bursary

[bur-suh-ree]
noun, plural bursaries.
1.
Ecclesiastical. the treasury of a monastery.
2.
British. a college scholarship.

Origin:
1530–40; < Medieval Latin bursāria treasurer's room, derivative of bursārius a treasurer. See bursar, -y3

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World English Dictionary
bursary (ˈbɜːsərɪ)
 
n , pl -ries
1.  Also called: bursarship a scholarship or grant awarded esp in Scottish and New Zealand schools, universities etc
2.  (Brit)
 a.  the treasury of a college, etc
 b.  the bursar's room in a college

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Etymonline
Word Origin & History

bursary
"treasury," 1690s, from M.L. bursaria "treasurer's room" (see bursar).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Relatively recently, bursary money for pre-service teacher training was made available at both the national and district level.
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