which statement best explains a scholarship?\na scholarship is federal money awarded to a student.\na…

which statement best explains a scholarship?\na scholarship is federal money awarded to a student.\na scholarship is aid given to a student by an institution.\na scholarship is money borrowed to pay for an education.\na scholarship is the price of attending classes at a school.
Answer
Brief Explanations:
A scholarship is financial aid given by an institution (which can be a school, foundation etc.) to a student. It's not federal - money exclusive, not a loan (borrowed money), and not the price of attending classes (tuition).
Answer:
A scholarship is aid given to a student by an institution.