Scholarship Vs Financing: Understanding the differences, pros and cons

Explore the specifications and differences between the different types of support that swennova offers.

What is the difference between scholarships and financing?

Before you start comparing, we highly recommend first reading the pages corresponding to each type of support, which you can find here.

Read about Swennova Scholarships
Read about Swennova Financing
Swennova Scholarships

Non-refundable contributions

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What they are:

Scholarships are financial supports that cover part or all of the program cost and do not need to be repaid.

Who grants them:

They can be provided by Swennova, educational institutions, companies, governments, or foundations.

How to obtain them:

● By participating in innovation challenges organized by Swennova.
● Through agreements between Swennova and other institutions.
● By demonstrating academic or professional excellence or financial need, according to the established criteria.

Swennova Financing

Deferred or shared contributions

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What it is:

Financing is a deferred or shared payment scheme that allows you to cover the total cost of the program in a more accessible way but must be repaid under the agreed terms.

Who offers it:

It can come from Swennova (in collaboration with institutions or companies), financial entities, or even business support programs.

How it works:

● You can access flexible payment plans.
● Your institution or company can cover a percentage, while Swennova complements it with scholarships or strategic alliances.

Resume Comparison

AspectScholarshipsFinancing
NatureNon-refundable supportSupport that must be repaid or shared
Who offers itSwennova, institutions, companiesSwennova, institutions, or financial entities
AccessMerit, innovation challenges, agreementsPayment plans or agreements with institutions
Future commitmentNoneDeferred payment or repayment terms

Contact Us

Send Us a Message

If you have any questions, we strongly recommend contacting us, we will be happy to answer any questions.

contact@swennova.com
09.00am – 06.00pm
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