What is the difference between a bursary, study options and scholarship

Answer 1

A bursary is a form of financial aid that is usually awarded to students who demonstrate financial need. It is usually a one-time payment that is used to cover tuition fees or other educational expenses.

Study options are the various ways a student can pay for their education. This could include taking out a loan, applying for grants or scholarships, or using personal savings.

A scholarship is a form of financial aid that is awarded to students based on academic merit or other criteria. Scholarships are usually awarded by universities, organizations, or individuals and can be used to cover tuition fees, living expenses, or other educational costs.