bours

“Bours” is a term used in the financial world to refer to a type of scholarship or grant given to students to help cover the costs of their education. Unlike loans, bours do not need to be repaid, making them a valuable resource for students seeking financial assistance for their studies. One example of a bours program is the Fulbright Scholarship, which provides funding for students to study, conduct research, or teach abroad. This program has helped thousands of students pursue their academic goals without the burden of debt. According to a study by the National Center for Education Statistics, the average amount of bours awarded to undergraduate students in the United States in the 2018-2019 academic year was $7,800. This shows the significant impact that bours can have on a student’s ability to afford a college education. To better understand the concept of bours, think of them as a gift that helps alleviate the financial strain of pursuing higher education. Just like receiving a bours is like being handed a lifeline that allows you to focus on your studies without worrying about how to pay for it. One verifiable fact about bours is that the Federal Pell Grant program is the largest source of bours in the United States, providing over $30 billion in funding to low-income undergraduate students each year. This demonstrates the importance of bours in making higher education accessible to students from diverse economic backgrounds.