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Scholarship

Money awarded to a student for study, based on merit, need or other criteria, which does not have to be repaid.

Used in
United States, All four UK nations (details may differ), International
Topic
Higher education

Being checked against official sources. This definition is written in our own words; always check the official guidance for your country.

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Financial aid United States
Money to help pay for college, including grants, scholarships, loans and work-study.
Bursary All four UK nations (details may differ)
A non-repayable payment to a student, usually based on financial need.

More terms: Higher education

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Definitions are written by Classfern in our own words for teachers in the UK and the US. They are short explanations, not legal or official definitions: always check the official guidance for your country, nation or state. Classfern is not affiliated with or endorsed by any government department, inspectorate or exam board named here.