Comparison Guide: College Grants vs. Scholarships. Need vs. Merit

For university students and their loved ones, the top economic real question is simple tips to pay money for university. Funds and scholarships might be the main response, precisely what exactly may be the difference between them?

Both funds and scholarships offer free cash, often referred to as “gift help. ” The money helps pupils protect educational expenses with no expectation or requirement that it’ll be reimbursed.

The words grant and scholarship are sometimes used interchangeably because of this commonality. You will find, in reality, some differences that are key. Here’s an evaluation guide to assist you to navigate the possible resources.

Need vs. Merit

Many grant honors are linked with a student’s need that is financial.

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