Bursaries and scholarships are a great way for young South Africans to further their education and training, without the financial burden of student loans. These financial aids are provided to students based on their financial need, academic performance, or specific criteria set by the awarding organization.
There are various bursaries and scholarships available for young South Africans to pursue higher education and training. Some of the most well-known include:
National Student Financial Aid Scheme (NSFAS) – This government-funded bursary is available to students from low-income households who are studying at public universities and TVET colleges in South Africa.
Department of Higher Education and Training (DHET) – DHET offers bursaries and scholarships to students from disadvantaged backgrounds who are pursuing higher education and training in fields such as engineering, science, and technology.
Private companies and organizations – Many private companies and organizations also offer bursaries and scholarships to young South Africans who are pursuing studies in specific fields such as engineering, accounting, and IT.
Professional bodies such as South African Institute of Chartered Accountants (SAICA), Engineering Council of South Africa (ECSA) also offer bursaries for students who are pursuing careers in their respective fields.
Non-profit organizations – There are also a number of non-profit organizations that offer bursaries and scholarships to young South Africans who are pursuing higher education and training, such as the Nelson Mandela Foundation and the Oppenheimer Memorial Trust.
It’s important to note that the criteria and application process for bursaries and scholarships may vary depending on the organization offering them, so it is important to research the different options available and to apply as early as possible.
In addition to these, there are also many other bursaries and scholarships that are available to young South Africans. The best way to find out about these is to research online, check with your school, or visit your local college or university to inquire about financial aid options. Remember that competition is fierce for these opportunities, so it’s important to have good grades, demonstrate financial need, and have clear idea about your career path.
In conclusion, bursaries and scholarships can be a valuable resource for young South Africans who are seeking to further their education and training. By researching the different options available and applying early, students can take advantage of these opportunities to reach their full potential and achieve their goals.