Pronunciation: (skol'ur-ship"), [key]
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.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.