The Difference between Scholarships and Grants

Have you thought about the scholarship and grant process? Have you wondered if you (or your son/daughter) have the right grades, talents, skills, etc. to win a scholarship or be awarded a grant? First, you need to know the difference. The linked article provides some basic insight. You may also ask when is the best time to start the scholarship and grant process? That may be better left to another post, but it’s not too early to be thinking about the process when a student is in the 7th or 8th grade. Yes, that seems early, but it’s not. If you’re in 11th or 12th grade, it could be too late. 
Read the information in the linked article. And while our blog IS NOT set up to promote or endorse products or services – we’ll guide you to a site called scholaredge.com. We’ve met Jason Lum and heard his story. He will tell you about pursuing scholarships and grants no one else might consider. His is a remarkable story. But he doesn’t have any “opening advice” on his site as his content is packaged for sale. So if you are serious about scholarships and grants, follow the path to people who can advise you with unique and non-traditional information. Beware of those who tell you to “buy a book of scholarships” because if they claim it’s a best seller, you’ll be competing for a scholarship with thousands of people. 

But your journey starts with a basic understanding! 

While both scholarships and grants allow students to pay for their tuition without having to pay the money back, there are a number of key differences between the two. Knowing the difference between grants and scholarship will make it much easier for students to fund their education. To best define the differences, I want to define both grants and scholarships separately.

A grant is money that is given by a non-profit organization that will generally be…

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