The difference between a grant and a scholarship is that a grant is need-based, while a scholarship is based on merit. Thus, option B is correct.
What is a scholarship?
A scholarship is an amount that is generally given to students to help them with the number of their education fees, it can be given to various students.
A Grant is when a person is given the amount to help students and financially aid them.
The main difference between the Grant and a scholarship is that the grant is given to the people who do not have enough money to get the desired or required amount whereas in a scholarship the amount to the students is given on the basis of merit basis that is how good you are in the study and how much can you score. Therefore, option B is the correct option.
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