What are the three types of financial assistance provided by AER?

The answer is centered around the three types of financial assistance specifically provided by the Army Emergency Relief (AER). AER focuses on offering support in times of need through financial aid that is structured to help service members and their dependents.

The combination of loans and grants serves to address different financial situations. Loans are typically expected to be repaid and can be used for various needs, such as paying for emergency expenses or other pressing financial obligations. Grants, on the other hand, do not require repayment and are offered for situations where the recipient cannot reasonably repay the funds, like covering emergency travel or basic living expenses during a time of crisis.

The loan/grant combination further broadens the flexibility in assistance options, enabling AER to cater specifically to the needs of individuals. This means a person might receive a loan for one part of their financial need while also receiving a grant to assist with another, thus effectively managing the financial burden on them.

The other choices do not accurately reflect the financial assistance structures provided by AER. For instance, the second choice oversimplifies the aid options by suggesting cash advances and installment payments, which do not represent AER’s methods. The first option includes scholarships, which are not part of AER’s offerings,