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A bursary [1] is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into study.
An incentive program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive programs are particularly used in business management to motivate employees and in sales to attract and retain customers .
The Davis United World College Scholars Program is the world’s largest privately funded international scholarship program. [1] [2] It awards need-based scholarship funding, aka the Shelby Davis Scholarship, to graduates of schools and colleges in the United World Colleges (UWC) movement to study at 106 select partner universities in the United States.
By 1983, the Summer Language Bursary Program had a budget of $13 million per year, which the then-languages commission Max Yalden thought was a better investment than the "bilingual bonus" being paid to federal civil servants; at the time the SLBP was turning away two out of every three applicants. [1]
To gain a Bursary, students had to achieve an aggregate score of at least 250 from up to five Bursary subjects; each subject marked out of 100 with Art counting as a double-subject. An 'A' Bursary was awarded to candidates achieving a total score of 300 or higher, while 'B' Bursaries were awarded for scores between 250 and 299.
The Jefferson Scholarship is a merit scholarship that provides four years of fully funded study at the University of Virginia in the United States. Considered one of the world's most prestigious [citation needed], the scholarship covers tuition and room and board, and also provides money for summer travel, independent research, and study abroad.
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By 1900, the travelling scholarship had become an important part of settler universities' educational visions. It served as a crucial mechanism by which they sought to claim their citizenship of what they saw as the expansive British academic world. The Rhodes program was a copy of others that soon became the best-known version. [8]
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