A scholarship is a paid form of reward to students based on their overall academic achievement or if they have met all the requirements by a sponsor. Every student’s background story may differ, but the financial gap in paying for tuition fees is still evident today.
There are two forms of scholarships that students can apply for, namely:
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.
Only 26% of graduates finish their three-year degrees - This is according to the recently released and audited Vital Stats Public Higher Education 2016 report, which finds that the number of students who drop out of higher education institutions has increased to staggering proportions.
Sanlam is offering bursaries to scholars who have enrolled to study actuarial science.
If you are a whiz at maths, enjoy a good challenge by solving difficult problems and are willing to remain focused and disciplined through years of studying and training, then you are just who Sanlam is looking for.
The Old Mutual Education Trust (OMET) applications are open to all participating union members and their dependents. The funding from this scholarship will allow for the pursuit of any tertiary qualification at one of South Africa’s public higher education institutions.
The Oppenheimer Memorial Trust (OMT) awards a limited number of scholarships annually. These scholarships are for postgraduate study at public Higher Education Institutions in South Africa at Master’s, Doctoral and Postdoctoral level.