responsible for paying the interest during all periods. They are offered to students regardless of their financial need.

2. Grants: Generally, grants are need-based but can sometimes include merit-based options as well. Thus, they are not typically categorized as non-need-based aid.

3. Scholarships: Many scholarships are awarded based on academic performance, athletic ability, or other talents and are considered non-need-based aid.

4. FAFSA: The Free Application for Federal Student Aid (FAFSA) itself is not a form of aid but rather an application used to determine eligibility for various types of financial aid including need-based and non-need-based.

5. Subsidized Loans: These loans are based on financial need; thus, they do not qualify as non-need-based aid.

Conclusion

Among the options provided, Unsubsidized Loans and Scholarships are forms of non-need-based aid. However, Unsubsidized Loans are the most direct example as they are solely based on the student's ability to borrow rather than their financial situation.