All about Scholarships, Grants and Bursaries for University

All about Scholarships, Grants and Bursaries for University

Scholarships, grants and bursaries are financial awards that are designed to help support students financially through their studies. They can be awarded for many different reasons and this is often dependent on the type of organisation that is awarding the scholarships. Different organisations will have different motives for offering scholarships.  

When applying to university it is always recommended to check withthe university you are applying to whether they have any scholarships you might be eligible for. Most universities do have a range of scholarships on offer and you will find them either listed on the university website or by searching The Scholarship Hub database.

But there are also a growing number of scholarships out there being offered by companies and charitable organisations. Some of these are offered to encourage students in to specific professions; others are offered to relieve financial difficulties for students from particular locations or backgrounds. These will not necessarily be listed on university websites and can be found on The Scholarship Hub by selecting “no specific university” on the database. 

The thing to remember when looking for any additional funding is that you could be eligible. Do not just assume that you won’t be because you are not in financial difficulty or highly academically gifted.

Here are some examples of types of scholarships available:

1. Academic Excellence Scholarships: many universities are starting to offer scholarships to students who achieve specified grades in their A’levels to encourage the higher achieving students to choose their university. They are not all asking for A*AA, some are offering money for ABB or less.
2. Musical Scholarships: if you have musical talent and would be happy to perform during your stay at the university there are scholarships offering for a wide range of choral and instrumental students. Exeter Cathedral Scholarship Programme offers up to £3,000 a year to sing in the Cathedral.
3. Personal Circumstances: Scholarships that are based on things that are specific to your personal circumstances, such as where you live, where you go to school, what your parents do, if you have been in care or even if you are a vegetarian!
4. Financial Need: These are the more traditional type of scholarships, which award money to individuals who are in financial need, and might not be able to go to university without the money. You will need to prove your financial need.
5. Sporting achievement. It does not matter what you want to study, if you have made outstanding achievements in sport, many universities will offer scholarships to attract the best talent. You will of course have to represent the university at sporting events while 
6. Company scholarships:  More and more companies such as BP, Lloyds, and HSBC are starting to offer scholarships and some include work experience as part of the offer. 
7. Your interests and hobbies – there are some scholarships which are based on your extra-curricular activities such as showing a commitment to social engagement or improving the lives of others.