What is Scholarship?
Meaning, Full Form & Guide (2026)
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Quick Definition
A scholarship is financial aid awarded based on merit, need, or specific criteria that does not need to be repaid. Study abroad scholarships range from partial tuition waivers to full funding. Major types include university merit scholarships, government awards (Fulbright, Chevening, DAAD), and TA/RA positions.
Scholarship — Full Explanation
Most scholarship deadlines are 6–12 months before course start. University merit scholarships are most accessible; government scholarships are most prestigious. Many are automatically considered at application — no separate form needed.
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Written & reviewed by
Arjun SinghAcademic Counsellor — Test Prep & Complex Profiles
Frequently Asked Questions
Fulbright-Nehru Fellowship is the most prestigious. University merit scholarships from Northeastern, USC, etc. are more commonly awarded.
Yes — many scholarships also consider extracurriculars, work experience, research, and financial need.
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