[skol-er-ship] 
| 1. | learning; knowledge acquired by study; the academic attainments of a scholar. |
| 2. | a sum of money or other aid granted to a student, because of merit, need, etc., to pursue his or her studies. |
| 3. | the position or status of such a student. |
| 4. | a foundation to provide financial assistance to students. |
| schol·ar·ship (skŏl'ər-shĭp') n.
|
ərˌʃɪp