What is the Difference Between Fellowships and Scholarships? Scholarships and fellowships are both forms of financial aid that are given to people in order to support their academic or professional endeavors. But there are some significant variations between the two:
Purpose:
These are frequently given to people who want to engage in research or other professional development activities, as opposed to scholarships, which are typically given to support academic endeavors like attending school or university.
Eligibility:
In contrast to scholarships, which may be more widely available and based on factors like academic performance, financial need, or other criteria, fellowships are frequently competitive and may require a specific level of education or experience.
Funding:
Given that they are frequently created to support people for a longer period of time than scholarships, fellowships may offer a greater amount of funding than these latter types of awards.
Requirements:
Scholarships typically have fewer requirements than simply maintaining good academic standing, whereas fellowships may have milestones or outcomes that recipients must meet as part of the program.
In conclusion:
Despite the fact that both fellowships and scholarships provide financial aid, fellowships frequently have more stringent requirements and are more concerned with professional development than scholarships, which are more widely available and are more concerned with academic goals.
