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A young man (in bowtie) receives a scholarship at a ceremony. A scholarship is a form of financial aid awarded to students for further education.Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience.
A bursary [1] is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into study.
Scholarships can be granted from a wide variety of places including but not limited to colleges, universities, corporations and local small businesses. Unlike grants and loans, there is no ceiling ...
An exhibition is historically a small financial award or grant, of lower status than a "scholarship", given to an individual student based normally on grounds of merit or demonstrable necessity. They have been used at universities of Dublin, Oxford, Cambridge and Sheffield, as well as some public schools and other UK educational establishments. [1]
Scholarships and means-tested bursaries to assist the education of the less well-off are usually awarded by a process which combines academic and other criteria. [21] [22] Private schools are generally academically selective, using the competitive Common Entrance Examination at ages 11+ or 13+.
The bursaries cover the tuition fees, accommodation, and food and travel allowances for "full time" students, and only tuition fees for "part time" students. [ 10 ] In 2019, as of 20 November 2019 [update] , NSFAS had received 365,922 applications for financial aid in 2020, compared to the 278,738 applications it had received the year prior.
The first scholarship examination by the University of New Zealand was held in May 1872. [4] [5] After 1962, scholarships were awarded by the Universities Entrance Board. The New Zealand Qualifications Authority took over the work of the Universities Entrance Board in 1991. From 1989 to 2003 scholarships were awarded to the top 3-4% of Bursary ...
The Rhodes Scholarship is an international postgraduate award for students to study at the University of Oxford in Oxford, United Kingdom. The scholarship is open to people from all backgrounds around the world. [1] Established in 1902, it is the oldest graduate scholarship in the world.