Tag Archives: bursary

Financial Aid and Bursaries in South Africa

South African bursaries
In today’s economy, work and jobs are scarce and skilled workers are in great demand. Bursaries are offered across all industries to students to further their studies after completing a high school diploma and obtain a higher education qualification at a local college or university providing them with better opportunities and future career.

What is a Bursary?

A bursary is a program that provided financial assistance to students by personal individuals or companies. This means that students who qualify for a bursary will receive funds in order to further their education. Most important, bursaries are for those students who require financial assistance. The student will receive money to cover their studies and gain a higher qualification.

Most bursaries do have terms and conditions attached, and some require students to work for the companies that offer them bursaries to pay back the loans after they have completed their studies. Some bursaries aim to complete pay for a students tuition, while some supplement the student fees.

How do bursaries work?

In order to follow a professional career you need an education. However, for some individuals this is not possible due to financial strains. This is when a bursary is the answer. Take note that a bursary is not the same as a scholarship. Scholarships only cover tuition fees and is based on merit, wile bursaries cover tuition as well as book fees, living allowances, pocket money and in some cases a guarantee of work after successful completion of studies.

Do you qualify for a bursary?

In most cases bursaries are offered to those students who are in need of financial aid, and show a dedication to further their education. It is not recommended to apply for any and all bursaries available, but rather for those that you qualify for. If you choose to apply for a bursary make sure that you qualify and meet all requirements as specified in the bursary application. Before applying for any bursary make sure you do a thorough before applying and compare different bursaries and what they offer so that one applies to a suitable bursary. A candidate must make sure that all criteria is met for the requirements as not to waste their and the companies time.

Before applying for a bursary

Before applying for any bursary, you need to decide on a career and professional working career to want to follow. Most bursaries have specific terms and conditions that need to be met so you should look at the companies that offers bursaries in your chosen career path and see if you are a fit for their needs.

Where to find bursaries?

To a find a bursary that is right for you, simply do a Google search for bursaries in South Africa. To help you get started, here is a short list of websites where you can find a bursary that fits your career dreams:

Bursaries SA
Khetha
SA Bursaries
NSFAS

Other articles to read with more bursary opportunities:

South African Institutions and Companies offering Bursaries Part 1
South African Institutions and Companies offering Bursaries Part 2
South African Institutions and Companies offering Bursaries Part 3

Have you had dealings with NSFAS? Please complete survey

NFSAS News 24 Survey

Student protests around the country over the past week or so have really captured the imaginations of South Africans and raised conversations and debate around funding for education. But the protests and concerns, as we know, are not new. Many university students and particularly previously black-only institutions have been decrying financial exclusion fees and other issues for years now.

NSFAS (National Student Financial Aid Scheme) – its working, its funding, its ability to get money back from loans granted in the past – is also coming to the fore once again. It’s the National Student Financial Aid Scheme. They’re currently giving aid to just over 420 000 students a year.

Have you had any dealing with NSFAS? We want your feedback. Whether good or bad, what’s been your experience of the NSFAS financial aid programme?

To complete the News24 2-minute survey – CLICK HERE

Are you looking for a Bursary in South Africa?

Bursaries in South Africa

Are you looking to further your education and create better working opportunities for yourself but struggling to find the financial means to do so? Perhaps you should think of applying for a bursary. Currently in South Africa work is scarce and skilled workers are in great demand!

Bursaries are sponsorships given by companies to qualifying students to study further and achieve a great qualification for better work opportunities and a decent future.

What is a Bursary?

A bursary is a monetary award made by an institution to individuals or groups of people who cannot afford to pay full fees. It is a monetary award that is granted on the basis of financial need. This means that funds are made available by a company for a student who wants to study further and who qualifies can do so but moreover need the financial assistance to do this.

Bursaries are not the same as scholarships. Scholarships are merit-based and are awarded for academic achievement. Bursaries are financial-need based awards that do not have to be repaid with money. However some bursaries require that you ‘pay back’ your bursary by committing to work at your benefactors company for a period of time, usually for the same amount of time that the bursary was supplied for.

Work back your Bursary

However some bursaries require that you ‘pay back’ your bursary by committing to work at your benefactors company for a period of time, usually for the same amount of time that the bursary was supplied for. Not all bursaries have this requirement.

How to find a Bursary?

