Understanding the difference between a scholarship and a fellowship have become the priority of students who gets confused about the two concepts.
Many students believe that anything that funds your academics be it loans, grants or any form of financial aid is a scholarship. But because of intellectual implications, it is important that we know the difference between a scholarship and a fellowship.
The only thing that is common between a scholarship and a Fellowship is that both of them are financial aid. Apart from that there are many distinctive differences between them
With that being said, let’s proceed with the answer to the question, what is the difference between a scholarship and the fellowship?
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What is a Fellowship?
The term “Fellowship” means different things to different group of people, conventionally people understand fellowship to be a group of people who have gathered together to commune. But this same word means a different thing in a gathering of academia.
The fellowship in this context deals with a form of financial aid that is meant mostly for graduate and postgraduate students to pursue their academic goals.
Some other fellowships would include internship programs or other related service commitment that would take one year or more.
Basically we’d say that fellowships are financial aids mostly meant for graduate or post-graduate students. And also considered a merit-based opportunity.
Winners are selected base on long-term considerations, where contributions made by the students is put into consideration.
The winner of a fellowship is called a fellow.
This is basically the reason that there are many postgraduate and graduate fellowships than there is in undergraduate Fellowship. But that does not mean that you cannot find undergraduate fellowships. Many undergraduate institutions offer fellowship to their students and each winner is called a fellow.
Fellowships are considered to be a very competitive merit-based opportunity. And that is why winning a Fellowship is considered to be very difficult.
It is always offered towards research programs which will help develop the student and broadens the person’s Horizon in their study field.
What is a scholarship?
The world scholarship is a very conventional word within students, it is easier to understand.
It is considered a form of financial aid offered by colleges for students to pursue their academic dreams without worring about how to payback
Scholarships offered to students based on different criteria which may include financial need merit-based or any form of qualification requirement chosen by the academic Institution.
The good thing about scholarships is the fact that it has a ton of sponsors of which mostly includes governmental organisations, non-governmental organisations, individuals, institutions and some other bodies that are interested to help students financially to achieve their academic goals.
This actually implies that there are way more scholarships than fellowships. Students can easily find Scholarships that they can find fellowships. And eligibility requirements of a scholarship is not always as difficult as it is for Fellowships
Difference between Scholarship and Fellowship
We’ve got some clear distinctive differences between a scholarship and a Fellowship, some of which would make an institution call an opportunity a scholarship and the other a Fellowship.
One of the most notable difference between these two terms is the fact that a scholarship clearly implies that there is a financial aid available for students. But a fellowship do not necessarily imply there is a financial opportunity. A fellowship might just be an opportunity available for students in a particular course of study that will aid there studies or research analysis. It might be an opportunity that will afford the beneficiary the opportunity to use some facilities that would advance their studies
Another pungent difference between a scholarship and a Fellowship is the fact that scholarships are open to virtually all the levels of studies.
There are scholarships for undergraduates; there are also scholarships for postgraduate; there are even scholarships for high school students or students in their early academics.
But this is different when it comes to fellowships. Fellowships are meant for advanced levels of studies. There are no fellowships for high school students not even a single one.
People receive scholarships based on different eligibility requirements or criteria, which might be based on financial needs or academic brewers. But this is different when it comes to fellowships.
Fellowships are offered based on merit and that is why fellowships are very competitive. And there are a very large number of scholarships and a few number of fellowships
Another strong difference between a scholarship and a fellowship is the fact that scholarships can be offered to students in wide range of study fields. But fellowships are strictly offered to students undertaking research.
This explains why the few undergraduate fellowships available are offered to undergraduate students, who are undertaking undergraduate research programs
Types of Fellowship
Concentrating on fellowships to help us better see the scholarship vs fellowship distinction, let’s look at the major kinds of fellowships.
Here are the popular kinds of scholarships government and research organizations offer to fellows.
Scholarships are quiet considered to be very easy compared to fellowships.
The are tons of scholarships available for all levels of studies, while fellowships are offered mostly to graduate students to undertake research related programs.
Types of fellowships includes, postdoctoral fellowships, doctoral fellowships, medical fellowships etc
You may need to pay tax for receiving a scholarship or a Fellowship that pays for extra expenses such as rooms and board.
It is easier to win fellowship or scholarship if you adequately meet it’s criteria or eligibility requirements.
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