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What Is The Difference Between NSFAS & ISFAP

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The Ikusasa Student Financial Aid Programme (ISFAP) recently opened applications for its new bursary cycle. The programme is aimed at providing financial relief to students, and is often compared to NSFAS.

Despite the many comparisons, the ISFAP bursary is different to the National Student Financial Aid Scheme (NSFAS). Sifanele Biyela, Regional Project Manager at ISFAP, explained the difference between the two in an interview on the Careers Portal Youtube channel

What is The ISFAP Bursary?

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The Ikusasa Student Financial Aid Programme (ISFAP) is a bursary programme for tertiary students. So, what kind of support do students receive?

The programme was established in response to the Fees Must Fall movement, as government saw the need to cater to poor and missing middle students. 

Now, ISFAP boasts itself to be a well-rounded financial aid programme, as students receive more than financial aid. 

How To Apply For A Student Loan

In society today, there are many students that are not fortunate enough to pursue their dreams of studying. “These days, we are all told how important it is to have some qualification, other than a matric certificate”, says Candice Grobler. One of the many options that are available to students is to apply for a student loan.

What is a student loan?

A student loan refers to money that is borrowed from the government or lender to pay for your college tuition fees. The money that has been borrowed has to be paid back with interest over a period of time.

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.

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.

Top 5 Engineering Bursaries

Each year companies in both the public and private sector commit to providing financial aid to deserving students. This is sometimes awarded in scholarship form but more frequently through a bursary agreement.

Most companies choose to support students who pursue studies in fields related to the organisation's operations, with the aim of recruiting beneficiaries after graduation.

Here we look at the top 5 companies in the engineering sector who offer bursary opportunities to prospective engineering students.

NSFAS: How to Apply Online

If you’re looking for funding for your studies, you probably know you need to go through NSFAS.

You may be a little confused as to how to apply though, so here’s a quick guide on how to apply for NSFAS online.

Get your certified supporting documents ready.

You will need:

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.

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.

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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Latest Bursaries

The Portuguese National Foundation for Science and Technology (FCT) is offering a scholarship for PhD graduates. This scholarship will be awarded in collaboration with the Atlantic International Research Centre (AIR Centre).

Through this scholarship programme, ten PhD grants will be offered to candidates studying in the following fields:

You have the chance to study in Ireland! The Kader Asmal Fellowship Programme is aimed at offering fully-funded scholarship opportunities to South African students. Selected students will be chosen to study at Master’s level in Ireland’s Higher Education Institutions.

Students from Historically Disadvantaged Institutions are encouraged to apply.

Matric learners are invitied to take part in the The University of Free State star of stars competition. 

Learners who are top academic achievers and residing in the Free State province will be considered. Applicants must have applied to study at the UFS before the closing date in order to enter the Star of Stars competition.

SATI is awarding bursaries for Undergraduate and Postgraduate studies.

Bursaries will be awarded in the following fields of study:

Are you in high school and in need of funding for your studies?  The South African National Roads Agency (SANRAL) wants to help you study further.

Learners from grades 8 to 12 are invited to apply for funding. You can get funding regardless of your subject choices!

Closing date: 30 September 2021.

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