Personal grants are financial awards given to individuals for various purposes, such as education, research, or personal development. They are typically provided by government agencies, foundations, or non-profit organizations. Unlike loans, grants do not need to be repaid.
Personal grants can provide significant benefits to recipients. They can help cover the costs of tuition, living expenses, research materials, or other expenses associated with achieving personal goals. Grants can also provide individuals with the opportunity to pursue their passions, develop new skills, or make a difference in the world.