Start living, making money from scholarship (8)
I believe the answer is:
learning
'scholarship' is the definition.
('learning' can be a synonym of 'scholarship')
'start living making money' is the wordplay.
'start' indicates taking the first letters.
'making money' becomes 'earning' (I've seen this before).
The first letter of 'living' is 'l'.
'l'+'earning'='LEARNING'
'from' is the link.
(Other definitions for learning that I've seen before include "Erudition - education" , "A little of it is said to be a dangerous thing" , "Large inn (anag)" , "information" , "Aquiring skill or knowledge" .)