BURSAR, literally a keeper of the bursa or purse (M.Lat. bursarius). The word is now chiefly used of the official, usually one of the fellows, who administers the finances of a college, or of the treasurer of a school or other institution. The term is also applied to the holder of "a bursary," an exhibition at Scottish schools or universities, and also in England to a scholarship or exhibition enabling a pupil of an elementary school to continue his education at a secondary school.