Bursaries and other financial aid initiatives are offered by government departments, companies and private sponsors. Funding is mainly awarded to previously disadvantaged young people who can not afford a higher education. Bursaries can be found in almost every field of study from engineering to journalism, however in order to apply students will have to meet certain requirements set by benefactors.
Scholarships are also a form of student funding, however scholarships are primarily awarded to students with outstanding academic, artistic, athletic or other abilities. Scholarship money does not need to be repaid and therefore it is the most desirable form of funding and the hardest to obtain. Do you need financial aid? Find a bursary or scholarship in your field of study.
Gauteng Education MEC Panyaza Lesufi is worred about the drop in interest in studying accounting at Gauteng schools.
In March 2018, the Department of Trade and Industry proposed amendments to The Skills Development Element set out in Statement 300 of the BBBEE Codes, introducing a separate target for bursaries and increasing the cap on informal training from 15% to 25%.
"Financial assistance is available to high school learners and students of tertiary institutions in the Eastern Cape who are looking to pursue careers which involve maths and science.”
Sasol has established a reputation in the market as an employer of choice. The Sasol bursary scheme boasts an all-inclusive package recognised in South Africa for being highly competitive.
The Department of Science and Technology Bursary Scheme is give away bursaries to students at university and learners with good results in maths and science.
30 students have been awarded scholarships to the tune of R14 million to study at
the World Maritime University.
The initiative is part of SAMSA?s goal to entrench South Africa as one of the
world?s top 35 maritime nations.
One of the biggest challenges faced by new students at Varsity will be planning their finances, says Leonora Swart the financial manager at Boston City Campus and Business College. She has some great advice to ensure that your transition from school to varsity is as painless as possible.