What is the difference between a private and a public scholarship?(1 point) Responses Private scholarships are just another name for a private bank loan. Private scholarships are just another name for a private bank loan. 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 for private universities. Private scholarships are for private universities. Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded.
Private scholarships are awarded by organizations, individuals, or schools, while public scholarships are typically awarded by government entities. Neither private nor public scholarships generally need to be paid back, as they are not loans but rather gifts to support a student's education.
