What is the primary purpose of scholarships and fellowships?

The primary purpose of scholarships and fellowships is to fund research and college education. These financial awards are designed to assist students and researchers by providing the necessary financial resources to pursue their academic and professional goals, thereby alleviating some of the financial burdens associated with higher education and research endeavors. Scholarships typically help cover tuition fees and other related educational expenses, while fellowships may provide additional funding for research projects, often supporting advanced studies or specific areas of inquiry.

This focus on educational advancement and research funding distinguishes scholarships and fellowships from other forms of financial assistance, such as those aimed at personal expenditures like retirement or housing costs, which do not align with their intended purpose.