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How are loans and grants different? Loans must be repaid, while grants are like gifts. Grants must be repaid, while loans are like gifts. By filling out the FAFSA, students can find out if they qualify for grants, but not loans. By filling out the FAFSA, students can find out if they qualify for loans, but not grants.

Respuesta :

Loans and grants are different because loans must be repaid, while grants are like gifts. A grant is money that is awarded or given to someone based on qualifications or chosen from applying for a grant. A grant is money that someone does not have to pay back after using it for its intended purposes. A loan is money that is being lended to you typically with interest and it has to be paid back to the lender.

Answer:

a. Loans must be repaid, while grants are like gifts.

Explanation:

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