This is the 12819th most frequent Spanish word.
otorgadas
"Granted" or "awarded."
In this sentence, 'otorgadas' is used as a past participle to indicate that scholarships (becas) were granted or awarded as an action completed in the past.
Las becas fueron otorgadas a estudiantes destacados.
The scholarships were awarded to outstanding students.
Here, 'otorgadas' describes the opportunities provided or granted by the program, functioning as an adjective modifying 'las oportunidades'.
Las oportunidades otorgadas por el programa benefician a muchos.
The opportunities granted by the program benefit many.
'Otorgadas' in this context emphasizes that the aids were given or allocated, playing the role of a descriptor of the noun 'las ayudas'.