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.
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.
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.
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.
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.
Master Builders KwaZulu-Natal will be awarding bursaries to KwaZulu-Natal-residing students, to pursue their studies within the Built Environment sector (National Certificate/ Diploma/ Degree/ Apprenticeship/ other related qualification as approved by the Bursary Committee).
Opportunities to study in Hungary are available through the 2021 Stipendium Hungaricum.
The Hungarian Government is offering 100 scholarships to South Africans to study at participating public universities in Hungarian. The scholarship consists of Bachelor’s, Master’s and PhD scholarships.
The Municipal Council of Elias Motsoaledi Local Municipality invites applications for financial Assistance from well-performing matriculates who wish to further their studies at institutions of high learning.
Shortlisted candidates will be contacted – should you not receive feedback within 30 days, please regard your application as unsuccessful.