What is the difference between scholarships and grants?


#1

Are scholarships given in cash


#2

Scholarships are usually given from non-government organizations and don’t have to be paid back. They can be merit-based or competition-based.

Grants are usually given from government or educational organizations and don’t have to be paid back. You can get grants through colleges and universities as well as the government.


#3

Generally speaking, scholarships, in most instances, are merit based and grants are need based.

Merit based scholarships can include a variety of assessment criteria including grade point average.

Grants usually exclude grade point average and focus on the financial need, as defined by the grant authority, of the applicant.