Stop getting confused between scholarships and fellowships!

What is a fellowship?

“Fellowship” in general terms means financial aid for continuing research in a particular field or opportunity to gain hands-on experience in a preferred area in lieu of employment for that fellowship-granting organization. This Quid pro quo arrangement helps the prospective candidate to complete their training, internship or research without working and devoting time outside their domain or lending extra money to supplement their endeavor.

Conventionally Fellowships have been awarded to graduate and post-graduate Students. Fellowships programme can be worked out in variety of ways to support an array of activities including:

  • In-depth study in particular field
  • research to further your work in  a specific discipline
  • Community-based organizations (CBO) or endeavor can be developed through fellowship programme
  • helping faculty members to unleash their unique potential through Mentoring-fellowship programme
  • providing opportunities to carry out research in particular domain

 1. How fellowship is different from Scholarship

Although the terms ‘Scholarships’ and ‘fellowships’ are often used interchangeably to represent financial aid, they are not the same, there is a minor difference between both these terms. While Scholarships are usually granted on the basis of academic performance or need of the candidate, fellowships are awarded to those who have an extraordinary record of past achievement and have a potential for a brighter future. Fellowship provides financial support to deserving candidate to further their research in specific field or to gain real world experience in a particular field in lieu of internship or other service commitment which may last from few months to several years.

2. Benefits of fellowship

a. Learning through experience

Fellowship programme  often demands working in particular subject-area for  significantly long time this long association with the organization provide them with a unique experience which is not typically available to someone at a threshold of his career. This experience helps them to find a suitable job in the future.

b. Developing relationship with C-level executives

Fellowship programme provides an opportunity to individual fellows to interact with top level executives and CEO’s of the organization through Board meetings, senior manager-level meetings, conferences and seminars.  This helps them to build relationship and contacts which often leads them to secure job in that organization.

c. Development of professional and soft skills

Fellowship programme are structured in such way as to help individual fellows to develop professional and soft skills such as leadership skills, communication skills, research skills, project management skills, problem-solving skills and development of emotional intelligence and strong work ethic.

d. Finally and most importantly, rewards and compensation

Most fellowship programme provides compensation in the form of living allowance or stipend. Although the stipend is not comparable to the full-time job salary but the amount is intended to cover lodging and boarding charges, healthcare coverage and other sundry expenses incurred during the fellowship programme. This compensation package varies greatly from programme to programme and location to location.

e. How to apply for a fellowship

Although eligibility criterion varies from one fellowship programme to another, most fellowship providers do look for key personal attributes like motivation, personal integrity, interpersonal and leadership skills. Fellowship application can be extensive and often includes comprehensive resume, transcript, recommendation letters and a hand written application letter. Sometimes additional application materials such as audio and video clips have to be supplied if the fellowship provider demands.

In the next post, we will be writing about different fellowship opportunities available in India!

ScholFin fellowships

ScholFin has huge database of regional, national and overseas fellowships programme. In addition, ScholFin will also help you to narrow down your search for fellowship and select appropriate fellowship that matches your academic qualification and experiences.

Author: scholfin

ScholFin – India’s First Scholarship Search Engine

ScholFin - India’s First Scholarship Search Engine

One comment on Stop getting confused between scholarships and fellowships!

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Stop getting confused between scholarships and fellowships!

What is a fellowship?

“Fellowship” in general terms means financial aid for continuing research in a particular field or opportunity to gain hands-on experience in a preferred area in lieu of employment for that fellowship-granting organization. This Quid pro quo arrangement helps the prospective candidate to complete their training, internship or research without working and devoting time outside their domain or lending extra money to supplement their endeavor.

Conventionally Fellowships have been awarded to graduate and post-graduate Students. Fellowships programme can be worked out in variety of ways to support an array of activities including:

  • In-depth study in particular field
  • research to further your work in  a specific discipline
  • Community-based organizations (CBO) or endeavor can be developed through fellowship programme
  • helping faculty members to unleash their unique potential through Mentoring-fellowship programme
  • providing opportunities to carry out research in particular domain

 1. How fellowship is different from Scholarship

Although the terms ‘Scholarships’ and ‘fellowships’ are often used interchangeably to represent financial aid, they are not the same, there is a minor difference between both these terms. While Scholarships are usually granted on the basis of academic performance or need of the candidate, fellowships are awarded to those who have an extraordinary record of past achievement and have a potential for a brighter future. Fellowship provides financial support to deserving candidate to further their research in specific field or to gain real world experience in a particular field in lieu of internship or other service commitment which may last from few months to several years.

2. Benefits of fellowship

a. Learning through experience

Fellowship programme  often demands working in particular subject-area for  significantly long time this long association with the organization provide them with a unique experience which is not typically available to someone at a threshold of his career. This experience helps them to find a suitable job in the future.

b. Developing relationship with C-level executives

Fellowship programme provides an opportunity to individual fellows to interact with top level executives and CEO’s of the organization through Board meetings, senior manager-level meetings, conferences and seminars.  This helps them to build relationship and contacts which often leads them to secure job in that organization.

c. Development of professional and soft skills

Fellowship programme are structured in such way as to help individual fellows to develop professional and soft skills such as leadership skills, communication skills, research skills, project management skills, problem-solving skills and development of emotional intelligence and strong work ethic.

d. Finally and most importantly, rewards and compensation

Most fellowship programme provides compensation in the form of living allowance or stipend. Although the stipend is not comparable to the full-time job salary but the amount is intended to cover lodging and boarding charges, healthcare coverage and other sundry expenses incurred during the fellowship programme. This compensation package varies greatly from programme to programme and location to location.

e. How to apply for a fellowship

Although eligibility criterion varies from one fellowship programme to another, most fellowship providers do look for key personal attributes like motivation, personal integrity, interpersonal and leadership skills. Fellowship application can be extensive and often includes comprehensive resume, transcript, recommendation letters and a hand written application letter. Sometimes additional application materials such as audio and video clips have to be supplied if the fellowship provider demands.

In the next post, we will be writing about different fellowship opportunities available in India!

ScholFin fellowships

ScholFin has huge database of regional, national and overseas fellowships programme. In addition, ScholFin will also help you to narrow down your search for fellowship and select appropriate fellowship that matches your academic qualification and experiences.

Author: scholfin

ScholFin – India’s First Scholarship Search Engine

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