👉 A bursary is a financial aid or scholarship offered to students who have demonstrated exceptional academic achievement and commitment to their studies, often through merit-based criteria. These scholarships are typically awarded on the basis of academic performance, extracurricular activities, community service, and other relevant factors. Bursaries can be provided by universities, colleges, or non-profit organizations that recognize the value of a student's educational journey and aim to support them financially during their time at school. The purpose of burs