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Difference Between Scholarship and Fellowship in 2025: Application Process, Eligibility, and More

Updated on 28 January, 2025

Did you know over 1.3 million Indian students are pursuing higher education abroad, marking a significant increase from previous years? If you're one of them, you might be wondering whether to apply for a scholarship or a fellowship. 

Scholarships generally cover tuition fees, while fellowships focus on advanced research, professional development, or specialized studies. Understanding the difference between scholarship and fellowship will help you choose the option that best aligns with your goals.

Keep reading to explore your options and make an informed decision that will shape your academic and professional future!

Understanding the Key Difference Between Scholarship and Fellowship

When it comes to funding your education or career growth, it's crucial to distinguish between scholarships and fellowships. 

While scholarships are designed to cover educational expenses, fellowships provide support for advanced research or professional development.

Let’s dive into what makes a scholarship unique and how it can play a vital role in your academic path.

What Is a Scholarship?

scholarship is a financial award given to students to help cover educational costs. The primary purpose is to make education more accessible by alleviating the financial burden. Scholarships are typically awarded based on merit, need, or specific talents.

Popular scholarship types include merit-based, need-based, and talent-specific, offering financial support for academic, financial, or talent achievements.

Discover scholarships tailored to your study abroad dreams! Explore options and apply with ease.   

What Is a Fellowship?

A fellowship supports advanced study, research, or career development in specialized fields, focusing on higher-level work. For Indian students and professionals, fellowships offer funding and resources to excel. 

Notable types include Research, Teaching, Professional, and Postdoctoral Fellowships, promoting research, growth, and leadership.

Difference Between Scholarship and Fellowship: A Quick Comparison 

Scholarships and fellowships are both forms of financial aid, but they serve different purposes. Knowing the distinction can help you choose the best option based on your academic or career aspirations.

Here’s a quick comparison to help you understand how they differ.

Parameter Scholarship Fellowship
Purpose Financial support for education Financial support for research or professional development
Eligibility Students (undergraduate, graduate) Graduate students, researchers, professionals
Funding Source Universities, government, private bodies Research organizations, institutions, companies
Duration Typically, 1 year may cover the entire program It can range from a few months to several years
Examples Merit-based, need-based, talent-specific Research, teaching, professional fellowships

Types of Scholarships and Fellowships Available

There are various types of scholarships and fellowships available, each designed to support different educational and professional goals. Let's explore the most popular options to help you choose the right opportunity.

Popular Types of Scholarships

Scholarships are a valuable opportunity to support your academic journey, whether you're excelling in studies, facing financial challenges, or aiming to pursue specialized education. 

With various types available, there’s a scholarship to match your unique needs, goals, and talents. 

Here's an overview of the most common types to help you find the right one for your future.

  • Merit-based Scholarships: Awarded based on academic performance or talent, such as the Rhodes Scholarship (UK) for outstanding students pursuing graduate study.
  • Need-based ScholarshipsDAAD Scholarship given to students based on financial need, like the Need-Based Scholarship Program for post graduate students at Germany
  • Sports Scholarships: Offered to students excelling in sports, such as the NCAA scholarships for student-athletes in the U.S.
  • Minority Scholarships: Designed for underrepresented groups, like the U.S. Department of Education’s Pell Grant.
  • Government-funded Scholarships: Provided by governments for international studies, such as the Chevening Scholarship for postgraduate students in the UK.
  • Talent-specific scholarships: For skills in areas like music, arts, or sports.
    Example: Inlaks Scholarship (India/Abroad) – for talent in fine arts, music, or film.

Also Read: Best Harvard Scholarships for International Students in 2024

Popular Types of Fellowships

Fellowships are tailored to support your growth in research, academia, or professional development.

Whether you aim to pursue groundbreaking studies, gain expertise, or explore international opportunities, fellowships offer the funding, mentorship, and resources needed to excel.

Popular types of fellowships include:

  • Research Grants: Support advanced research, like the Marie Curie Fellowship for scientific projects.
  • Career Advancement: Programs like Fulbright-Nehru Master's Fellowships help professionals gain international experience.
  • Teaching Programs: Fellowships like Teach for India focus on teaching in underserved areas.
  • Postdoctoral Fellowships: Programs like the Alexander von Humboldt offer advanced research opportunities for PhDs.
  • Entrepreneurship: Initiatives like Echoing Green support early-stage social entrepreneurs.
  • Public Policy Fellowships: The Carnegie Fellowship supports research on global policy issues

These fellowships provide international exposure, advancing both academic and professional careers.

