Scholarships are usually based on a student’s academic, sports, and social achievement (grades, test scores, community service, talent, leadership, etc.), and may also be called Merit Awards. Grants are based on the financial need of a student. Both Scholarships and Grants are “free money”, that is, you do not pay it back after you spend it. Scholarships are less predictable than grants since they are based on a subjective evaluation process, while grants are based on financial need formulas at each college in the country.
EPR will show you how to position yourself for the most grant money.