Stipend
Part of speech: noun
Definition: a fixed payment, generally small and occurring at regular intervals; a modest allowance
Scholarship
Part of speech: noun
Definition: a grant-in-aid to a studentthe character or qualities of a scholaractivity, methods or attainments of a scholarthe body of knowledge accrued by study or research in a certain fieldThe first year of high school, often accompanied by exams that needed to be passed before advancement to the higher grades.