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- Scholarships and bursaries are financial awards granted to students based on academic achievements, talent, need, or a combination of these factors. Unlike loans, scholarships don't require repayment, making them an invaluable resource for students who may need extra financial assistance.
www.ucas.com/money-and-student-life/money/managing-money/scholarship-guidance-uk-students
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Fortunately, there are extra sources of financial support available in the form of scholarships, bursaries, and grants – we explain the differences between these below. Unlike student loans, you don’t have to pay these back – they’re essentially free money.
Do you consider household income when deciding who receives an academic scholarship? How many academic scholarship awards are available each year? Apart from achieving the necessary grades, is there anything else a student should do to apply, or to be eligible for an academic scholarship?
- What Are The Differences Between Scholarships, Bursaries and Grants?
- Who Can Apply For A Scholarship, Grant Or Bursary?
- How Much Money Will You Get from A Scholarship, Bursary Or Grant?
- Where Can Students Find Scholarships, Grants and Bursaries?
- How Do You Apply For One?
- So How Can You Stand Out from The Crowd?
- Alternatives to Bursaries and Scholarships
- Our Partnership with UEA
All of these awards refer to sums of money that you do not have to repay. The main differences between the three come down to what the award is based on, and who it is offered by – although there’s no set rule for this and they are also often used interchangeably. 1. Scholarshipsare usually awarded to students to recognise an achievement. This coul...
There are hundreds of scholarships, grants and bursaries out there; so all sorts of different people can meet the criteria for one. The kinds of thing you might be awarded one for include: 1. If you do well in your exams or other academic work 2. If you have an extracurricular talent, for example you might be very musical or good at sports 3. If yo...
It completely depends on the award. Some might contribute towards your tuition fees, some may give you money towards living costs and others could be given to you for one very specific purpose – say, to pay for specialist equipment you need for your degree or to help fund study abroad.
Your university’s website is a good starting point. There should be a page covering scholarships or bursaries, listing the awards on offer. You could also pay your student welfare office a visit to see if they know of any financial awards going that you might tick the right boxes for. Your research definitely shouldn’t begin and end with your unive...
The first thing you’ll need to do is put in a bit of research. Find out what scholarships are out there for your university, who they’re for and how you can apply for them. It will require some time and effort, but it’ll all be worthwhile if your application is approved. Next, check when the deadlines are and allow a minimum of two extra days in ca...
Some financial awards are either automatic or only ask you to prove eligibility – for example, if you get specified grades in your exams or if you come from a particular background. With others, however, you’ll have to make an application. And writing an application for a financial award is a bit like going for a job interview – you want to give th...
Even if you don’t qualify or succeed in getting funding in the above ways, there are other avenues available. Rather than giving you funding, some institutions might assess your situation and agree to a fee waiver – which reduces the amount you need to pay. For more on budgeting for university, including student loans, check out our advice on how s...
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Learn how scholarships work for students in our comprehensive scholarship guide, including the different types of scholarships and when to apply.
May 20, 2024 · A scholarship is a financial award to help support you in your studies and are usually awarded to students excelling in a subject, sport or hobby. The great thing about scholarships? You don’t have to pay them back! Scholarships cover a variety of different things when at university.
What are bursaries, scholarships and grants? We’ll explain what these words mean and how they could help fund your university education.