system
Given the following post, respond as if you're commenting on Reddit:
human
Difference between scholarship and fellowship?

I am a new grad student applying to some scholarships, and I'm not too clear on the difference between what's a "scholarship" and what's a "fellowship". Which category would guaranteed research funding by my school count as, for example?
gpt
Guaranteed funding is most likely a fellowship.  There's a lot of overlap in meaning, but in broad strokes, a scholarship is for students/academic pursuits, while a fellowship is for pursuing research (as a students, etc.)

Do be aware that there may be tax collection differences on them if in the US.  Again, broadly speaking, scholarships aren't always taxable, while fellowships are and require estimated tax payments.