Explain how grants are different from scholarships.

Question: Explain how grants are different from scholarships.

Grants and scholarships both provide financial assistance for education, but they have key differences. Grants are typically need-based and awarded based on the financial situation of the applicant. They are often funded by governments, institutions, or organizations and do not require repayment. Scholarships, on the other hand, are usually merit-based and awarded based on academic achievement, athletic ability, artistic talent, or other criteria. Scholarships can come from various sources, including schools, private organizations, and community groups. While both grants and scholarships help reduce the cost of education, the primary distinction lies in their eligibility criteria and the reasons for which they are awarded.

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