ELI5: Explain Like I'm 5

Bursary

A bursary is like free money given to help people go to school or college. It is usually given to people who can't afford to pay for their education by themselves and so need a bit of help. It is like a scholarship but with a bursary you don't have to do anything special to get the money, you just have to need it and be willing to use it to help you with your education.