meaning of study grants
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Grants are non-repayable funds or products disbursed or given by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual.
Although there are four different types of grant funding, most programs share a common restriction: funds may not be used to supplant existing resources. Understanding the four main types of grant funding will guide where you should concentrate your energy during the application process.
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