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What is the real difference between Scholarship and Grant?

Author Sally Croft Date November 7th, 2008 Comments 10 Comments

Scholarships and Grants both are free money given to students to fund their education. Following issues bring forth the difference in them.

S. No. Scholarship Grant
1 Scholarships are provided by organizations not necessarily non profit organizations A Grant is a financial aid provided by non-profit organizations.
2 A Grant is a financial aid provided by non-profit organizations. Grants are generally tax exempt
3 A student is required to fulfill certain requirements before and after the scholarship is granted, like maintaining a required GPA. Students are required to provide a details about the project for which grant money was awarded to them.
4 Scholarships are granted to those students who fulfill a specific academic performance, and should apply for the same in order to avail the benefits of scholarship. For receiving a grant the student/individual/organization is first required to apply to the donor along with the details of the project that requires funding.
5 Scholarships are not necessarily issued by government organizations. Sometimes, money is given out by government in the form of grants to correct financial imbalance that arise between taxation and spending.
6 Scholarships are specifically granted for gearing up college education. Grants are given under a variety of circumstances namely financial assistance to students, entrepreneurs, small business people, and victims of natural disaster.
7 While some scholarships are based on gender, others are based on the field of study the student is majoring in. Grants are generally issued for a cause.
8 After the scholarship is granted, the student is expected to maintain certain level of academic performance to qualify for the scholarship program. Individuals and organizations receiving grants are required to present a detailed report on the project for which the grant was issued in order to ensure proper utilization of funds given by way of grants.
Categories: Categories Scholarship

10 Responses to “What is the real difference between Scholarship and Grant?”

  1. john says:

    i’ll reed it againn

  2. Ex Back says:

    The topic is quite trendy in the net right now. What do you pay attention to when choosing what to write?

  3. If you ever want to read a reader’s feedback :) , I rate this article for 4/5. Decent info, but I have to go to that damn yahoo to find the missed parts. Thanks, anyway!

  4. seriously? says:

    I read all of these comments and I was seriously disgusted at what I read. I’m so glad these are the people I am competing against for a scholarship.

  5. breet hill says:

    Very nice information. Thanks for this.

  6. Mabel Hedge says:

    Whoa! I must have read hundreds of different topics on blogs over the years and rarely does one jump out to me. But yours did and that just goes to show me you are very talented as a writer and I appreciate talent. Thanks for sharing it.

  7. Al de Leon says:

    This is a unique way to share information about grants and scholarships. This is also a good way to spot the differences between the two. There are many articles that embark on different grants and scholarships available here and there, but there are some people who are not fully aware of the differences between the two. Good thing, this post manages to feature several differences. I just got confused with item number 2 under the Scholarship column as it says something about a grant. Nevertheless, I like this post because it provides readers with deeper understanding of both grant and scholarship. I know the purpose of the post is to open the minds of readers with regard to the real difference between grant and scholarship. However, I think it will be more helpful if it can also serve as a good grant or scholarship finder by also providing a list of some grants and scholarships.

  8. Sally Croft says:

    @ Al de Leon: Thanks for stopping by and leaving your comment. Scholarships & grants are interchangeable terms. Often they are misleading too, people often confused them for one another.

  9. I was visiting a bunch of sites to look for a good scholarship finder and I ended up reading and smiling at this post. This is a great post. It is short and simple yet very informative. I like the unique idea of differentiating scholarship from grant. Through this post, some vague scholarship and grant points are clarified. I think reading this post is one of the few essential steps that scholarship or grant seekers must take before proceeding to the actual step of finding the best scholarship or grant. Overall, I like this post. I find it nothing but useful.

  10. Agustina Wixted says:

    That is quite an interesting post, bookmarked and stumbled!

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