What does 奨学金 mean?
奨学金 is a Japanese noun meaning “scholarship” in English. It can also be translated as “student loan” depending on context. It is written as 奨学金 in kanji, しょうがくきん in hiragana, and shougakukin in romaji. This word is part of JLPT N3 vocabulary.
Example sentence
彼はその奨学金に応募した。
He applied for the scholarship.