scholarship -
financial aid provided to a student on the basis of academic merit
economic aid,
financial aid,
aid the activity of contributing to the fulfillment of a need or furtherance of an effort or purpose; "he gave me an assist with the housework"; "could not walk without assistance"; "rescue party went to their aid"; "offered his help in unloading"
award,
prize a grant made by a law court; "he criticized the awarding of compensation by the court"
scholarship -
The sum of knowledge accrued by scholars; the realm of refined learning.
scholarship -
The first year of high school, often accompanied by exams that needed to be passed before advancement to the higher grades.
Wikipedia
A scholarship is an award of financial aid for a student to further education. Scholarships are awarded on various criteria usually reflecting the values and purposes of the donor or founder of the award.