What term describes funds available to chapters to support community service and service-learning?

What term describes funds available to chapters to support community service and service-learning?

• A. Grants
• B. Scholarships
• C. Loans
• D. Donations

Answer: (A)

Grants are funds provided to chapters to support community service and service-learning. They are awarded to enable a chapter to plan and carry out approved projects, often with guidelines and reporting requirements, and they typically do not have to be repaid. This makes them the best fit for financing chapter-wide service initiatives. Scholarships fund individuals' education, not chapter programs. Loans are borrowed money that must be repaid, which isn’t the usual way chapters obtain project funds. Donations are gifts to the organization and can support many purposes, but the specific term used for designated program funding to chapters is grants.

Grants are funds provided to chapters to support community service and service-learning. They are awarded to enable a chapter to plan and carry out approved projects, often with guidelines and reporting requirements, and they typically do not have to be repaid. This makes them the best fit for financing chapter-wide service initiatives.

Scholarships fund individuals' education, not chapter programs. Loans are borrowed money that must be repaid, which isn’t the usual way chapters obtain project funds. Donations are gifts to the organization and can support many purposes, but the specific term used for designated program funding to chapters is grants.