What is the difference between a private and a public scholarship?

Understand the Problem
The question is asking for the distinction between private and public scholarships, specifically how they differ in terms of their awarding bodies and repayment requirements.
Answer
Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded.
The correct answer is: Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded.
Answer for screen readers
The correct answer is: Private scholarships are awarded by organizations or schools, while public scholarships are government-awarded.
More Information
Private scholarships are typically funded by private entities like organizations or individuals, while public scholarships are funded by governmental bodies.
Tips
Be careful not to confuse scholarships with loans, as scholarships generally do not require repayment.
Sources
- The Two Kinds of Scholarships Available - College Raptor - collegeraptor.com
- What are the fundamental differences between private and public ... - quora.com
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