
Scholarship
Financial Aid
Scholarship as money doesn't mean you repay it like a loan—it's a gift to support education.
His scholarship covered tuition and books, so he didn't need a loan.
Merit-based
Often, scholarships are awarded for academic or extracurricular achievements, not financial need.
Her exceptional grades earned her a merit-based scholarship.
Competitive
Scholarships are usually competitive; many apply, but few are chosen.
He beat hundreds of applicants to win the prestigious scholarship.