What is the difference between a scholarship and a grant?​​​​​​​ (1 point) Responses A scholarship never has to be repaid, and a grant always does. A scholarship never has to be repaid, and a grant always does. A scholarship accrues interest payments, and a grant does not. A scholarship accrues interest payments, and a grant does not. A scholarship is awarded based on merit, and a grant is awarded based on financial need. A scholarship is awarded based on merit, and a grant is awarded based on financial need. A scholarship always has to be repaid, and a grant does not.

A scholarship is awarded based on merit, and a grant is awarded based on financial need.