This question was closed without grading. Reason: Answer found elsewhere
Dec 7 10:21
15 days ago
English term
bursary
English to Polish
Bus/Financial
Insurance
w kontekście umowy ubezpieczeniowej:
Insurers shall contribute their pro rata share of a bursary of XXX USD to be deducted from the first instalment of premium...
Insurers shall contribute their pro rata share of a bursary of XXX USD to be deducted from the first instalment of premium...
Discussion
Difference between award, scholarship and bursary
Scholarships are non-repayable and awarded based on academic merit, such as achieving a certain grade point average, leadership, community involvement, athletic achievement among others.
Bursaries are non-repayable and allocated based on financial need and without undue emphasis on academic standing.
Awards are a combination of merit and financial need.
https://theservicehub.senecapolytechnic.ca/s/article/Differe...