A partial bursary is a type of financial aid that provides partial coverage of educational expenses such as tuition, books, and living expenses.
It is different from a full bursary, such as the National Student Financial Aid Scheme (NSFAS), which typically covers all expenses related to a student's education. A partial bursary is usually awarded based on financial need, academic merit, or a combination of both.
The amount of the bursary is determined by the awarding organisation and is designed to help cover a portion of the student's expenses. Here are some examples of partial bursaries that are annually made available in South Africa:
Allan Gray Orbis Foundation – This non-profit organisation provides partial bursaries for students pursuing a commerce-related degree at a South African university. The bursary covers up to 50% of tuition fees and also includes mentorship and leadership development opportunities.
Absa Bank Bursary – Absa, one of South Africa's largest banks, offers partial bursaries to students pursuing degrees in commerce, engineering, and science. The bursary covers up to 50% of tuition fees and provides students with opportunities for work experience.
Standard Bank Bursary – Standard Bank, another leading South African bank, offers partial bursaries for students pursuing degrees in commerce, engineering, and IT. The bursary covers up to 50% of tuition fees and provides students with opportunities for work experience and leadership development.
Sanlam Actuarial bursaries – Sanlam, a financial services company, offers partial bursaries for students pursuing degrees in commerce and engineering. The bursary covers up to 50% of tuition fees and provides students with opportunities for work experience and leadership development.
These are just a few examples of the many partial bursaries that are made available in South Africa. If you are a student in need of financial aid, be sure to research these and other opportunities to help finance your tertiary education.
It is also important to note that with a partial bursary, the student may still be responsible for covering some of their own expenses, either through additional financial aid or personal funds.
In contrast, a full bursary typically covers all expenses related to the student's education, making it a more comprehensive form of financial aid.
