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A scholarship is a financial award provided to students to support their education, typically based on academic achievement, financial need, or specific talents. Scholarships can cover tuition, books, living expenses, or other educational costs, helping students access opportunities they might not afford otherwise. They are offered by universities, governments, non-profits, and private organizations, often tailored to specific fields, demographics, or goals. Unlike loans, scholarships do not require repayment, making them a valuable resource for aspiring students. Scholarships foster academic excellence, diversity, and innovation while empowering individuals to pursue their dreams and contribute meaningfully to society.
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