Difference Between A Scholarship & A Grant
Posted by admin on August 25, 2009
There are several times that you will hear of people talking about scholarships and grants and you will wonder whether they are one and the same thing. Well, let us look at it and find out more about them.
Both, scholarships and grants let the student not pay for the tuition as they pick up the tabs for them. The similarity between a scholarship and a grant ends there.
Scholarships & Grants
Let us look at grants first. A grant is the money that is given by a non-profit organization such as the government. There are grants that are set up by corporations and foundations too. The grant is always given for specific projects or study and the donor needs to get a report about the progress of it. Grants are given for different things and the requirements and amounts disbursed vary greatly. Also, the expectations from grants will not be the same. The way grants work is that a student needs to send a proposal which in turn will be reviewed by the donor. Grants at times specify the circumstances such as victims of natural disasters, entrepreneurs and home run businesses. WAIT! There is more to read… read on »
