Bursary definitions

bûr'sə-rē
A treasury, especially of a public institution or religious order.
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A scholarship granted to a university student in need.
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A treasury, esp. of a college.
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In Scotland and Canada, a university scholarship.
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A monetary award to university students that allows them to continue their studies.
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Origin of bursary

Medieval Latin bursāria from bursa purse bursa