Answer:
Financial; ethnicity; eligible; free.
Explanation:
Federal student loans can be defined as a form of financial aid given to college or university students with varying financial means, so as to enable them gain access to higher education.
In the United States of America, the U.S Department of Education is saddled with the responsibility of administering the federal student loans.
In this scenario, Alice is a Chinese-American student. She needs student financial aid to her college education. Due to her origins, she could get an ethnicity-based scholarship. She could also apply for other kinds of scholarships for which she is eligible.
Although Alice could get a loan, she should really try getting a scholarship because money received as a scholarship is essentially free money.
