Money typically given to a college or university by the state and/or federal government. Eligible students receive grant awards from the colleges they attend. Grants do not have to be repaid. Grants provided through California and the U.S. government include, but are not limited to: Cal Grant A , Cal Grant B , Cal Grant C, Federal Pell Grant and Federal Supplemental Education Opportunity Grant.
A federal financial assistance award making payment in cash or in kind for a specified purpose. The federal government is not expected to have substantial involvement with the state or local government or other recipient while the contemplated activity is being performed. The term "grants-in-aid" is commonly restricted to grants to states and local governments. (BTS3)
all non-repayable transfers received from other levels of government or from private individuals, or institutions including reparations and gifts given for particular projects or programs, or for general budget support.