A scholarship is different from a fellowship because a scholarship always comes with financial aid. Students who win a scholarship can then, can look forward to receiving financial aid in the form of daily expenses, tuition, living allowance, and other forms of aid involving monetary expenses. It’s not the case with fellowship meaning in education, though. A fellowship is a status earned at the university. There are no fellowship programmes that cater at this level, though. Essentially, scholarships are a form of financial aid for students while fellowships and studentships are granted to those with more experience.
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