To help you get started and find the right bursary for you, here is list of sources and companies offering financial aid to students:

National Student Financial Aid Scheme
SA Bursaries
Bursaries SA
goStudy
Africa Education
SA Study
Career Help
ETDP SETA
Funza Lushaka Bursary

For more information click here

Further eduction and training opportunities for the Class of 2013

Minister of Higher Education and Training, Dr Blade Nzimande
Minister of Higher Education and Training, Dr Blade Nzimande

 

The Department of Higher Education is encouraging all students who recently passed their matric exams to think about continuing their education and training,  and is promoting the numerous opportunities that are available to them. Higher Education Minister Blade Nzimande has stated that there is a catalog of opportunities available to the Class of 2013.

Apart form the existing higher education institutions, two new universities have opened their  doors, one in  Mpumalanga and one in the Northern Cape. There are also plans to build an open  a further 12 Further Education Training (FET) colleges this year.

Given the higher pass rate of the Class of 2013, higher education institutions are expecting an increased demand for places in the post-school education and training system. Blade Nzimande stated that, “This significant increase in successful candidates with predominantly Bachelor and Diploma entrance National Senior Certificates will have implications for the Department in relation to enrollments within higher education institutions.

The Education Department is well aware of the fact that passing matric is a huge step in the live so of South African youth and is encouraging all them to think about continuing their education and look at the  400 000 opportunities available to them in the post-school education and training system, whig includes 25 universities, 50 FET colleges and 21 Sector Education and Training Authorities.

The following opportunities are available to students:

– 197 946 new entrant opportunities in universities;
– 23 000 Engineering and Business studies opportunities at FET colleges;
– 44 000 National Certificate Vocational programme opportunities at FET colleges;
– 10 000 artisanal opportunities at FET colleges.

Nzimande also mentioned that in collaboration with FET colleges, SETAs and employers, there  are 93 000 occupational directed apprenticeship and learnership opportunities available and an additional 12 000 artisanal opportunities within the retail auto sector.

There are also more than 16 000 learnerships available from the various SETAs across the country. The Department of Education is making every effort to communicate these opportunities to students via various departmental career guidance initiatives and career festivals. The department in collaboration with the SABC also produced weekly short programs providing information ranging from career guidance and information s about universities and FET colleges.

Nzimande and the Department of education is calling on all students to to apply for further study opportunities. The department has set up a dedicated website and call centre to assist students. Students that cannot afford to call these centre are able to request the centre to call back via ‘please call me back’ messages.

Nzimande admitted that there was always more that could be done to assist students in their decisions to further their education and career guidance and that it is the goal of the department to place at least two career guidance councilors in all FET colleges across the country in 2014.

 

Challenges facing higher education system

Nzimande has reiterated that there are many challenges for the department when it comes to available space for students who wish to further their education and training. It is the aim of the government to expand the FET college sector as  per the National Development Plan which requires that government produce at least 30 000 qualified artisans per year by 2030.

 

Bursaries, grants and student financial aid

Nzimande stated that the government has set aside R8.3-billion in financial aid for students to further their education and training. This year the National Student Financial Aid Scheme (NSFAS) will be assisting 205 000 students at universities and 215 000 students at FET colleges via student loans and bursaries. On top of that, a further R497 million will be available via the National Skills Fund for critical skills programmes that are needed for the growth of the economy.

Source:  SANews.gov.za

R21 million bursary deadline for North West youths is fast approaching

Bursary application

 

There are 71 bursaries worth more than R21 million available for North West youths to apply for and further their education and training and acquire skills that are scarce in the province including civil engineering to accounting, architecture and anthropology.

In order to address the province’s critical shortage of skills, the North West Premier’s office is calling on all learners and unemployed youths residing in the province to apply for the bursaries and further their education and training on a full-time basis at tertiary institutions.

Other available courses include community development studies, LLB degrees, civil engineering, quantity surveying, BSc Occupational Therapy, BSc Speech Therapy, BSc Agric, aviation, town planning, supply chain management, archival studies and records management, financial management, amongst others.

For all those interested, application forms can be obtained from the Office of the Premier, district communication offices, district and local municipality offices and labour centres across the province.

The only conditions and requirements for the bursaries is that all applicants must have passed matric in the previous years or they must already be studying at tertiary institutions. Preference will be given to those applicants from poor areas or those who are performing well academically but are in need of financial assistance. People with disabilities are strongly encouraged to apply

The deadline for submission is January 10.

Source: SAnews.gov.za