20dad,
The rules concerning which aid is countable against aid limitations are quite complicated, so the the conditions under which a grant is provided are very important in trying to determine whether the grant is countable.
Actually, the term "grant" doesn't mean very much. In fact, athletic (baseball) money is termed a grant in the NCAA rules. Athletic money is not a "scholarship", even though we commonly refer to it that way.
The NCAA separates aid into institutional and non-institutional, and treats them differently. Institutional aid counts against the 11.7 unless it is awarded completely without considering athletic ability or achievement. (15.5.1a) Some outside aid isn't countable even if athletics ability was a factor in awarding the aid, if the player was not recruited, or if the aid isn't limited to a particular college.
And, as is well known, academic scholarships aren't countable if the player meets certain thresholds.
So the details of the particular grant matter very much, including where the funds come from. In other words, I have no idea.