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The biggest difference between a grant and a scholarship is that a scholarship has far more restrictions placed upon it than a grant. Both grants and scholarships are non-repayable, that is, unlike a loan you don’t have to pay them back the loan amount when you are done with your education, which basically means you’re getting free money. So if at all possible, try to get a grant or a scholarship. Scholarships are for specific academic or athletic categories, whereas grants are awarded primarily on financial need only.
Improving Your Chances
There are a few things you can do to improve your chances to become eligible for financial assistance. The first, and most important thing you can do is keep a high grade point average in school. Good grades not only might qualify you for a scholarship, but they also make your chances a lot better of being accepted to the university of your choice.
How Grants help you more
Of course, what if you’re not as smart as those students? If you don't have the money to spend how will you get into college? The government can provide money for college students who are in need of financial aid. This is called the Free Application for Federal Student Aid or FAFSA. This is a form of grant that will determine how much your family’s financial strength is. You can fill out a FAFSA form in your school or via the internet in the FAFSA website at - www.fafsa.ed.gov – Not only students who have financial difficulty should do this but everyone should do it. This will substantially decrease the amount you will spend to pay for college and can lessen the burden for your parents.
Have The Following Information Ready :
> Social Security Number
> Latest W-2 forms and other records of money earned.
> Federal Income Tax Return of your parents.
> Permanent Residence Card if a non US citizen.
> Drivers license
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