Elena is in her first year of college, living away from home on the college’s campus. her parents pay room and board, and she’s got loans, grants, and scholarship paying for tuition. she has her own checking and savings accounts and a 10-hour per week work study job. she doesn’t have any credit cards right now.

Respuesta :

Elena I say is living her dream and when she has a job, she can pay pack any loan that she has taken.

How is a student loan different from a scholarship?

A student loan  is known to be a type of loan that is taken by a student and it is one that must be paid back.

Note that a scholarship is a type of fund that is given to student and it is not one that needs to be paid back and as such Elena should make good use of what she has and come out with good grades in her studies.

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