The PROFILE is used to award:A.nonfederal student aid funds.B.tuition and fee waivers.C.loan forbearances.D.college scholarships based on merit.
Question
The PROFILE is used to award:A.nonfederal student aid funds.B.tuition and fee waivers.C.loan forbearances.D.college scholarships based on merit.
Solution
The PROFILE is used to award college scholarships based on merit. This is a financial aid application service of the College Board, a national nonprofit association in the United States. The PROFILE is used by many private colleges and universities to award non-federal student aid funds. It can also be used by some institutions to award tuition and fee waivers. However, it is not typically used to award loan forbearances.
Similar Questions
The best way for a student from a low-income background to secure funding for college is to receive _____.A.merit-based aidB.need-based aidC.athletic scholarshipsD.federal loans
_____ are a type of financial aid that must be paid back.A.LoansB.State grantsC.Federal grantsD.ScholarshipsSUBMITarrow_backPREVIOUS
Which best describes a scholarship?A.A financial award that is available to allB.A financial award that does not need to be paid backC.A financial award provided by the federal governmentD.A financial loan that does not need to be paid back
What type of aid is considered merit-based?Subsidized loansWork-studyGrantsUnsubsidized loansScholarships
f awarded, how do you plan to utilize the scholarship money
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