Do we pay Zakah as a student on a bursary?
If you are spending all the bursary money, then there is no zakat due on it. However,
if you are saving more than the nisab (or similarly if what you save from it, combined with any other personal savings and investments you have exceeds the nisab, then zakat is due once you have been in this state for one lunar year. Please check other answers and resources on sunnipath.com for further details about how to compute zakat.
Answered By Shaykh Faraz Rabbani