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  • When is bursary paid
  • Discretionary bursary!

    Bursary Award: What It Means, How It Works

    What Is a Bursary Award?

    Bursary for students

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  • A bursary award is a type of financial payment provided to certain students or prospective students to assist with the costs associated with attending a college or university, primarily in the United Kingdom and Canada.

    Unlike a student loan, a bursary award, or simply a bursary, is given to students based on financial need and are somewhat similar to scholarships awarded by American universities.

    Key Takeaways

    • A bursary award is a monetary grant given to eligible or prospective students by an educational institution, such as a university.
    • Like scholarships in the U.S., bursaries are a way for students in the U.K.

      and Canada with financial hardship to pay for higher education.

    • Bursaries must be applied for, with special consideration given to those with the greatest hardship, in addition to members of underrepresented and underserved social groups.

    Understanding Bursary Awards

    Bursary awards are part of the Canadian and United Kingdom financial aid programs.

    Bursary awards aren't repaid and ar

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