Purpose and Target Audience of Scholarships and Fellowships

Scholarships and fellowships serve distinct purposes and are aimed at different groups. While scholarships are designed to support students’ educational expenses, fellowships focus on advancing research, professional growth, or specialized study. 

Let’s explore how each of these opportunities caters to specific needs and goals.

Why Are Scholarships Awarded?

Scholarships help you cover tuition or related expenses by recognizing your academic achievements, talents, or financial need. 

For example, a study abroad scholarship in 2025 could fund your tuition, allowing you to pursue a STEM degree at a top university without the financial burden.

Why Are Fellowships Awarded?

Fellowships offer funding for your advanced research, projects, or professional development, focusing on skill-building, mentorship, and networking. 

For instance, a fellowship could support your research in AI, providing resources and connections to help you drive innovation in your field.

Comparing the Target Audiences of Scholarships and Fellowships

Scholarships and fellowships serve distinct purposes and target different groups at varying stages of their academic or professional journey. 

This table breaks down the key differences in their target audiences, helping you determine which funding option is the best fit for your current educational or career goals.

Type Target Audience
Scholarships Ideal for students pursuing undergraduate or graduate degree programs
Fellowships Designed for advanced learners, researchers, or professionals in niche areas

Funding Mechanism and Duration of Scholarships and Fellowships

Scholarships and fellowships differ in funding mechanisms and durations based on their purpose. 

Scholarships usually cover a shorter period, such as a semester or degree duration, while fellowships are project-based and may last several years, depending on the work's scope. 

Let’s look at their funding and timeframes.

How Are Scholarships Funded?

Scholarships are made possible by a diverse range of funding sources, including governments, universities, non-profit organizations, and private companies. 

These sources reduce financial burdens for students and provide access to educational opportunities.

Here are four key sources of scholarship funding:

  • Government Programs: Scholarships like the Chevening Scholarship (UK) and DAAD Scholarships (Germany) are funded by governments to promote education and global talent exchange.
  • Universities: Institutions such as Harvard University and the University of Melbourne offer scholarships to attract top talent and support deserving students.
  • Non-profits and Foundations: Foundations like the Bill & Melinda Gates Foundation fund scholarships, including the Gates Cambridge Scholarship, to promote academic excellence and diversity.
  • Private Companies: Major companies, including Google and Microsoft, provide scholarships to help students pursue careers in specific industries, such as tech, with programs like the Google Generation Scholarship.

Also Read: Cornell University Tata Scholarship – Get to Know More

How Are Fellowships Funded?

Fellowships are supported by various funding bodies, each aiming to help you advance your studies, lead projects, and develop professionally. These often include stipends, research grants, travel allowances, and mentorship. 

Here’s how they break down:

  • Research Organizations: Fellowships like Marie Skłodowska-Curie Actions (Europe) and NIH Fellowships (USA) fund innovative research across various scientific fields.
  • Universities: Fellowships such as the Alexander von Humboldt Fellowship (Germany) and Stanford University Fellowships (USA) support postdoctoral researchers and graduate students in advancing their academic pursuits.
  • Government Grants: Fulbright Fellowships and Commonwealth Fellowships fund international research, teaching, and professional development opportunities.
  • Philanthropic Foundations: Obama Foundation Fellowship and Ford Foundation Global Fellowship back global leaders focused on social impact and justice initiatives.

Application Processes for Scholarships and Fellowships

The application process for scholarships typically involves submitting academic and financial documentation. 

These documents are essential for proving your qualifications and your potential as a scholar, especially when applying for study abroad scholarships in 2025.  

Here’s what you need:

  • Academic Transcripts: These highlight your academic performance, like for the Rhodes Scholarship, where your academic record plays a crucial role in your eligibility.
  • Financial Statements: Required for need-based scholarships, such as the Harvard Financial Aid Initiative, to assess your financial situation.
  • Essays: Many scholarships ask for personal statements, like the Gates Cambridge Scholarship, to demonstrate your goals and impact.
  • Extracurriculars and Leadership: Activities outside the classroom, like in the Coca-Cola Scholars Program, showcase your leadership and community involvement.

Also Read: Great Wall Program Scholarship: Benefits, Documents Required & More

Application Requirements for Fellowships

For most fellowship programs, a well-crafted proposal is crucial, as it demonstrates your potential to contribute meaningfully to the field, especially in top fellowships for professionals. 

Fellowship applications generally require more detailed and specialized documents such as.

