What is a scholarship?

Question

an amount of money given to somebody by an organization to help pay for their education an amount of money given to somebody by an organization to help pay for their education a thing that is borrowed, especially a sum of money that is expected to be paid back with interest a thing that is borrowed, especially a sum of money that is expected to be paid back with interest a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose a quantity of money, i.e., financial assistance, given by a government, organization, or person for a specific purpose a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for financial aid

Answer 1

A scholarship is a financial aid given to individuals by an organization, government, or person to help cover their educational expenses. It is typically awarded based on various criteria, such as academic achievement, talent, or financial need. Unlike loans, scholarships do not need to be repaid.