The most common types of awards administered by UBC are:
Scholarships
Scholarships are merit-based awards for academic achievement. Other merit awards for community involvement or athletic achievements may also be available.
Bursaries
Bursaries are assessed based on unmet financial need. Student awards based only on financial need are not shown on a student's transcript.
You can find a full list of how UBC defines different types of awards in the Academic Calendar.