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WRITE: What is the difference between a scholarship and a loan?​

User Snumpy
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1 Answer

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22 votes

Answer:

Scholarships. We’ve all heard about applying for scholarships, but what exactly are they? Scholarships are sums of money specifically designated for your education.

Grants. Simply stated, grants are free money. ...

Loans. A loan is borrowed money that needs to be paid back with interest. ...

Step-by-step explanation:

User DyreVaa
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