Actually, both words mean that money is given for a purpose. A grant can be awarded for the purpose of going to college, going on a writing retreat or receiving funding for research.
Hector Milla Editor of the "Free Scholarships And Grants" website -- http://www.FreeScholarshipsAndGrants.org/
“…The difference between the two is not a very wide gulf at all. There are federal scholarships and grants. You will find many federal scholarships listed as grants such as the Pell Grant. As with a scholarship, you’ll have to fill out a FAFSA to see if you qualify for the grant…”
A scholarship simply means the recipient is receiving financial aid. So in essence, both are money given to an applicant who qualifies to receive the funds.
The upside of both scholarships and grants is that they are not student loans. That means you won’t be paying for them for years down the road even after all your schooling is completed.
“…Many students do not take the time to think about how they pay for college could affect them financially. If you can avoid a student loan, then do so. Make that the very last option you try for because if you are not careful, those can run you thousands of dollars into debt…” added H. Milla.
Further information about trusted and reputable sources for government grants by visiting; http://www.FreeScholarshipsAndGrants.org/
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