Definition of "bursary" [bur•sa•ry]

• A treasury, especially of a public institution or religious order. (noun)
• Chiefly British A scholarship granted to a university student in need. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Concordia has agreed to make a $500 student bursary for every 1000 fans they get to their Facebook page."
• "Recommending that all schools and colleges offer university bursary competitions is tokenistic when the upfront support provided to less privileged students through EMA has already been removed."
• "JP Morgan helped set up a travel bursary at Kingston University, Philip Russell's old college, for students who propose a project that will in some regard help others; his parents sit on the panel that awards the prize each year."