Let me explain myself, the official definition is "scholarship holder", but in some places it is a position in a company, sometimes is a pro bono position but most of the times is an entry level job.
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I am not sure if "trainee" could be considered the same thing but it looks like a good candidate.
Trainees and Interns can still get paid, even if its a stipend. However, a "Volunteer" does not get paid, although reimbursement for expenses, meals, lodging, transportation, clothing, supplies and other fringe benefits can be provided. If your intent is to use a "Scholarship Holder" (also knows as a "Grantee", "Recipient" or "Beneficiary") who has been assigned a school project to gain experience (also known as an "Internship") at a business, hospital, legal practice, etc., then the word "Intern" applies.