Cryptic crossword clue
South African in luxury vehicle has the means around him to purchase scholarship grant 7

The most common and most likely answer to this crossword clue is the 7 letter word BURSARY

B
U
R
S
A
R
Y

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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does BURSARY mean?

BURSARY noun
  1. A monetary award to university students that allows them to continue their studies.
  2. The treasury of a religious order or public institution.

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