Most people get confused about the difference between Scholarship, Fellowship and Internship while some don’t really know their meanings.
In this article, we would be discussing the differences between scholarship, fellowship and internship
1.Fellowship
Fellowships are typically offered to graduates and postgraduates: Many fellowships require at least a bachelor’s degree; some even require a master’s or doctoral degree, but this is undoubtedly not the case for all of them. Fellowships for professionals that are full-time are reserved for individuals with a bachelor’s degree or above. Academic fellowships for postgraduates and doctoral students are also widely available. Some are referred to as “predoctoral fellowships” and are exclusively available to graduate students pursuing a Ph.D. Fellowships for individuals who have earned their Ph.D. already are called “post-doctoral fellowships.”
Fellowships prioritize professional development and academic research over professional experience: Fellowships have a more academic or scholarly undertone. This type of program focuses on completing a project that will help members excel in their particular fields, rather than daily tasks.
Fellowship applications often require applicants to propose a project to be completed during the fellowship period: Because of the nature of the experience, many fellowships require applicants to give in-depth descriptions of the exact studies or projects they plan to use the fellowship funds and time to finish.
Fellowships often have a set stipend: Fellowships typically provide fixed-amount stipends rather than hourly salaries. This is due in part to the reduced day-to-day structure of most fellowships, which do not require fellows to log a set amount of hours or clock in and out when working on their projects. Fellows are often more independent and working on advanced-level projects.
2. Internships
Internships focus on undergraduates or high school student: Internships can be examined of as opportunities to obtain experience working for a firm or organization that gives students or newbies insight into the industry. An internship can last anywhere from one to six months, depending on the company and the nature of the work. Internships with companies assist students create their portfolios and secure a job after they finish their higher education.
Internship programs often request applicants to provide a letter of application: Internship applications require you to submit your résumé, answer a few quick questions, or write a cover letter explaining why you want the position and why you are qualified for it. You may also be asked to supply contact information for professional references.
Internships are more likely to be unpaid or offer college credits instead of monetary reward: Internships do not provide financial benefits to students. They are solely intended to help students study, polish industrial skills, gain experience, and become industry-ready.
3. Scholarship
Scholarship has an amount to be given: A scholarship is a financial award given to worthy students in acknowledgment of their aptitude and academic accomplishments. Scholarships allow people to pursue higher education without worrying about the costs involved with it.
Scholarship focus on either undergraduate, masters, or postgraduate students: Unlike fellowships and internships, scholarships are intended for any student who want to study or advance their studies to the next level.
Eligibility criteria are to be meant: Certain conditions must be met before you can be awarded a scholarship. Students looking for scholarships should review the eligibility requirements to determine if they are qualified to apply.
Scholarship does not require repayment: Scholarships, unlike student loans, do not demand repayment. Students can use it to pay for tuition, living and accommodation expenses, college supplies, and other necessities.
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