{"id":7389,"date":"2021-06-28T08:10:12","date_gmt":"2021-06-28T08:10:12","guid":{"rendered":"https:\/\/scholarshipowl.com\/blog\/?p=7389"},"modified":"2023-01-10T17:01:04","modified_gmt":"2023-01-10T22:01:04","slug":"what-is-the-difference-between-a-scholarship-and-fellowship","status":"publish","type":"post","link":"https:\/\/scholarshipowl.com\/blog\/apply-for-scholarships\/what-is-the-difference-between-a-scholarship-and-fellowship\/","title":{"rendered":"What Is the Difference Between a Scholarship and Fellowship?"},"content":{"rendered":"

If you\u2019re worried about paying for your college education, you are definitely not alone. The cost of going to college is so high and figuring out how you\u2019re going to pay for it can be very stressful.<\/span><\/p>\n

Financial aid can help you offset some of the costs of college. Some of the most popular forms of financial aid are scholarships and fellowships. The two terms are often used interchangeably, but they are actually quite different from one another.<\/span><\/p>\n

Keep reading to find out the key differences between scholarships and fellowships. It\u2019s important that you understand how they differ before you start applying.<\/span><\/p>\n

What Is a Scholarship?<\/h2>\n

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A scholarship is a financial aid that you can win to help pay for your college expenses. Winning scholarships is the best way to pay for college, as you don\u2019t need to worry about paying back the money later on. You can apply for scholarships to pay for your undergraduate and graduate studies.<\/span><\/p>\n

You do not need to be a high-achieving student to win a scholarship. While there are plenty of merit-based scholarships there are also many needs-based scholarships. There are scholarships that award students for volunteerism, leadership, or athletics.\u00a0<\/span><\/p>\n

Colleges, the government, private organizations, and non-profit organizations all award scholarships. Students can use scholarship money to pay for tuition, books and supplies, and room and board.<\/span><\/p>\n

Scholarship awards range from as little as $100 to full-ride scholarships. You should apply for as many scholarships as you can. You can combine scholarships to create a generous financial aid package for yourself.<\/span><\/p>\n

What Is a Fellowship at a College?<\/h2>\n

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Fellowships are grants awarded to students for graduate study, professional development, and research. They allow students to pursue a specific academic interest in depth.<\/span><\/p>\n

Whereas scholarships may take financial need into consideration, fellowships are always merit-based awards. Fellows show academic achievement and potential in their field.<\/span><\/p>\n

The majority of fellowships are for graduate and postgraduate students. There are also some fellowships at the undergraduate level.<\/span><\/p>\n

What Is a Fellowship Program?<\/h2>\n

Fellowships can refer to a number of things. They may refer to merit-based scholarships. The word fellowship may also be used to describe a job for recent graduates. In large, fellowships are awards that help scholars advance their education.\u00a0<\/span><\/p>\n

Fellowship programs may help students pay for their education, including tuition and books, and supplies. Others may only pay funds for research. Some fellows may have to complete an internship or volunteer work.<\/span><\/p>\n

What Are the Benefits of a Fellowship?<\/h2>\n

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There are many benefits to doing a fellowship. For starters, getting a\u00a0 fellowship is an honor, as it is a very prestigious award.<\/span><\/p>\n

The following are some benefits of a fellowship:<\/span><\/p>\n