  • Research Proposal: A detailed document outlining your objectives, like for the Marie Curie Fellowships, to show alignment with program goals.
  • Curriculum Vitae (CV): An updated CV showcasing academic and research achievements, such as for the Alexander von Humboldt Fellowship.
  • Recommendation Letters: Required for most fellowships, like the Fulbright-Nehru Fellowship, to validate your qualifications.
  • Work Experience: Relevant experience, such as lab work for the NIH Fellowship, is crucial to demonstrate your expertise.

Tips for Successful Applications

Whether you are applying for a scholarship or fellowship for higher education or aiming for international opportunities, these steps will help ensure that your application stands out. 

  • Tailor Your Application: Customize your materials to match the program’s focus, like highlighting achievements for scholarships or research contributions for fellowships.
  • Prepare for Interviews: Research thoroughly and practice discussing your goals to make a strong impression, like when applying for the Rhodes Scholarship or Marie Curie Fellowships.

Top Scholarships for Indian Students to Study Abroad in 2025

Whether you're aiming for a master's, PhD, or an undergraduate program, 2025 offers a wide array of scholarship opportunities across top destinations such as the USA, UK, Canada, Australia, and Germany. These scholarships help cover tuition, living expenses, and other associated costs. 

Let’s explore some of the top scholarships for Indian students in these countries. 

Scholarships for Indian Students in the USA

The USA offers a variety of scholarships to Indian students, helping ease the financial burden of education while supporting academic and professional growth. 

These scholarships provide opportunities for tuition coverage, living expenses, and valuable networking. 

Here are some top scholarships to consider:

Scholarship Coverage Eligibility Program Overview
Fulbright-Nehru Master's Fellowships Tuition, living expenses, health insurance Master’s degree students with leadership potential Supports Indian master’s students focusing on leadership and academic excellence.
Stanford Reliance Dhirubhai Fellowship Up to USD 150,000 (INR 1.25 Crores) Indian students pursuing MBA at Stanford Assists Indian students pursuing an MBA at Stanford University.
AAUW International Fellowships USD 20,000 to USD 50,000 (INR 16.5 Lakhs to INR 41 Lakhs) Women pursuing graduate/postgraduate studies Helps women outside the USA with tuition, living, and travel expenses.

Note: INR amounts may vary with exchange rates. Check official sources for updated figures.

Scholarships for Indian Students in the UK

The UK provides a variety of fully funded and partial scholarships, offering Indian students opportunities to pursue higher education with financial support. Below are some of the top scholarships available:

Scholarship Coverage Eligibility Program Overview
Chevening Scholarships Up to GBP 22,000 (INR 23.5 Lakhs) tuition fees  Students pursuing one-year master’s programs Fully funded master's program covering tuition, living, and travel expenses.
Commonwealth Scholarships Living allowance: GBP 1,652 (INR 1.8 Lakhs) for London and GBP 1,347 (INR 1.4 Lakhs) for other areas. Students from Commonwealth countries for master’s/PhD Covers tuition, airfare, and living costs for master’s or PhD students.
Great Scholarships Partial funding Students pursuing various programs in UK universities Partial funding for Indian students in various degree programs.

Note: INR amounts may vary with exchange rates. Check official sources for updated figures.

Also Read: UK Scholarships for Indian Students

Ready to study in the UK? Explore upGrad’s comprehensive courses that offer expert guidance, top-tier content, and global recognition. Start your journey to studying abroad in the UK and unlock a world of opportunities today!

Scholarships for Indian Students in Canada

Canada is home to numerous scholarship opportunities designed to support Indian students in their academic journey. 

From doctoral research funding to graduate study assistance, these scholarships aim to make education in Canada more accessible and rewarding. 

Below are some of the top scholarship options available:

Scholarship Coverage Eligibility Program Overview
Vanier Canada Graduate Scholarships CAD 50,000 (INR 30 Lakhs) per year for three years  Doctoral students in Canadian universities Prestigious scholarship offering three years of financial support for doctoral studies.
Shastri Indo-Canadian Institute Scholarship Up to CAD 8,500/per (INR 5 Lakhs) SSRIF Project Grant. Indian students enrolled in Canadian universities Supports Indian students with partial tuition and research costs in Canadian universities.
Ontario Graduate Scholarship (OGS) CAD 15,000 (INR 9 Lakhs ) annually Graduate students in Ontario Supports graduate students in Ontario with funding for their studies.

Note: INR amounts may vary with exchange rates. Check official sources for updated figures.

Also Read: Fully Funded Scholarships in Canada for International Students

Ready to study in Canada? Explore UpGrad’s diverse range of courses tailored to help you succeed in your Canadian education journey. With expert-led programs, you’ll gain the skills needed to excel in your field. Start your Canadian adventure today!

