The best replacement for scholarship is grant.

The best alternatives to scholarship are rated as following:
★★★★★  grant
★★★★  fellowship
★★  bursary
★★  financial aid
★  stipend
★  award
★  grants
★  research
★  sponsorship
★  exhibition
  grant difference
  hope grant
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  walk on
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  zell miller
  academic scholarship
  athletic scholarship
  grants taxable

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Speaking about scholarship, one probably shouldn't forget about gre.

Other search terms related to scholarship and their ratings are:

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