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The difference between grants and scholarships is as follows:
C. Scholarships are typically based on merit, whereas grants are typically awarded based on financial need.
- Scholarships are often awarded to students who demonstrate academic excellence, special talents, or achievements in a particular field. They are merit-based and do not depend on financial need.
- On the other hand, grants are usually given to students based on their financial circumstances. They aim to provide financial assistance to those who require support to pursue their education, regardless of their academic performance.
This distinction highlights that scholarships reward merit and achievements, while grants provide financial aid based on the student's financial situation.