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A grant is a sum of money that is awarded to someone, usually for a specific purpose, that doesn’t have to be paid back. Examples are grants that help pay for education, home improvements, extra costs associated with illness and disability and to help pay for funerals and pregnancy and childbirth. Grants are available from a range of different organisations, for example the government and charities, and you usually have to fulfil certain criteria.

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Grants should not be confused with loans, which are sums of money that you have to pay back.

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