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 and bursaries:
- National Student Financial Aid Scheme
- Bursaries SA
- Africa Education
- SA Study
- Funza Lushaka Bursary
- Bursaries South Africa