Several organizations and governments across the world run several programs to help underprivileged and meritorious students further their education. These programs are based on particular criteria that must be met by the student to be eligible. Scholarships and fellowships are two examples of schemes that are frequently misunderstood in this regard. The majority of students are unsure about the distinction between a scholarship and a fellowship. These two expressions are sometimes misconstrued since they both imply “financial assistance” for students and researchers, or anyone with a desire to learn, discover, and investigate something new. A University, a Research Centre, an academic institution, a laboratory, the government, or a foundation establishes “scholarships” and “fellowships”. 

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