Latest Bursaries for the Year 2015
Below is a Bursary pack consisting of the latest bursaries in the current year. Browse through the document and Apply Now! Click HERE for the Bursary Pack.
Types of Funding
A scholarship is academic financial sponsorship awarded to an academically deserving student which consists of conditions and criteria the candidate must meet. The sponsorship awarded covers at the least a portion of the studentís tuition, if the payment made does not fully cover the fees the student or their parents have to make up the rest. The good thing about a scholarship is that the student does not have to pay any of the money back. In most cases the beneficiary of the scholarship has to maintain a certain average in terms of their marks and stick to conditions set by the sponsor. For example an athletic scholarship may require that you maintain a 60 % average and do very well in athletics.
|Benefits||Studies are paid for & with no need to pay back||Studies are paid for & you stand a good chance of being employed by the company that sponsored your studies upon completion of studies||Studies are paid for & loan payment required after completion of studies (depends on loan)|
|Repayment||No payment required||You pay back your sponsor in the form of service equivalent to the length of time they paid for your studies||The payment options of various loans may vary but you are expected to pay back the money with interest once you are working, some loans require that the interest of the loan be paid on a monthly basis|
|What is covered||A scholarship may cover the full costs of your academics and nothing else or a portion of other expenses, if it is a full scholarship it covers all expenses associated with your studies||It covers the full expenses associated with your studies||In most instances it only covers the tuition fee|
|Sponsor Expectations||You may be expected to partake in certain activities that may be cultural or extra mural as part of the scholarship agreement, you may also be expected to maintain a certain average in terms of your marks||You may be expected to pass all your modules and/or maintain a certain average||You are expected to finish your studies so you can pay back the loan|
|What happens if you do not maintain the expected standards||The scholarship is revoked but you are not expected to pay back the money||The bursary is revoked and you are expected to pay back the money||You are expected to pay back the money with interest|
Search for Busaries at the SETAs
Latest Scholarships for 2016 Academic year
If you have a mobile device with Internet access, you can access this website at: www.gostudy.mobi
REAP - The Rural Education Access Programme
The Rural Education Access Programme assists students from poor rural communities to access tertiary education. REAP provides rural students with a support and development programme to enable success with their studies. It aims to develop confident young South Africans, with capacity and sound values. Visit the following link for more information.
If you are looking to finance your studies, you could raise part of the money through a bursary and part through a loan. You would still most likely need to work part-time as well. Most people have to work their way through their studies! These links may help you to find some of the possible sources of funds. If you come across more sources of funds you think will help others, please let us know. You can comment on this page and on our Facebook Page.