Which of the following is a characteristic of a grant?

B is the chosen answer because a characteristic of a grant is that it often requires specific eligibility criteria. Grants are typically awarded by government entities, foundations, or organizations to support individuals or projects that meet certain standards or conditions. These criteria can relate to financial need, academic performance, or specific demographic factors, ensuring that the funding goes to those who qualify under the set guidelines.

This characteristic distinguishes grants from loans, which must be repaid, and from options that imply a lack of funding support, such as financial aid. Understanding eligibility criteria is vital for individuals seeking grants, as it helps them identify whether they can apply and which grants may be worth pursuing based on their personal circumstances.