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Exact(17)
Unlike loans, grants do not have to be paid back.
These government grants do not include weighty sums donated by private citizens around the world.
Their second key characteristic, as the name suggests, is that maintenance grants do not have to be repaid.
A spokeswoman for Money Management International says it seeks payments from lenders because government grants do not cover costs.
Organizations that receive their grants do not want to endanger future aid; staff members tend not to have the power to force the issue.
Schools recruit heavily for another reason: Because federal grants do not always cover tuition and expenses, students are often roped into private loans, another revenue stream in the booming for-profit education business.
Similar(41)
"For example, some physicians with large research grants don't know how to manage the money".
Even the MacArthur Foundation's "genius" grants don't call their winners geniuses.
But if your goal is merely to be more competitive for grants, don't waste those valuable years.
Because most research grants don't include funding to cover overheads, "somewhere in universities there's money which can be moved around," he suggested.
Also, their grants don't require application fees.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com