Difference between fellowship and scholarship
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The difference between a fellowship and a scholarship is that scholarships are a type of financial aid that gives a certain amount of money to college students so that they can pay their tuition and fees while fellowships are geared toward post-graduates. There are many different kinds of scholarships, but scholarships are often either need-based or merit-based.
Need-based scholarships are awards given to college students based on their expected family contribution, or the amount of money that a student's family is able to pay for their college tuition. Merit-based scholarships, on the other hand, are based on a student's abilities, passions, or experience. Whether you have a particular academic achievement or experience with leadership or extracurriculars, it could help you win a merit-based scholarship.