A scholarship consists of non-repayable funds, which are distributed based on previous academic achievement. For example, Fleming Academic Excellence Entrance Scholarships are awarded on the basis of high school academic achievement. Sometimes you apply for scholarships and sometimes they are awarded. A loan is a repayable fund distributed based on financial need. You must apply for a loan.
Students apply for grants.
An academic award recognizes the academic and community achievements of students during their course of study with the college. Students are selected for these awards based on specific criteria. Fleming provides a bursary program to assist students with basic living costs while attending college. College bursaries are available for those Fleming students who exhibit the greatest financial need. Bursaries are intended to supplement educational resources such as government loans, employment earnings, scholarships, other externally administered bursaries and family contributions.