What is the difference between the following financial options :

>Bursary
>Study options
>Scholarship

A bursary is a financial award given to a student to cover the cost of tuition fees, accommodation, and other related expenses. Bursaries are usually awarded based on financial need or academic merit, and they do not have to be repaid.

Study options refer to the different ways in which a student can pursue their studies. This can include full-time or part-time study, distance learning, online courses, or vocational training.

A scholarship is a financial award given to a student to cover the cost of tuition fees, accommodation, and other related expenses. Scholarships are usually awarded based on academic merit, talent, or other criteria, and they do not have to be repaid. Unlike bursaries, scholarships are often awarded by external organizations or institutions.