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  2. The key differences between grants and funding are12:
    • Purpose: Grants are awarded to support a specific project or initiative, while funding can be more general.
    • Source: Grants come from foundations, corporations, or government agencies, while funding can come from various institutions and organizations.
    • Eligibility: Grant eligibility is often based on financial need, whereas funding may have different criteria.
    Learn more:
    A grant, on the other hand, is a sum of money that is awarded to an individual or organization to support a specific project or initiative. Grants are typically given by foundations, corporations, or government agencies. The application process for a grant is usually more competitive and rigorous than that for a fund.
    thecontentauthority.com/blog/fund-vs-grant
    Funding for grants and scholarships can vary greatly. Grants can come from the federal government, state governments, colleges, and nonprofit organizations. Unlike scholarships, grant eligibility is typically based on financial need. Scholarship funding, on the other hand, comes from a multitude of institutions and organizations.
    collegefinance.com/scholarships/grants-vs-scholar…
     
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