• By Arya Admin
• In Student Blog,
• Posted July 06, 2019

What is the difference between scholarships and grants?

Pay for your B Tech degree with educational funds

People often wonder about the difference between scholarships and grants. Both financial aids help to pay for the necessities associated with higher education like tuition, room, board, and textbooks. Students of B Tech Colleges sometimes feel confusing with the terms or use them interchangeably. Each one of them has its own eligibility requirements and guidelines. Both of them should repay, unlike college loans. Undermentioned are various characteristics of grants and scholarships.

Definitions

Scholarships and Grants are different things but are highly confusing. Scholarships are based on merits. They are given to the prospective students of Top Engineering Colleges in Rajasthan based on the desired qualities. It includes academic achievement, athletic ability, and involvement in a certain extra-curricular activity. It is also based on particular traits like group affiliation or ancestral background.

Grants are based on the needs of the students of Best Engineering Colleges in Rajasthan. They are available to them based on criteria such as family income. Both federal and state governments are the primary sources of grants.

Both of them have some sort of requirements that helps to continue receiving funds like maintaining a certain GPA. It is significant for the recipients to understand these requirements in order to find themselves without expected aid.

Sources of funds

There is a number of funding sources which awards scholarships. These can include businesses, individuals, religious groups, community organizations, alumni or college departments. While grants come from the state or federal financial aid provided by the Top 10 engineering colleges in Jaipur.

Eligibility

Students of B Tech College in Jaipur are eligible for both grants and scholarships as long as they have applied or enrolled in an accredited college, university or other institution of higher education. In order to receive state or federal grants, applicants must be U.S. citizens. Scholarships took by undergraduate students. After reaching the graduate level, private financial aid comes in the form of fellowships. However, grants can award to those pursuing either undergraduate or graduate degrees.

Merit

Based on the merits of academic or extra-curricular, scholarships are awarded to the students of engineering colleges in Jaipur. They require an application defining the feeling that he/she deserves an award. Grants often take financial need into account and determine the benefits of receiving funding aid. Federally-funded grant recipients must fill out the FAFSA, Free Application for Federal Student Aid so that they can determine eligibility. These grants are not based on any skill or achievement.

Conclusion

There are various numbers of differences between grants and scholarships. You must do your research and submit all the required paperwork properly. It helps to increase your chances of getting awards through funds. There are a variety of grants and scholarships to be had, and most students are eligible for at least partial aid in some form.

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