<p>If you google it, you will find many hits.</p>
<p>[What</a> is the difference between a grant and a scholarship? - Yahoo! Answers](<a href=“Yahoo | Mail, Weather, Search, Politics, News, Finance, Sports & Videos”>Yahoo | Mail, Weather, Search, Politics, News, Finance, Sports & Videos)</p>
<p>I like this one best as it clear and succinct</p>
<p>*grant= money given for need</p>
<p>scholarship= given by group for specific reason could be need or could be highest gpa or could be group ie: children of firefighters or could be activity ie: sports or band, or could be a combination of various reasons.</p>
<p>both = free money
but you can lose grants if your $ situation changes and you can lose scholarships if you do not keep meeting requirements (participate in sports or maintain grades or keep playing in college band…etc…)*</p>
<p>There are some slight tax implication differences between scholarships and grants, but if you are using it for education, it should not matter. Also grants can be given for non educational purposes (starting a business, developing a new product etc. or new program), scholarships are generally only for educational purposes.</p>