12. Which statement is NOT true? A. Families can save money to pay some of the cost of attending college. Any amount saved helps you limit the amount of money that has to be repaid after graduating. B. Students with the most financial needs can qualify for grants such as a Pell Grant. Grants do not have to be repaid. C. Scholarships are awarded to students based on various achievements. Many local organizations offer scholarships to local graduates. Scholarships do not have to be repaid. D. Loans are financial aid for students who qualify. Most students can get a loan. Loans do not have to be repaid.
12. Which statement is NOT true? A. Families can save money to pay some of the cost of attending college. Any amount saved helps you limit the amount of money that has to be repaid after graduating. B. Students with the most financial needs can qualify for grants such as a Pell Grant. Grants do not have to be repaid. C. Scholarships are awarded to students based on various achievements. Many local organizations offer scholarships to local graduates. Scholarships do not have to be repaid. D. Loans are financial aid for students who qualify. Most students can get a loan. Loans do not have to be repaid.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
which statement is not true
![12. Which statement is NOT true?
A. Families can save money to pay some of the cost of attending college. Any amount
saved helps you limit the amount of money that has to be repaid after graduating.
B. Students with the most financial needs can qualify for grants such as a Pell Grant.
Grants do not have to be repaid.
C. Scholarships are awarded to students based on various achievements. Many local
organizations offer scholarships to local graduates. Scholarships do not have to be
repaid.
D. Loans are financial aid for students who qualify. Most students can get a loan. Loans
do not have to be repaid.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6cd94f1-4ae2-40ae-baf2-eccecc25000b%2F65066927-9a4f-4da3-a81d-133ebbfc2381%2Fd0jbsif_processed.png&w=3840&q=75)
Transcribed Image Text:12. Which statement is NOT true?
A. Families can save money to pay some of the cost of attending college. Any amount
saved helps you limit the amount of money that has to be repaid after graduating.
B. Students with the most financial needs can qualify for grants such as a Pell Grant.
Grants do not have to be repaid.
C. Scholarships are awarded to students based on various achievements. Many local
organizations offer scholarships to local graduates. Scholarships do not have to be
repaid.
D. Loans are financial aid for students who qualify. Most students can get a loan. Loans
do not have to be repaid.
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