The easiest to remember is that a grant is generally money given to you as a one-time offering to accomplish a specific thing and generally has no strings attached to it. For example, you apply for a travel grant to attend a technical conference. Assuming you receive the grant, you would then spend the money to attend the conference and that would be the end of the money. Many times, however, if you are given grant money and your expenses are less than the grant amount, you will be required to return the unused portion of the funds.

Scholarships are generally given with the requirement that the student enroll in a particular course of study and may require certain outcomes.