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scholarship

[skol-er-ship] /ˈskɒl ərˌʃɪp/
noun
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.
Origin of scholarship
1525-1535
1525-35; scholar + -ship
Synonyms
1. See learning.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for scholarship

scholarship

/ˈskɒləʃɪp/
noun
1.
academic achievement; erudition; learning
2.
  1. financial aid provided for a scholar because of academic merit
  2. the position of a student who gains this financial aid
  3. (as modifier): a scholarship student
3.
the qualities of a scholar
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for scholarship
n.

1530s, "status of a scholar," from scholar + -ship. Meaning "learning, erudition" is from 1580s; sense of "source of funds for support or maintenance of a scholar" is from 1580s.

Online Etymology Dictionary, © 2010 Douglas Harper
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