What is a grant?

• an amount of money given to somebody by an organization to help pay for their education
• a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
• a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid
• a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose

A grant is a quantity of money or financial assistance given by a government, organization, or person for a specific purpose. It is not expected to be paid back, unlike a loan. Grants can be given for various purposes, such as funding education, supporting research projects, or promoting community development initiatives.