tuition - n. money that is paid to a school for the right to study there
eligible - adj. able to do or receive something
expensive - adj. costing a lot of money
afford - v. able to pay the cost of something
pinching pennies - phrase, trying not to spend any more money than necessary
physician - n a medical doctor
fellowship - n. a financial award to study something or do research
cap - v. a limit on how much can be spent