What is Student loans?

• A. Scholarships for living expenses
• B. Loans for business startup
• C. Money borrowed to pay for education
• D. Grants for traveling

Answer: (C)

Student loans are money borrowed to pay for education. They’re a form of financial aid that covers the costs of attending school, such as tuition and books (and sometimes living expenses), and they must be repaid after graduation, usually with interest. This makes the statement about loans specifically about funds borrowed to support education, which is why it’s the best choice.

Other options describe funds that don’t require repayment or serve different purposes: scholarships provide money for living expenses that does not need repayment; loans for a business startup are meant for starting or growing a business, not schooling; and grants for traveling are awards for travel costs rather than loans for education.