The difference between Bursary and Scholarship

Bursary as a noun:

A monetary award to university students that allows them to continue their studies.

Bursary as a noun (dated):

The treasury of a religious order or public institution.

Scholarship as a noun:

A grant-in-aid to a student.

Scholarship as a noun:

The character or qualities of a scholar.

Scholarship as a noun:

The activity, methods or attainments of a scholar.

Scholarship as a noun (uncountable):

The sum of knowledge accrued by scholars; the realm of refined learning.

Scholarship as a noun (Australia, dated):

The first year of high school, often accompanied by exams that needed to be passed before advancement to the higher grades.

Scholarship as a verb (intransitive):

To attend on a scholarship.

Scholarship as a verb:

To grant a scholarship.