bursary
noun
- monetary award made by any educational institution or funding authority to individuals or groups
Wiktionary
Pronunciation: /ˈbɝsɚi/ / /ˈbɝsəɹi/
noun
Etymology: Borrowed from Medieval Latin bursaria, from bursarius.
- A monetary award to university students that allows them to continue their studies.
- The treasury of a religious order or public institution.