What is the difference between a private and a public scholarship?(1 point) Responses A private scholarship does not need to be paid back, but a public scholarship requires payment back. A private scholarship does not need to be paid back, but a public scholarship requires payment back. Private scholarships are just another name for a private bank loan. Private scholarships are just another name for a private bank loan. Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded. Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded. Private scholarships are for private universities.

Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded.