Are Bursaries and scholarships the Same ? Difference Between a Bursary and Scholarship

Are Bursaries and scholarships the Same ?

Bursaries
Bursaries vary in amounts and professions and are given to students in order to further their studies. In return for funding your studies, the company may require you to repay them by signing a work contract with them. Another type of bursary is a donor bursary (a bursary awarded to a deserving candidate in a specific field of study or in recognition for his/her work in a specific field of study).
Scholarship
A scholarship is a financial award usually given to students based on their outstanding academic achievements. Recipients are not always expected to repay or work back the money they receive.

See Also : Learnerships : Bursaries : Apprenticeships : Traineeships : and Internships Available Now