What is the difference between a Fellowship and a Scholarship?

Fellowship funding is usually awarded for doctoral research based on the various specialized areas. It is merit-based, but generally not need-based. Fellowship funding is generally discretionary for student awardees to use as they see fit to support themselves while pursuing graduate study. They often come with a stipend.

Scholarship are usually based on merit and are sometimes need-based. They usually must be applied directly to tuition and directly related expenses, and do not include stipends.