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When someone is paying the bill for you. Example: When a guy buys you a drink at the bar, you are on scholarship.
I am on scholarship, I just got a free drink!
by AudreyB15 July 10, 2017
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Something adults tell you to apply for, because supposedly they lie in abundance. Like all other things adults say, it's a lie. Unless you scored a 2200 + on your SATS, spent your free time tutoring children with dyslexia, wrote your college entrance essay on the human genome project and its relation to modern feminism, your chances of getting one are slim.
Parent: "Mike got a full-ride to Baylor. He can't even spell his own name but he's the nations #1 200 meter runner, and has been All-American every since he sprinted out of the birth canal. You see Jake you could get a scholarship too".

Jake:"Fuck off mom you said the same thing about college.
by David M. Kennedy July 26, 2006
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the ship that carries the scholar to his/her goals
One student from my class was the recipient of the DuPage County Health Improvement Association Scholarship! He doesn't have to pay for school this semester!
by DreamDog November 28, 2010
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A very special award you may earn during graduation, which is basically money good toward college.
"When I won a scholarship during my graduation on May 27th of 2004, I was literally stupified! Now it's so tempting to spend it on something good but I better put it to college."
by Dave June 29, 2004
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