In many universities, scholarships are given in installments (e.g., monthly or per semester) to cover tuition and living expenses. A lump-sum scholarship gives the recipient the full amount upfront.

"Deep tech" refers to cutting-edge technology that aims to solve large-scale global problems through scientific and engineering breakthroughs. These often utilize highly sophisticated innovations and require substantially long research and investments. Examples includes SpaceX for reusable orbital-class rockets, Nanosys Inc. on molecular nanotechnology, PsiQuantum for quantum computing and Terradot for geoengineering.