Grant is averaging a career-high 11.7 points a game and shooting a career-high .523 from the field.
Last year, Grant, 25, averaged 7.9 rebounds per game, and was third on the team in scoring, with 13.4 points.
Grant, who is 27 years old, averaged 18 points and 6.7 rebounds last season.
Grants will average $1,000 and will not usually exceed $3,000, Stout said.
A 6-foot-9-inch forward who turned 27 years old this month, Grant averaged 18 points and 6.8 rebounds last season, and he has improved in each of his four National Basketball Association seasons.
Grant averaged 21 minutes this season, a career low, and was hampered by injuries.
As a sophomore, Grant averaged 10.7 points a game and 6.5 rebounds a game and the Flyers again made it to the NCAA Tournament.
As a junior, the 6'5" Grant moved from power forward to small forward and averaged 7.1 points a game and 4.8 rebounds a contest while the team advanced to the National Invitation Tournament.
Grant, an undersized center with sore knees that have robbed him of much of his athleticism, averaged 8.7 points and 6.9 rebounds.
During his senior season, Grant averaged 20.1 points and 11.6 rebounds per game, both of which led the team, and at the end of the season he was honored with the Haggerty Award.