Which statement best explains a grant?
O A grant is money awarded to a student, usually based on financial need.
A grant is aid given to a student by an institution, often based on academic success.
O A grant is money borrowed by a student to pay for an education that will need to be repaid.
O A grant is the price of attending classes at a school.

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01-05-2020
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Which statement best explains a grant?
O A grant is money awarded to a student, usually based on financial need.
A grant is aid given to a student by an institution, often based on academic success.
O A grant is money borrowed by a student to pay for an education that will need to be repaid.
O A grant is the price of attending classes at a school.

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alina176 alina176 · Answer 1 · 2020-05-01T06:21:45+02:00

alina176 alina176

01-05-2020

Answer:

a grant is aid given to a student by an institution often based on academic success

think of it as "gift" that your school is giving you for being academically successful

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MubeenaD MubeenaD · Answer 2 · 2022-07-08T13:12:52+02:00

The statement that best explains a grant is that a grant is an aid that is given to a student by an institution, often based on academic success.

What is a grant?

A grant is a fund given by an entity, often a public body, charitable foundation, or a specialized grant-making institution – to an individual or another entity which is usually, a non-profit organization, sometimes a business or a local government body for a specific purpose linked to public benefit.

Unlike loans, grants are not to be paid back. Econometric evidence show public grants for firms can create additionality in jobs, sales, value added, innovation and capital.

For example, this was shown to be the case for large public R&D grants, as well as for public grants for small and medium-sized firms or tourism firms.

What is an institution?

The definition of an institution is an established custom or practice, or a group of people that was formed for a specific reason or a building that houses the group of people. Marriage is an example of a cultural institution.

All definitions of institutions generally entail that there is a level of persistence and continuity.

Primary or meta-institutions are institutions such as the family or money that are broad enough to encompass sets of related institutions.

Hence, option B is the correct answer

To learn more about an institution here,

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