Scholarships are typically merit-based, meaning they’re awarded to students who have achieved academic excellence. Bursaries, on the other hand, are need-based, meaning they’re awarded to students who demonstrate financial need.
What is a bursary?
A bursary is a sum of money that is awarded to a student to help them pay for their studies, and cover tuition fees, living expenses, and/or other costs associated with their studies. Bursaries are typically awarded based on financial need and do not have to be repaid. Bursaries often come from organizations or institutions rather than from individual donors.
What is a scholarship?
A scholarship is an award of financial aid for a student to further their education. Scholarships are awarded based on academic merit. Scholarships can also be awarded for other achievements, such as sporting or musical ability. Scholarships can be used to cover tuition fees and living expenses, but can also include other benefits such as travel allowances or research grants.
How to apply for a bursary or scholarship
Here’s how to get started:
1. Research the different types of bursaries and scholarships that are available. There are many different types of awards out there, so it’s important to do your research and find the ones that best fit your needs and qualifications.
2. Check the eligibility requirements. Each award has its own set of eligibility requirements, so make sure you read through them carefully before starting your application.
3. Gather the required documents and information. Once you know which awards you’re eligible for, start gathering the required documents and information needed for your application (e.g., transcripts, letters of recommendation, etc.).
4. Fill out the application form and submit it by the deadline. Be sure to fill out the form completely and accurately, and submit it
Do you have to pay back a bursary?
Do you have to pay back a bursary? No, you do not have to pay back a bursary. Because bursaries are need-based, they’re designed to help students cover the costs of education that they wouldn’t be able to afford otherwise. So, if you receive a bursary, you can use it to pay for tuition, books, and other education-related expenses.
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