What’s A scholarship | A fellowship | A stipend

If you are searching for the difference between a scholarship, a fellowship, and a stipend,

You are in right place; we are here to provide detailed information and examples of the differences between these three terms.

After reading this article carefully, it is assured that you will never be confused about the meaning of a scholarship, a fellowship, or a stipend in your life.

If you have any queries about scholarships, fellowships, and stipends or any other guidelines, you should drop your questions in email. Our team will be available at any time.

We are doing empirical research to find out the solution to these three corelated terms, and will find the information as written in many documents, and will put this idea in the form of written articles

I have noticed that a few people among us didn’t really know what the exact difference was between a scholarship, fellowship, and stipend.

Introducation

In general, it assumes that all of these are the financial aid for students and researchers, or only an individual with an interest in researching something new.

In some basic difference, the scholarships and fellowships are instituted by the University Research Center, academic institution, laboratory, tournaments, or foundations, and stipends can also be departmental or organizational

So let discuss the main difference between them and the difference is only on the basis of the financial aid, mode of payment, and periods.

If we are looking for a difference between these, three scholarships are available from the early stage of the academic career, even before you know the major and undergraduate studies.

One may be eligible if there are scholarships available for the third stage and will be awarded by a specific organization to help one financially during his degree or for conduct analysis about a distinct topic.

A stipend is a fixed sum of money paid as a salary or as an expense in the form of scholarship, internship, or traineeship to a clergyman or public official, etc.

Read: Free Scholarship Scheme For Indian Student’s

Scholarship

The term “scholarship” always means it is financial aid available for the student, including tuition fees and fair supposed to be living allowances, etc., but there is always money included in the scholarship.

For example, if someone gets a scholarship to study at the university or to do research just means that the person has for sure received money to study how to do research.

If your University declared a scholarship scheme for undergraduate, graduate, or postgraduate students for research purposes, which means the University is going to provide some full or partial cover of budgets.

All financial aid available for undergraduate studies and a university is called this scholarship, which may increase your financial illiteracy and will increase the amount of financial aid and scholarships that you get.

Read: UGC Academic Job Portal

Fellowship

The fellowship, though, and most cases of financial aid that will be provided, but interim, does not necessarily mean financial aid.

If we are talking about fellowship, it is first of all the status only, then financial aid. A fellowship is the status within the university or research institute, and it may be or may not include financial aid.

For example, at the university, sometimes they announced a fellowship and only provided a hard disc with a computer at the library for their particular position.

This often means renowned researchers are public figures who are ready to favor all the other costs themselves, which are only received and announced.

The fellowship announced may be granted is the status within the academic institutions, and it’s nothing more than okay with no financial aid, just status.

The person may be accepted as a failure of certain college departments and he is over with some research, library, and research facilities.

Graduate-level financial aid is called a fellowship, and it may be available for students who are particularly interested in some specific research area.

Scholarships are granted to the student’s level, and fellowships are mainly for experienced individuals to apply.

Read: UGC Sponsor National Fellowships For Students

Stipend

What exactly is a stipend? If you want to be a paid student, then it’s a word you should be looking for.

But seriously though, keep this word on your radar. Let’s get back to the definition:

A stipend is simply a fixed sum of money paid periodically to cover expenses. It’s usually a payment made to a student, trainee, or learner for living expenses, unlike a salary or wages, which is paid to an employee. Fellowships, studentships, or direct cash in your pocket, is usually in the form of a stipend.

Stipends are to support the pursuit of study, training, or research. Stipends can also be departmental or organizational. It is pretty much cash in your student pockets.

Note: For Eligibility criteria, how to apply for scholarships, fellowships, and stipend, and For other details, you can click on UGCScheme and National Portal for scholarship

Wrapping Up

This is all about this article, in which it is clearly mentioned the examples to unsatnad the terms. Hopefully, you will get this short overview of the difference between scholarships, fellowships, and stipends, which are helpful for you in your research career.

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