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A bursary

British  

noun

  1. the higher of two bursaries available for students entering university, polytechnic, etc Compare B bursary

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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A bursary named after Hollywood star Michael Sheen to help Welsh students go to Oxford University has been announced.

From BBC Apr. 20, 2021

A bursary is what an English undergraduate would call a "Schol."

From The Right Stuff Some Episodes in the Career of a North Briton by Ian Hay

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