The loan or loans listed below are awarded based on the financial need of the student are the Perkins loan and subsidized Stafford loan. Option B. This is further explained below.
What is loan?
Generally, a loan is simply defined as a borrowed object, especially a quantity of money that is anticipated to be repaid with interest.
In conclusion, The Perkins loan and subsidized Stafford loan are two loans that are provided depending on the student's financial need.
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