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Old 04-21-2012, 12:50 PM   #1
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Default Difference Between Grants & Scholarships

The difference between Grants and scholarship - Usually the funding source, where the money is coming from.

Grants and Scholarships are usually and for the most part FREE, sometime there maybe a disclaimer that one needs to participate in - giving your talents or service and if you don't , then you will have to repay back the money, and/or be disqualified.


Grants Are :
  • Usually Grants come from the government, non-profit organizations and are based on ones financial needs.
  • Grant could come from Federal government, State Government, or some colleges have, what are called institutional grants for attending their school.
  • Eligibility is based on assets and income of the student and/or family. Some have post or pre requirements like giving some much time for free in your field of study.

Examples Are : Community Service

Scholarships Are:

  • Deviser from Donations, Endowments and can also be, at times, supplied by the Government.
  • Usually based on skill set merit based qualification, for example, accomplishment from ones past. Some scholarships can be a mixture of both, need and merit].

Examples Are :
Field of study, scholastic achievement, artistic, athletic, and the list goes on

Both Require:
Maintaining a required GPA.
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Old 04-23-2012, 09:02 AM   #2
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Default Re: Difference Between Grants & Scholars

Ahhh! Found it! Mind has been too busy....
Trying to decide if I want to go further in my education. Its so hard to balance kids and school. But you know that!
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