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Are scholarships and grants really free money?
Yes. While you have to meet certain requirements to receive scholarships and grants, you do not have to pay them back. Literally thousands of scholarships and grants are available to college students.Back to top
What’s the Difference?
Scholarships are usually merit-based aid, while grants are usually need-based.
- Merit-based scholarships are awarded based on particular talents or achievements. Merit-based aid might be given for academics, sports, arts or leadership, for instance.
- Eligibility for need-based grants is determined by your family’s ability to pay for college, with income being one important factor. Other factors might include number of people in your family and number of family members in college.
Where do they come from?
Scholarships and grants can come from government sources or from private sources (such as colleges and universities, nonprofit foundations and religious or service organizations). Note: Reputable organizations will not charge fees for scholarship searches.Back to top
Where do I start?
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