Scholarships for Indian Students in Australia

Australia offers a wide range of scholarships designed to support Indian students in pursuing their education at some of the best universities in the world. These scholarships cover various expenses, including tuition, living costs, and travel. 

Below are some of the most popular scholarships available for Indian students:

Scholarship Coverage Eligibility Program Overview
Australia Awards Scholarships Fully funded (tuition, living expenses, travel) Undergraduate, graduate, and PhD students Fully funded scholarships for students pursuing programs in Australia.
Destination Australia Scholarship Up to AUD 15,000 (INR 8 Lakhs) per year Students studying in regional Australia Provides funding to encourage students to study in regional Australia.
India Global Leaders Scholarship Partial funding for high-achieving Indian students Undergraduate and graduate students Supports high-achieving Indian students at the University of Queensland.

Also Read: Scholarship for Indian Students in Australia

Ready to study in Australia? Discover the Best courses available to study in AustraliaTake the next step towards achieving your academic and career goals in Australia today!

Scholarships for Indian Students in Germany

Germany is a popular destination for Indian students, offering a variety of scholarships that can significantly reduce the financial burden of studying abroad in 2025. 

The below  scholarships open doors to world-renowned institutions, allowing students to pursue their academic goals without worrying about tuition fees and living costs

Scholarship Coverage Eligibility Program Overview
DAAD Scholarships Fully funded (tuition, living expenses, travel) Postgraduate and doctoral students in Germany Fully funded scholarships for postgraduate and doctoral programs in Germany.
Heinrich Boll Foundation Scholarships Tuition, living expenses Students in STEM, arts, or social sciences Provides financial support for students pursuing higher education in Germany.
Deutschlandstipendium EUR 300 (INR 26.6K) per month Undergraduate and graduate students in Germany Merit-based scholarship for undergraduate and graduate students in Germany.

Also Read: Scholarships in Germany for Indian Students 

Top Fellowships for Indian Students to Study Abroad in 2025

Fellowships provide a unique opportunity for advanced study, research, and professional development. These programs are tailored to support Indian students and professionals pursuing excellence across the globe. 

Let’s explore the top fellowships available for Indian students to study abroad. 

1. Fulbright-Nehru Fellowships (USA)

This prestigious fellowship supports Indian students, professionals, and artists aiming to study or conduct research in the USA. It focuses on fostering cultural exchange and academic growth.

Coverage 
  • J-1 visa support
  • Round-trip economy class air travel from fellow’s home city to the host institution in the USA 
  • Funding for tuition and fees, living, and related costs
Eligibility Indian citizens with at least 3 years of work experience in relevant fields.
Key Areas Arts, sciences, public health, and more.

2. Chevening Scholarships (UK)

Chevening is designed for emerging leaders and professionals who want to pursue a one-year master’s degree in the UK. It empowers individuals to create global change in their fields.

Coverage EUR 22,000 (INR 19L) in total
Eligibility Outstanding professionals with leadership potential.
Key Areas Global studies, international relations, and more.

3. Humboldt Research Fellowships (Germany)

The Humboldt Research Fellowship is a prestigious opportunity for early-career researchers to pursue long-term, self-designed research projects in Germany.

Coverage Monthly stipend of EUR 2,670 (INR 2.4L)
Eligibility Must have completed their doctorate within the last 4 years.
Key Areas Open to researchers across all academic disciplines.

4. DAAD Research Fellowship (Germany)

DAAD fellowships enable Indian students to conduct cutting-edge research at German institutions. They also support academic excellence in STEM, social sciences, and other disciplines.

Coverage Monthly stipend of EUR 2,400 (INR 2.1L)
Eligibility Graduate students with research proposals in STEM or social sciences.
Key Areas Engineering, social sciences, natural sciences, and more.

Benefits of Scholarships and Fellowships for Career Growth

Scholarships and fellowships are not just financial aid; they are stepping stones to a successful career. Both offer unique advantages that can transform one's academic and professional journey and open doors to unparalleled opportunities.

How Do Scholarships Enhance Career Opportunities?

Scholarships do more than cover your tuition—they can shape your career in meaningful ways. Here are a few: 

  • Focus on Academics: With financial stress alleviated, you can focus on excelling in your studies and developing your skills.
  • Strong Resume: Scholarships highlight your academic achievements, making your profile stand out to employers and top universities.
  • Networking Opportunities: Many scholarships provide access to alumni, mentors, and industry leaders, opening doors to internships and job prospects.
  • Access to Prestigious Institutions: Scholarships can make top universities and programs more accessible, offering you a competitive advantage.
  • Career Credibility: Earning a scholarship showcases your potential and determination, making you an attractive candidate in competitive fields.

