What is the difference between a scholarship and a grant?
(1 point)
Responses
A scholarship always has to be repaid, and a grant does not.
A scholarship always has to be repaid, and a grant does not.
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 never has to be repaid, and a grant always does.