Question

Which statement best defines a grant? A grant is an educational plan in which students alternate between studying for school and gaining work experience. A grant is a loan offered to students to help pay for education-related expenses. A grant is money given by an organization for a specific purpose. A grant is a loan offered to anyone who is thinking about attending college.

Answer 1

Answer:

The correct answer would be option C, A Grant is money given by an organization for a specific purpose.

Explanation:

A grant is basically the amount of money which a Government or any other institution gives to someone or some organization or institution to serve a specific purpose. Grants are usually given for Educational purposes, Business Growth purpose, or to serve the under privileged people. Grants are not loans. Loans are required to be paid back but grants are not required to be given back to the lender. Grants are given to encourage growth and help people in raising from the bottoms.