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A bursary is a type of award given to an individual (typically for students) for meeting certain requirements. The advantage of a bursary is that it is not a loan and therefore does not need to be paid back. The disadvantage of a bursary, while not many, could be that one may not have the requirements of obtaining a certain bursary.

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Abigail Blanda

Lvl 10
3y ago

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