What do bursaries do

It is recommended to do a thorough search before applying and compare different bursaries and what they offer so that one applies to a suitable bursary. A candidate must ensure that all criteria is met for the requirements as not to waste their and the companies time. Firstly you would need to decide upon the career you would like to pursue and then have a look at bursaries in that line. Most bursary programs have specific requirements that needs to be met so have a look at the companies that offers bursaries in your chosen career path and see if you are a fit for their needs.

There are a wide range of bursaries available and if you cannot find a suitable one on this site, do not give up. Do a search on the internet, talk to family and friends and find out which companies might be able to offer you a bursary that suits your needs.

Most bursary applications need to be submitted online, so you may need to create an online account to submit the application for the bursary program. The steps to create an account should be available on the application guidelines of the bursary you are applying to.

After you have applied for the bursary program, it is time for you to wait for the results. You should be informed when the results of the bursary program are made available.

Be patient, as there are lots of students applying for this financial aid and only a handful of them will win the award. Sometimes the bursary committee may shortlist you for the award and ask you for an interview. To increase your chances of landing a life-changing bursary, you should give a GrantMe program a try. Our scholarship experts not only find you the top-rated scholarships that you have the highest chance of winning, but we will even help you with the application process.

All you need to do is sign up. UBC Sauder's admission process is competitive and comparative. Your application will be evaluated…. Students like you are accepted and awarded scholarships each year. Let's make it happen for you. Close Menu About. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.

These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Family Finances Saving For College. What Is a Bursary Award?

Key Takeaways A bursary award is a monetary grant given to eligible students or prospective students by an educational institution such as a university. Like scholarships in the U. Bursaries must be applied for, with special consideration given to those with the greatest hardship, as well as members of underrepresented and underserved social groups.

So, probably the summary of bursary vs. Both scholarships and bursaries cover the educational expenses of students based on academic performance and financial needs. Meanwhile, scholarships are more inclined to fund students with outstanding academic performance, and bursaries are mostly prone to support students in financial need.

Before you consider spending time finding and applying to bursaries, do an estimated calculation of whether your and your family's income is low enough to be funded. Bursaries tend to support students who do not have the option to pay for their education, even with parents' help. Among the many applicants, the bursary committee will choose the ones who need the support most.

So, pre-scan the requirements before you start collecting the documents. Otherwise, you may spend the same time and effort to apply for the funding programs where you are more likely to succeed, such as scholarships, grants, etc.

Before you start searching the web for bursary opportunities in your location, check your university's website. If not all educational institutions, the majority provide some financial assistance to their students via financial aid programs and bursaries. In contrast to bursary granting organizations, you have more chances to win the university's funding where you are admitted. Independent organizations do a wide selection, while universities are focused on their student base.

You will already have the collected documents, which are usually the same for all bursary programs.