A. A grant is federal money awarded to a student.
B. A grant is aid given to a student by an institution.
C. A grant is money borrowed by a student to pay for an education.
D. A grant is the price of attending classes at a school.
The correct answer is B. Grants are sums of money given to students that they do not need to pay back. A is incorrect because it's not always federal money (the government isn't always the one giving out grants). C is incorrect because the money isn't being borrowed. D is incorrect because "tuition" is the price of attending classes.