How Fellowships Accelerate Professional Development

Fellowships aren’t just funding—they’re a chance to fast-track your career.  Here’s how fellowships contribute to your professional development.

  • Networking Opportunities: Fellowships connect you with industry experts, mentors, and peers, expanding your professional network.
  • Hands-On Experience: You'll gain practical experience working on specialized projects, boosting your credibility and expertise.
  • Leadership Pathways: The recognition and skills gained through fellowships make you a strong contender for leadership roles in your field.

Choosing the Right Opportunity: Scholarship or Fellowship?

Selecting between a scholarship and a fellowship depends on your academic level, career aspirations, and field of interest. Understanding the below  factors will help you make an informed decision to achieve your goals.

  • Assess your academic level—undergraduate, postgraduate, or professional—and align it with your career goals.
  • Research the availability of scholarships or fellowships specific to your field of interest and expertise.

Examples of When to Choose a Scholarship

Here are some examples of when to choose a scholarship: 

  • You are an undergraduate student in need of financial assistance to pursue higher education.
  • You excel academically or in extracurricular activities and seek recognition and support to advance your studies.

Examples of When to Choose a Fellowship

Here are some examples of when to choose a fellowship: 

  • You aim to conduct advanced research or gain niche professional training in your area of expertise.
  • You are a professional seeking to build your industry-specific skills and enhance career prospects through mentoring and networking.

How upGrad Can Help You Study Abroad in 2025

Planning your academic future or securing funding for higher education can be daunting, but upGrad is here to help. Here’s how upGrad can simplify the process of understanding scholarships vs. fellowships in 2025.

1. Know the Key Differences
Get clear insights into scholarships and fellowships, helping you choose the best option for your goals through abroad scholarships.

2. Application Guidance
Access expert advice on applying for both, ensuring your applications are strong and meet all criteria.

3. Eligibility Assistance
Understand the requirements for various scholarships and fellowships so you know where you stand.

4. Personalized Support
Our team will help you find scholarships or fellowships suited to your profile and aspirations with our study abroad with upGrad program.

5. Application Writing Help
From drafting essays to polishing your application, we’ll assist you every step of the way while writing your statement of purpose.

6. Post-Application Support
Stay on track with follow-ups and explore more opportunities if needed.

7. Top Universities Offering Scholarships with Skills 

upGrad partners with leading universities worldwide to offer you both financial support and top-tier academic opportunities. 

Here's a look at some universities providing scholarships that can help you achieve your study abroad dreams.

Book a free counseling session with upGrad and explore scholarships and fellowships that can help you achieve your academic dreams.

Frequently Asked Questions (FAQs)

1. What is the main difference between scholarships and fellowships?

Scholarships provide financial aid for education, while fellowships are designed to support research, professional development, or advanced study.

2. Can Indian students apply for fellowships abroad?

Yes, many international fellowships like the Fulbright-Nehru and DAAD Research Fellowships are open to Indian students.

3. Are scholarships only for undergraduate students?

No, scholarships are available for undergraduate, graduate, and even doctoral programs based on merit, need, or talent.

4. Do fellowships require work experience?

Many fellowships, incredibly professional and research ones, require relevant work or academic experience in the field.

5. Can scholarships and fellowships cover full expenses?

Yes, some opportunities, like Chevening Scholarships or Rhodes Fellowships, provide full funding, including tuition, living expenses, and travel.

6. What is the eligibility for scholarships in 2025?

Eligibility depends on the scholarship type but generally includes academic merit, financial need, or specific talents such as sports or the arts.

7. Are fellowships limited to academics?

No, fellowships also support professional development in areas like teaching, leadership, and industry-specific training.

8. How can I find scholarships for Indian students?

You can explore government programs, university websites, and platforms like UpGrad for guidance on available scholarships.

9. What documents are needed for fellowship applications?

Common requirements include a CV, recommendation letters, a research proposal, and proof of academic or professional achievements.

10. Can I apply for both a scholarship and a fellowship simultaneously?

Yes, you can apply for both if you meet the eligibility criteria, but they must align with your academic and professional goals.

11. How does UpGrad help with scholarships?

upGrad assists with identifying and applying for scholarships and provides exams, applications, and admission processes.

Jyotsna Singh

With over a decade of expertise in international education, Jyotsna has held impactful roles at the British Council, Unilodgers, a prominent UK university, and IDP Education, empowering countless students by not only enhancing their educational experiences but also by offering them guidance in securing essential scholarships and financial aid. She is dedicated to helping students achieve their academic goals through tailored guidance and financial support.

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