Bursary actually differs from student loan because bursary are grants given to help students further their academics while student loan are given to students which they are required to pay back.
What is bursary?
Bursary is actually known as an academic grant that a particular institution gives to a student in order to support the student in his/her academics.
While student loan has to do with the money given to students for any other reason but which must be paid back by the student.
Bursary is not paid back but student loan is paid back.
Learn more about student loan on https://brainly.com/question/16724065
