An educational grant is a form of financial support provided to students to help cover the costs of their education. Unlike loans, grants do not need to be repaid. They are typically awarded based on academic merit, financial need, or specific talents and achievements.
Educational grants may be used to pay for tuition fees, study materials, accommodation, and other educational expenses. These grants are often offered by governments, universities, foundations, and international organizations to support talented and motivated students in pursuing higher education and professional development.
The main goal of educational grants is to increase access to quality education, promote academic excellence, and support students in achieving their educational and career goals.