Difference between Scholarship, learnership, Bursary and Internship.

Duncan Profile picture By Duncan
Aug 23, 2012
Scholarship:
A college scholarship is the money available to college students to pursue their education and fulfill their dreams.  Scholarships are sponsored by government and non-government organizations and are made 
 
Bursary:
A bursary is a monetary award that is granted on the basis of financial need. Bursaries are different than scholarships. Scholarships are merit-based and are awarded for academic achievement. Bursaries are financial-need based awards that do not have to be repaid with money. However some bursaries require that you 'pay back' your bursary by committing to work at your benefactors company for a period of time, usually for the same amount of time that the bursary was supplied for.

Learnership:
A learnership is a structured learning process for gaining theoretical knowledge and practical skills in the workplace leading to a qualification registered on the NQF.
A learnership is outcomes-based and not time-based and allows for recognition of prior learning. Learnership duration varies but the average is about 18 months. 

Internship:
Internships provide real world experience to those looking to explore or gain the relevant knowledge and skills required to enter into a particular career field. Internships are relatively short term in nature with the primary focus on getting some on the job training and taking what’s learned in the classroom and applying it to the real world 










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