Fellowship vs. Scholarship

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Mozartain: Senior | Next Rank: 100 Posts; Posts: 49; Joined: Tue Nov 11, 2008 8:38 pm; Thanked: 3 times; GMAT Score:740

Fellowship vs. Scholarship

by Mozartain » Mon Dec 15, 2008 3:13 am

What's the difference between the two in US system? and what are the practical implications?

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Source: Beat The GMAT — Ask an MBA Admissions Consultant | Mon Dec 15, 2008 3:13 am

Lisa Anderson: MBA Admissions Consultant; Posts: 3845; Joined: Wed Feb 06, 2008 8:57 pm; Location: Houston, TX; Thanked: 442 times; Followed by:148 members

by Lisa Anderson » Mon Dec 22, 2008 12:52 pm

Dear Mozartain,

There are some variances on the meaning of fellowship between universities and degree programs in the US. In terms of business school, fellowships are extremely rare and uncommon. If a business school offers an award to an admitted student, it is usually a scholarship for tuition remission (meaning it only applies to tuition, not fees or other expenses).

Regards,
Lisa

Lisa Anderson
Consultant
Stacy Blackman Consulting

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