Your scanner will always scan your film with a Red channel, a Blue channel, a Green channel and possibly an IR channel, all to 16 bit precision regardless of settings. When scanning a b&w neg, the Red, Blue and Green channels will be very similar since you were scanning something with no color in it. All scanners just work this way.
The scanner will then either merge these channels into gray if it has that ability and is directed by the driver or it will send these 3 or 4 channels of data back up through the USB cable to the scan driver (Vuescan) resident in your CPU(s). Vuescan can then manipulate these 3 or 4 channels of similar data and save them as 64bit RGBI (16 bits red, 16 bits blue, 16 bits green and maybe 16 bits IR, total 64 bits). Or, Vuescan can average the Red, Green and Blue channels (remember they are very similar) with emphasis on the green and create one 16 bit grayscale file. This much smaller file saves and loads faster but has essentially the same true data.
I always save scans of b&w film as 16 bit grayscale files.