* Scholarship: Generally awarded based on merit (academic achievement, athletic ability, talent, etc.). They are often awarded competitively, and the applicant needs to demonstrate their excellence in a specific area. Scholarships can be offered by colleges, universities, private organizations, or corporations.
* Grant: Primarily awarded based on financial need. The applicant must demonstrate a lack of sufficient funds to cover their educational expenses. Grants can come from government agencies, foundations, or non-profit organizations. While merit might be a *factor* in some grant programs, it's not the primary criterion for selection.
* Fellowship: Typically awarded to advanced learners pursuing graduate-level studies, postdoctoral research, or other professional development. Fellowships often involve a combination of financial support and a specific work commitment, such as research, teaching, or other projects related to the fellowship's purpose. While financial need might be considered, it's less central than the applicant's potential for contribution to the field. Fellowships can be highly competitive and are often awarded by universities, foundations, or government agencies.
In short:
* Scholarship: Merit-based award
* Grant: Need-based award
* Fellowship: Advanced study award often involving research or other work commitment
It's important to note that the lines can sometimes blur. Some awards might incorporate aspects of multiple categories. For example, a fellowship might consider financial need in addition to merit, or a scholarship program might have a limited number of awards based on need within a larger merit-based pool. Always carefully review the specific requirements and criteria of each award.