For by grace, you have been saved through faith; and not of yourselves, it is a gift of God; and not as a result of works, so that no one may boast. For we are His workmanship, created in Christ Jesus for good works, which God prepared beforehand so that we would walk in them.

--Ephesians 2:8-10

Grace is God's undeserved, unwarranted love for us that is unpayable and unearned.

By God's grace, we have been chosen to have faith in our Lord and Savior Jesus Christ, which leads us to life eternal through Him.