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What is a difference between a grant and a scholarship?A.A grant only covers education expenses.B.A grant is need based, while a scholarship is based on merit.C.A grant does not need to be paid back.D.A grant needs to be repaid, while a scholarship does not.SUBMITarrow_backPREVIOUS

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What is a difference between a grant and a scholarship?A.A grant only covers education expenses.B.A grant is need based, while a scholarship is based on merit.C.A grant does not need to be paid back.D.A grant needs to be repaid, while a scholarship does not.SUBMITarrow_backPREVIOUS

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Solution

The main difference between a grant and a scholarship is that a grant is typically need-based, meaning it is given out based on financial need. On the other hand, a scholarship is usually merit-based and is awarded to students who meet certain academic, athletic, or artistic criteria. Both grants and scholarships do not need to be repaid, unlike loans.

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