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With the cost of tertiary education in South Africa always increasing, thousands of students who cannot afford university or college fees are unable to access higher education. Prospective students are always advised to look out for any funding opportunities.

As a recent graduate, establishing a solid foundation is crucial for your future financial success. If you're beginning your career in South Africa, consider the following tips for long-term financial planning after repaying your student loans.

While short courses come with the advantage of enabling you to complete them within a shorter time span than a traditional qualification, they are usually not funded by well-known bursary schemes such as NSFAS among others.

While pursuing postgraduate studies can offer numerous benefits, these courses can also be expensive. Applying for a bursary to cover your study costs is always a good choice for students who need financial assistance.

Some reports have indicated that South Africa has a looming shortage of teaching professionals, with the current workforce expected to retire in 2030. However, the Department of Education continues to recruit teaching graduates through one of its programmes for specific areas of teaching.

Bursaries allow millions of students to complete their tertiary education studies without ever having to worry about the costs. There are many different ways to apply for a bursary and what is needed for this application.

If you're planning on studying Humanities or Social Sciences, there are a number of institutions, companies and foundations offering bursaries for students pursuing tertiary education in these fields. 

Psychology is the scientific study of the mind and behavior. Psychologists are actively involved in studying and understanding mental processes, brain functions, and behavior. 

NSFAS plays a huge role in lowering the barriers to entry into tertiary education for millions of South Africans. To meet the rising demand for its funding assistance, the scheme has also made amendments to its funding model.

The price of higher education is often out of reach for many of the country's financially disadvantaged aspiring tertiary students. Fortunately, bursaries often serve to bridge this gap and there are a few that are specifically intended for students enrolled in programs within the STEM field.


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