Entrance Scholarship - A scholarship or award given to a student entering his / her first year at a post-secondary institution., Award - Given in recognition of outstanding achievement. May be in the form of books, plaques, subscriptions or money. A monetary one is usually called a scholarship or bursary., Bursary - A non-repayable grant of money. Awarded primarily based on financial need, but academic achievement is also considered. Usually, the applicant must provide detailed documentation describing their financial situation when applying., Technical College - A privately owned and operated institution whose main objective is to prepare students for the job market after an intensive period of instruction., College - A post-secondary institution that offers diplomas and certificates. The primary functions are to respond to the training needs of business, industry, the public service sector, and the educational needs of vocationally oriented secondary school graduates and adults., Fellowship - A monetary prize awarded to a student pursuing studies usually beyond the baccalaureate level. Usually one of the criteria is academic average., Financial Need - The need of a student to receive financial aid in order to pursue their education. Eligibility criteria differ at almost every institution., Graduate Award - Awarded to students pursuing post-graduate levels of study (Master's or Doctorate degrees.) Recipients usually hold at least one degree and are engaged in some sort of research project., In-course Award/Scholarship - Awarded to students already enrolled in post-secondary studies, beyond the first year level., Internship - Describes a professional/educational experience conducted in a non-university setting, usually with the corporation that donates the money for the scholarship (sometimes unpaid).,

University Scholarships Vocabulary Part 1

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