answersLogoWhite

0


Best Answer
AnswerGrant is a money that you have to apply for and it is given to you without paying anything back. Loans are money that you take from a bank and have to repay it back in a certain amount of time. Loans normally add interest, so u have to pay back a certain amount plus interest. In a college education you have to apply for grants and they are given to you normally by seeing your grades and extra efforts on college. The loans for students are normally a bit different than the others, because some companies have special offers of loans to students.
User Avatar

Wiki User

โˆ™ 2011-01-11 19:22:53
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between grant money and loan money when used for a college education?
Write your answer...
Submit
Related questions

What is the difference between an ordinary grant and a tied grant?

The difference between a tied grant and an ordinary grant is that a tied grant has conditions and the ordinary grants don't!


Where to find a college grant for online education?

You can find a college grant for online education at grants.gov. Here, people may find and apply for federal grants including college grants to help with there online education. http://www.grants.gov/


Are there any grants for education for new college students?

There are different kinds of college grants and there is a grant for education for new college student. You could check Federal Pell Grant, it is great for undergraduate students.


What is the difference between a categorical grant and a project grant?

A categorical grant is given to a state as federal aid. This type of grant can be used for education supplied by the state. A project grant is a federal grant that is awarded to a state that meets the criteria for issues such as, mental health.


Where can I go to get a government grant?

If you are in college or looking for a grant for college, go to your school's financial aid department. They can be very helpful in procuring government grants for education.


What is the different between a college scholarship and a college grant?

A college scholarship is given to you by the university or college that you will be attending. A grant is given to you by the government. Neither have to be paid back.


What is the difference between grant and grant?

What is the difference between grant and grant? Well first of all the one way to say grant is like granting a wish. The other grant is like a last name or something. Like for instance my friend's name is Damontre Grant. He likes to run track and play b-ball. He is in the ______ grade and goes to _______ Flake Middle School. He loves to have fun with his friends. Well that is the difference between grant and grant!!!


How can i get a grant to get books for education?

How can I get a grant to get books for education?


Are there scholarships for college students whom wish to continue their education?

While there are options for nontraditional college students, scholarships for continuing education are not as plenty as they are for traditional college students. There are special grants for women who are returning to school, including the federal Pell Grant and the Federal Supplemental Educational Opportunity Grant program.


What exactly is a student education grant?

It is a grant to pay for some of your college loans. You may ask/contact your a local teacher or any college you may plan to join for more information about your interest of grants.


grant for college for adult with adhd?

grant for college for student with adhd college grant for student with disabilities


Is there a grant for higher education ?

Is there a grant for higher education for an elder person?


Is possible to get grant money?

If your refering to grant money for schooling and education, then yes it is possible to receive grant money from the Federal government and the college and university. One example of a federal grant being the CAL grant A which is award to students in need.


Are there any government grant for single mothers?

There are several types of education grants for single mothers. There is the Teacher Education Assistance for College and Higher Education Grant (TEACH Grant), Academic Competitiveness Grant, Federal Supplemental Educational Opportunity Grant, Mother's Day Scholarship, to name a few. Contact your financial assistance office at the school you wish to enroll in, and one of their counselors can help you determine if you qualify for these grants.


What are the Morrill Land-Grant Acts?

An impact on higher education that allowed college and land grants for settlers.


What has the author Eric Grant written?

Eric Grant has written: 'Peregrinations' 'The Tech comes of age' -- subject(s): Salisbury & South Wilts College of Further Education


can I get free grant for college tution?

“can I get free grant for college tution?”


I'm already in college how do I get a free grant?

How do i get free college grant to help pay for college


What scholarships or grants can specifically fund a computer for college?

That's a legitimate use for any federal education grant or loan.


How did Dudley Grant contribute to Early Childhood Education?

Dudley Grant of early childhood education


What has the author Grant L Fisher written?

Grant L. Fisher has written: 'An analysis of the decision-making process in a college advisory committee' -- subject(s): Administration, Decision making, Education, Junior colleges, Medicine Hat College


Difference between grant and revoke statements in sql?

grant will give permission to the user on database by using revoke we can remove the permission


Where did grant go to college?

Grant went to college at the United States Military Academy.


What is the difference between a land grant college and a state university?

That both are publicly funded but that a land grant college owes its existence to a specific federal purpose is the difference between a land grant college and a state university.Specifically, land grant colleges and state universities are examples of post-secondary educational institutions that draw upon general public funding. But the land grant college can trace its existence back to the Morrill Acts of 1862 and 1890. By that act, the federal government encouraged states to build colleges to train students in practical agricultural and engineering skills as well as the liberal arts curriculum offered by state universities. Original land grant colleges and state universities now offer competitive curricula all across the board. Their current funding sources and training opportunities resemble each other so closely as to obscure their original differences in input and output.


What is the difference between loans and grants?

The primary difference is a loan must be repaid, usually with interest; While a grant does not have to be repaid.