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Pros and Cons: Bursaries


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Bursaries are one of the options for student funding that you may be investigating. In this mini series of articles names Pros and Cons, Bursaries Portal outlines the advantages and disadvantages of scholarships, bursaries and student loans. 

Pros

With bursaries, there is no need to pay back the money you are funded with since it is not a loan.

You are not required to pay for your studies since someone, or an institution pays for it. 

The bursary may also grant you extra allowances for certain things such as a book allowance, residence or personal care allowance. 

 

Cons

Bursary programmes can be difficult to get in to and have many interviewers and tests you must go through. 

You may lose the bursary if you don't pass all your courses. 

For certain bursaries, you may need to do some work or volunteering with the organisation after finishing your studies or during your studies. 

 

To read about the pros and cons of scholarships, click here. To read about the pros and cons of student loans, click here.

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Latest Bursaries

Flywire aims to award a total of seven scholarships of $5,000 USD each. These scholarships will be awarded across different themes. 

These are the themes:

  1. Social justice
  2. Global citizenship
  3. Global health

Closing date: 21 June 2021

Sanlam is offering bursaries to scholars who have enrolled to study actuarial science.

If you are a whiz at maths, enjoy a good challenge by solving difficult problems and are willing to remain focused and disciplined through years of studying and training, then you are just who Sanlam is looking for.

Closing Date: 31 July 2021

Jakes Gerwel Fellowship is a full university scholarship that provides extensive mentoring and leadership development for graduate students with a passion for teaching and education.

The Old Mutual Education Trust (OMET) applications are open to all participating union members and their dependents. The funding from this scholarship will allow for the pursuit of any tertiary qualification at one of South Africa’s public higher education institutions.

The Oppenheimer Memorial Trust (OMT) awards a limited number of scholarships annually. These scholarships are for postgraduate study at public Higher Education Institutions in South Africa at Master’s, Doctoral and Postdoctoral level.

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