An exhibition is a type of historical financial scholarship or bursary awarded in the United Kingdom and Ireland.
An exhibition is historically a small financial award or grant, of lower status than a "scholarship", given to an individual student based normally on grounds of merit or demonstrable necessity.
They have been used at universities of Dublin, Oxford, Cambridge and Sheffield, as well as some public schools and other UK educational establishments.
The term is in decline because financial assistance to students is increasingly given on the grounds of need rather than scholastic merit, and because the value of historically long-standing exhibitions has dwindled due to inflation.
The public schools of Westminster, Charterhouse, St Paul's, Winchester, Harrow and Wellington College award exhibitions.