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financial aid

What is an academic bursary?

Are you looking for ways to fund your studies? Perhaps an academic bursary is the answer to your financial worries. While financial grants are not easy to come by, it is worth every penny. Academic bursaries can be found in almost every field of study from engineering to journalism. These bursaries can be sponsored by private companies, universities or government departments. The number of bursaries made available by each entity varies. Companies in a particular sector are more likely to fund study programmes in that sector.

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NSFAS: What is NSFAS?

If you’ve been looking for funding for your studies, you may have come across the the term NSFAS. You may be wondering: what is NSFAS? Let’s take a look at what NSFAS is and what it can do for you.

NSFAS: What is NSFAS?

NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.

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Who Can Apply For Sports Bursaries?

Are you gifted in a certain sport?

You could capitalize on your talents and hard work by applying for a sports bursary.

A sports bursary is different to an academic bursary in that it is only awarded to individuals who have achieved in one or more sporting activities.

This enables students who are not necessarily academically-minded to gain access to a higher education.

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How to get a bursary

Obtaining a bursary gets harder each year as more students compete for the same opportunities. While there is no way to guarantee that you are selected there are a few things that you can do to improve your chances. Apply early Don't wait till you reach your matric year to look for financial aid opportunities. By the time you enter Grade 10 you should have started to think seriously about potential careers. Research which higher education institutions offer study programmes that correspond with your career choice.

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What is the 'missing middle'?

In all the news surrounding tertiary education and university fees, a term that comes up often is the 'missing middle'. But what is the missing middle? Who are these people and what does it mean to be part of the missing middle?

Simply put, the missing middle are those too poor to avoid university themselves but also not poor enough to qualify for government funding. In order to qualify for NSFAS, your household income needs to be below R120 000 per year and, while this is great for the disadvantaged, the middle class is underserved by this system.

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NSFAS: Student Centered Model

You may have read recently that NSFAS would be changing the way applications worked. The organisation has adopted what they call a Student Centered Model, completely overhauling the applications system. So what does this mean for you?

NSFAS: What is the Student Centered Model?

The idea behind the Student Centered Model is that students will no longer apply for financial aid through their colleges or universities. Instead, students apply directly to NSFAS and bursaries are awarded after an evaluation of the application.

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Bursaries can lift financial burden

The National Student Financial Aid Scheme (NSFAS) is the biggest government-funded entity used to administer financial aid to struggling students.

In an effort to establish equality in the education sector government has pledged to support underprivileged or disadvantaged students through various financial aid schemes.

Government also offers sector specific bursaries directly through its Departments.

Some private organisations and individuals have joined government's efforts to provide funding to students who are unable to finance their own studies.

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