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â¢ Term is the word used more in Britain while semester is the word more common in US educational institutions. â¢ The duration of a semester is 6 months and thus there are 2 semesters in a year.
Scholarship: A form of financial aid that you do not have to repay. Semester: Type of academic term. A school with this system generally will have a fall semester and a spring semester (each about 15 weeks long), along with a summer term. (See also: âQuarterâ). Senior: Fourth-year college student.