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UK Universities are mainly government funded, with limited funds available for grants to students. In order to avail a scholarship, a student must have excellent grades and should meet the requirements specified in the scholarship.
Many UK Universities have scholarships of upto £5000 specified for students from India, although these are mainly based on merit.
A Bursary is typically given by a University based on a students low financial capacity. It assists them to focus on their studies and avoid distractions such as seeking part time or full time work in order to support their living expenses.
A Grant is often given for special academic /extra-curricula endeavours such as sports or research, they are generally tied to the cost of the activity and not generally awarded direct to the student.
A Scholarship is generally a part or full tuition fee reduction awarded to the student on the basis of merit. It is often used by Universities to influence high achieving students away from their competition and act an incentive to join their institution.
You may be offered a scholarship based on the following criteria:
The Commonwealth scholarship and fellowship plan allows meritorious students residing within commonwealth countries to pursue studies within the commonwealth.
The CSFP is one of the largest and most prestigious scholarships schemes for international study in the world. Since it was established in 1959, 27,000 individuals have benefited. It covers travel, living allowances and all compulsory tuition fees.
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