Student bursaries offer free money that one does not need to repay. Students who might otherwise find it challenging to finish university studies are presented with bursaries. It does not always imply that financial need is the only consideration when awarding bursaries. Sometimes their goal is to persuade specific student populations to pursue higher education in general or a particular subject.
Although it can be confusing because sometimes one can use the phrases scholarships, grants, and bursaries interchangeably, they are all the free money that one does not need to repay. The word “grant” is used in the dictionary to clarify what the term ‘bursary’ means. Therefore, there is no distinction between the two terms.
What’s the difference between a bursary and a scholarship?
The phrases ‘bursary’ and ‘scholarship’ are synonymous in universities. However, there is usually one distinction-
Scholarships are likely to be competitive, with affluent benefactors frequently supporting them.
Bursaries are often automatic, non-competitive, and determined by financial necessity. You can also refer to them as ‘awards.’
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