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Academic scholarships are usually fairly substantial funding packages, awarded to the best students who apply for a particular Masters. Schlumberger Foundation Faculty for the Future Fellowships – Postgraduate scholarships for women in engineering, science and other STEM-related studies at universities worldwide. The difference among scholarships, grants, and fellowships for graduate students. The USA South Athletic Conference's Postgraduate Scholarship is a one-year, one-time, renewable (two years total) $1,500 per-year scholarship awarded annually to one female and one male student-athlete who participated at a USA South institution and meet the stated criteria. The International Merit Scholarship is an international scholarship awarded for graduate programs at the University of Dayton in the United States. The university is offering financial aid for all admitted students through scholarships, and the following scholarship is one of them. 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