Scholarship vs Freeship

Many students wish to study abroad but get tensed by the thought of fee expenses. You have to plan your expenses well before going abroad to pursue your studies. To reduce the monetary burden, students can choose to apply for scholarships or freeships. Applying for a scholarship or freeship can cover various expenses including tuition-fee, living expenses, monthly expenses etc. If you are interested in knowing more about scholarships and freeships, continue reading this blog on Scholarship vs Freeship, created just for you.

What is a Scholarship?

Scholarships are programs that offer financial aid or grant money awarded to students on various criteria including academic, ethnicity, gender, country of origin and etc. Scholarship decision is based on assessing your application. The grant money is pre-decided and is awarded to many domestic and international students motivating them to pursue their education.

Types of Scholarship 

The following are the types of scholarships students can apply for:

• Academic Scholarships – Academic scholarships are merit-based scholarships that are offered to students with an excellent academic record or extracurricular performance 
• Subject Specific scholarships are provided to students depending on a particular subject of study
• Student Specific scholarships are offered to students belonging to specific various criteria including academic, ethnicity, gender, country of origin and etc
• Sports Scholarships – These scholarships are offered to students who are exemplary in athletics and are a top-notch sportsman

What is a Freeship?

Freeship as the name suggests provides a total exemption on tuition fees. Freeship is a financial aid as well that encourages students to study abroad. Generally, freeships are offered to students who hail from financially weaker backgrounds. Along with academic excellence, freeships are equal to 100% scholarship. In the USA, many universities offer need-based scholarships to students.

Difference Between Scholarship and Freeship

Scholarship	Freeship
Scholarships are financial aid or financial grant awarded to students to help them pay for their education	Freeship are financial aid awarded to students to exempt the whole or partial tuition fees
Scholarships are offered depending on various criteria	Freeships are generally offered to students who belong to economically weaker backgrounds
Students are eligible for scholarships based on their application and academic records	In order to apply for freeships, students need to fulfil required terms and conditions

Top Scholarships for International Students in USA

The following are the top scholarships for international students:

Scholarship	Grant
Fulbright Scholarship	Full tuition fees and other expenses
Stanford University Scholarship	Full tuition fees and other expenses
University of New Haven Scholarship	75% of tuition fees
University of Memphis Scholarship	Varies
Onsi Sawiris Scholarship	Full tuition fees and other expenses

How to Apply for a Scholarship or Freeship

The application method for a scholarship or freeship may vary depending on the university. The following are the steps to apply for a scholarship for freeship:

• To apply for a scholarship you will need to visit the website of your chosen institution
• You can select to apply for a merit-based scholarship while filling up your application form 
• You can apply for other specific scholarships separately on the institutions’ website 
• You will have to provide the supporting documents for your selected scholarship 
• You may also be asked to provide a written essay describing your statements 
• Keep in mind to apply before the application deadlines

FAQs

Well, we hope that this blog has provided you with the relevant knowledge related to scholarship vs freeship. And if you are planning to study abroad, contact our study experts call us at 1800-572-000, and book your free counselling session today. You can also connect with us at the Leverage Edu website.