difference between scholarships grants loans
Grants and scholarships are free money to help pay for college or career school. Grants and Scholarships. Grants and scholarships are often called âgift aidâ because they are free moneyâfinancial aid that doesnât have to be repaid. Grants are often need-based, while scholarships are usually merit-based. Grants and scholarships can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Do your research, apply for any grants or scholarships you might be eligible for, and be sure to meet application deadlines!