Is there a difference between scholarships and discounts offered by universities?

Yes, there is a difference between scholarships and discounts offered by universities.

- Scholarships are merit-based or need-based awards that do not need to be repaid. They often require an application, have specific eligibility criteria (such as academic excellence or community involvement), and may cover all or part of your tuition.

- Discounts are direct reductions in tuition fees, sometimes given automatically for reasons like early application or alumni status. They usually don’t require a separate application.

Both options can reduce your costs, but they differ in eligibility and application process.