What Differs Between Scholarships and Grants? Although they differ in several respects, grants and scholarships are both non-repayable forms of financial aid.
Scholarships are frequently awarded on the basis of merit or other criteria, like academic success, athletic skill, or artistic talent. Scholarships are offered by a wide range of institutions, including colleges and universities, private companies, and governmental organizations. Since scholarship applications are frequently competitive, they could also need to include essays, transcripts, letters of recommendation, or other supporting materials.
Grants, on the other hand, are frequently awarded based on financial need. Grants are frequently meant for certain student demographics, such as low-income students, students from underrepresented groups, or students pursuing a particular field of study, even if they may come from many of the same sources as scholarships. Grants may also be offered to students who are having particular problems, such as those with disabilities or those who are the first in their family to enroll in college.
Difference Between Grants And Scholarships
| Grants | Scholarships |
| most often given to those in need | often given based on merit or another criterion, such as academic accomplishment or athletic prowess. |
| may originate from a number of places, including universities, groups, and governmental entities. | may originate from a number of places, including universities, groups, and governmental entities |
| Often directed towards certain student populations, such as low-income or disabled students, | Applications are often very competitive, and some may require the submission of essays, transcripts, letters of reference, or other documents. |
| The most often provided to those in need, such as the first member of the family to enroll in college, may also be given depending on special circumstances. | Perhaps geared towards certain student populations, such as those studying particular areas of study |
| Do not need to be repaid | Do not need to be repaid |
