They are both non -repayable types and given by an institution or government. It is offered in general to all students who can pass the selection criteria of the grants.īoth grants and scholarships are types of gift aids. It even has full-tuition and partial-tuition fee types.īut grants usually do not have this many types. Scholarships can even be made for specific courses like sports, medical, technology, science, etc. Scholarships can be divided into different categories by education level, courses of studies, different nationalities, etc. Grants need a particular cut-off for GPA to cross the basic eligibility criteria, but after that, it is given based on one's financial need for a grant. Scholarships are often given based on merit and academic excellence or talent after judging a person thoroughly by doing a written test and several interviews. Scholarships are usually harder to get than a grant. You can spend this money as you want as long as you are fulfilling the goal for which you took it up. The monthly allowance or stipend part is for your spending as you want to, whereas grants are mostly given to you in cash forms or transferred to your bank account. They don't pay you in cash but finance your expenses and fees. Scholarships given by an institution or a government can only be used in your studies. The central or state government mainly offers student grants to the applicant's school or colleges from where the applicant may collect the fund.Įligibility criteria for grants and scholarshipsĪny graduate, post-graduate, or research student with the cut-off marks needed for the scholarship can apply for a scholarship.īut the student grants are only given to the research students with a high-quality proposal for their research and good professors' good recommendations. Scholarships are mainly funded by a government directly or institutions like universities, colleges, or some private bodies. The applicants are mainly student by their proposal and their need for the grant to fulfill that proposal.īut scholarships are often offered to people based on their merits, talents, or capabilities to do better in the future. Grants are often given based on a person’s need. Only students of these courses can apply for them.īut grants can be requested by anyone as long as he/she has valid, convincing proposals in their hands that need monetary supports. Following are a few points that separate the grant from a scholarship.Ī scholarship is particularly made to help financially struggling students of graduate, post-graduate, or doctoral courses. Though both schemes' main intention is to help financially struggling persons, the context of the two schemes is very different from each other. This amount cannot be requested by a proposal but earned by one's capability and plans. Scholarships are a particular amount paid by a government, institution, or corporate body to help a student financially in his/her higher studies. It is based on a 'grant report' that needs to be submitted as a request or proposal for grants. Grants are some type of non-repayable funds given by either a government or an institution, some foundation, or a corporation. Without understanding the basic concept of grant and scholarship, it is nearly impossible to determine the differences as the main thing lies in their definitions. In this article, we have discussed a few such points based on which a grant and scholarship can be easily differentiated.īefore moving onto the main topic, it is very important to understand what grant and scholarship mean. Both of them were made to financially help the applicant, but the process is quite different from each other. But the main problem in applying for a scholarship is that we don't understand which one we should go for, which will be more beneficial. The only option available to us is to apply for a scholarship or grant. Going to higher study can be very costly, even more so in the case of foreign universities. Differences Between Grants And Scholarships: Everything You Need To Know