Grants are typically based on financial need, which is determined using the Expected Family Contribution (EFC) from the FAFSA. Some grants might also have a merit component. They're a fantastic way to help cover the costs of college without adding to your future debt.

Scholarships, on the other hand, are usually awarded based on merit. This could include your grades, GPA, major, personal accomplishments, experiences, or even your identity. Like grants, scholarships can significantly reduce the financial burden of attending college.

So, if you're looking for ways to fund your education without the stress of repayment, scholarships and grants are definitely the way to go! Just think of them as the universe's way of giving you a high-five for your hard work and potential.