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GlossaryFinancial

What is Bursary / Fee Waiver? Meaning, Full Form & Guide (2026)

UK Australia

Quick Definition

A bursary is a financial award (typically £500–£5,000) given by UK universities to students demonstrating financial need. Fee waivers eliminate or reduce tuition fees, awarded on merit or financial grounds. Unlike scholarships, bursaries are usually needs-based and automatically assessed from application data.

Bursary / Fee Waiver — Full Explanation

UK universities have statutory bursary obligations. Scottish universities offer maintenance grants. Australian universities offer fee waivers to top applicants. Bursaries are usually awarded automatically — no separate application needed. Check each university's bursary eligibility criteria.

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UK
Australia
AS

Written & reviewed by

Arjun SinghAcademic Counsellor — Test Prep & Complex Profiles
600+ students

Frequently Asked Questions

Some UK universities offer international bursaries (£1,000–£5,000) but they are less common than domestic ones. Check the university's international scholarship page specifically.

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