Which characteristic primarily distinguishes a 'grant' from a 'scholarship' in the context of financial aid?

The correct answer to the question "Which characteristic primarily distinguishes a 'grant' from a 'scholarship' in the context of financial aid?" is Option B: Grants are typically need-based, while scholarships are often merit-based..

The other options — A) Grants are always federal, while scholarships are always private., C) Grants must be repaid, while scholarships do not., D) Scholarships are only for graduate students, while grants are for undergraduates. — are incorrect for this College Advising question. As explained above: While both are 'gift aid' that doesn't need repayment, grants are predominantly awarded based on financial need, whereas scholarships are more commonly awarded based on academic merit, talent, or spe…