To provide financial assistance to students in need.

To cover the cost of tuition and fees.

To help students pay for living expenses.

To support research and development.

Grants, scholarships, loans, and work-study.

Grants and scholarships only.

Loans and work-study only.

Scholarships and work-study only.

Students who demonstrate financial need.

Students who have good academic standing.

Students who are enrolled in a degree-granting program.

All of the above.

Directly to the student.

To the student's school.

To the student's lender.

Any of the above.

Grants are based on financial need, while scholarships are based on merit.

Grants are awarded to undergraduate students, while scholarships are awarded to graduate students.

Grants do not have to be repaid, while scholarships do.

Grants are taxable, while scholarships are not.

Loans must be repaid, while work-study does not.

Loans are awarded to undergraduate students, while work-study is awarded to graduate students.

Loans have a fixed interest rate, while work-study does not.

Loans are taxable, while work-study is not.

The student's credit score will be damaged.

The student may be sued by the lender.

The student's wages may be garnished.

All of the above.

It can help students pay for the cost of college.

It can help students graduate with less debt.

It can help students focus on their studies.

All of the above.

The application process can be complex and time-consuming.

Students may have to take on debt to cover the cost of college.

Students may have to work while attending school.

All of the above.

Create a budget and stick to it.

Avoid unnecessary expenses.

Look for ways to save money.

All of the above.

Financial aid counselors.

Online resources.

Peer mentors.

All of the above.

It can help to boost the economy by increasing consumer spending.

It can help to reduce income inequality by making college more affordable.

It can help to promote economic growth by increasing the number of skilled workers.

All of the above.

The rising cost of college.

The increasing number of students who need financial aid.

The limited amount of financial aid funds available.

All of the above.

Increasing the amount of financial aid funds available.

Making college more affordable.

Reforming the financial aid system.

All of the above.