Short Answer 
A bursary is financial aid aimed at helping students afford education, especially those in vulnerable or disadvantaged situations. To qualify, applicants must demonstrate financial need, maintain certain academic standards, and may have special circumstances. Bursaries enhance educational opportunities by increasing enrollment and completion rates, promoting equitable access to education.
Step 1: Understanding Bursaries
A bursary is a type of financial aid offered to students designed to help them pursue their education without the burden of financial strain. It is particularly aimed at supporting individuals who may not be able to afford school fees on their own. The main purpose of a bursary is to facilitate school enrollment and ensure students can complete their education, particularly those who are vulnerable or disadvantaged.
Step 2: Key Eligibility Criteria
To be considered for a bursary, students must meet several specific eligibility requirements. These criteria are important to ensure that assistance goes to those most in need. The main criteria include:
- Financial Need: Proof of insufficient financial resources to pay for education, often assessed through family income and the number of dependents.
- Academic Performance: Maintaining a certain academic standard, usually measured by GPA or performance in standardized tests.
- Special Circumstances: Being part of a vulnerable community, like orphans or those from low-income backgrounds, or facing other unique challenges.
Step 3: The Impact of Bursaries
Bursaries play a critical role in enhancing educational opportunities and outcomes for students. By providing financial support, these funds help increase school enrollment and improve attendance and completion rates. Through bursaries, disadvantaged students can pursue academic opportunities that otherwise may be inaccessible due to financial constraints, ultimately promoting a more equitable education system.