Definitions

1. noun

The office or position of a bursar, or the management of financial or business affairs.

“The university’s bursarship team handled the financial transactions for the upcoming semester.”

2. noun

A grant or award of money for education or research.

“She received a prestigious bursarship to study abroad in her junior year.”

3. noun

A system or procedure for managing or distributing financial resources.

“The school implemented a new bursarship system to ensure fair distribution of financial aid.”