The difference between fund, scholarship, grant, and fellowship in simple language
#Fund
Fund means money and capital. If you want to go on a trip now, you have to fund it, that is, provide the capital. Now some people are funded in different ways when they apply. It means that one, for example, the university itself accepts a part of the cost such as tuition money (part fund) or all the costs of the university and life (full fund).
#Scholarship
Scholarship is an award that is given to people for various reasons. Now, for example, God help me to become rich, one day, for example, I will start a scholarship to help Iranian students! They also send resumes year after year and some of them “win”! Mostly, the motivation is personal supplier.
#Fellowship
Fellowship is a financial opportunity that the university may provide you when you are going to get a postgraduate degree and your field of activity is advanced. This is actually so that you can enter the university and interact with stronger people and start a serious job!
#Grant
Grant, which is more important than all of these, and the main reason that you are given a fellowship or your expenses are covered, is the existence of the concept of grant. It means that an organization (usually government or military) comes and allocates money to a project. Various people send proposals, most of them university professors, and that body chooses who will receive this grant! Then they give that money to the winning group and tell them to do something with these millions of dollars! The professor also says that with his one million dollars, for example, he hires three students (tuition fees and salaries, etc.), and with another one or two million dollars, he buys a machine, for example, he pays a good price for the equipment and supplies of his laboratory, a very, very good price. He gives to the university (one less than the total amount) Tahshm takes whatever is left for himself.
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