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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.
Grant eligibility is typically determined by financial need. The application process is set by the agency providing the funds and often relies on data submitted via the FAFSA. While the terms grant and scholarship are frequently used interchangeably, there is a difference. Scholarships may have a financial need component but rely on other ...
A scholarship is defined as a grant or payment made to support a student's education, awarded on the basis of academic or other distinction. [1] "Scholarship" has a different meaning in the United States than it does in other countries, with the partial exception of Canada. Outside the U.S., scholarship is any type of monetary award to fund ...
The Federal Work-Study Program originally called the College Work-Study Program [1] and in the United States frequently referred to as just "work-study", is a federally funded program in the United States that assists students with the costs of post-secondary education. The Federal Work-Study Program helps students earn financial funding ...
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The bursary also covers a few post-graduate student qualifications (such as a postgraduate certificate in education). [13] [14] Those who do not qualify for NSFAS (due to not meeting the means test), can still apply for bursaries and scholarships if they need funding for their tertiary studies.
These can include funding for scientific research, infrastructure development, public health initiatives, and education programs. Examples include the Pell Grant in the United States, which helps low-income students pay for college, and the Horizon Europe program, which funds research and innovation projects across Europe.
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