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Which statement best explains a scholarship?

In this blog we are going to tell you about Which statement best explains a scholarship, so read this blog carefully to get the complete information.

  1. A scholarship is federal money awarded to a student.
  2. A scholarship is aid given to a student by an institution.
  3. A scholarship is money borrowed to pay for an education.
  4. A scholarship is the price of attending classes at a school.

Answer: (1.) A scholarship is aid given to a student by an institution.

Answer Explanation:

Here the statement- “A scholarship is aid given to a student by an institution” best explains the term scholarship. In general, a scholarship is a financial help which is provided by an institution to its student so that it can help in the academics of the student. This financial help is a way to help students and encourage them in their further studies and research. Usually, financial aid and awards are provided to the student as a reward who qualify the prescribed criteria. It is an encouraging step which is taken by the institution or government so that it can help students engage more in academic fields. In addition to this, there are two ways by which scholarships are provided to students by the institution that are monetary awards and waving off.

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The final words

The scholarship is a great help to empower students in their academic and career goals by removing the financial barrier. As this help is given to students by the institution so that the students do not have to be concerned about financial problems and they can better focus on their studies to improve their grades. We hope that you got your answer and understood the term scholarship along with understanding why this statement best explains the term scholarship.

Conclusion

We Hope this blog is sufficient enough to provide the information about Which statement best explains a scholarship. Thanks for reading this blog.