Difference between grant, scholarship and fellowship


Do you like to know the difference between grants, scholarships and fellowships? Read this article to know the definitions and the details of the same.

Difference between a grant,a scholarship and a fellowship

A grant is money given for one time purpose i.e., if you want to go to another country for an international conference. You use the money to attend the conference and it is over. In case if they give you money and all of the money is not spent then you may have to sometimes return them the remaining money.

A Scholarship is for a generalized study and is mostly given to under graduate students for the purpose of their educational expenses. Scholarships are awarded in the form of money based on their performance.

Fellowships are generally given to doctoral candidates and are aimed at a specific study. That is if you need money to do a specific project and enhance their training in the fields of interest.


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Comments

Author: Naveed Ahmed17 Jan 2014 Member Level: Gold   Points : 6

Well first of all I need to say that both scholarships and fellowships are also one of the types of grants. And the common feature of grants is that they need not to be repaid (or given back to the one making these grants). However grant is also used as a separate term from scholarships and fellowships, and all three can be distinguished due to the specific purpose each grant is given for. This peculiar difference can highlighted as follows;

A grant is the giving of monetary expenses for doing a specific underlined or defined task. For example, governments' giving money to a poor for helping him start a business is a grant. Scholarships and Fellowships are specifically related to the purpose of advancement in studies, whereas grants need not be for the purpose of study or education. They can be given for any just cause. A scholarship is usually given for advancement in undergraduate studies whereas a fellowship is the grant given for advancement in post-graduate studies.



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