Articles
Bursaries
A bursary is a monetary award that is given to students who need financial assistance to study further. Bursaries are different from scholarships, which are based on academic merit. Bursaries are based on financial need and sometimes other criteria, such as your field of study, your background, or your community involvement.
A bursary can help you pay for your education expenses, such as tuition fees, books, accommodation, transport, and living costs. A bursary can also help you achieve your career goals and improve your future prospects. By doing a bursary, you can:
- Gain a qualification that is relevant to the industry and the job market
- Learn new skills and knowledge that you can apply in your work
- Get exposure to different aspects of the work environment and the culture
- Receive guidance and support from experienced professionals
- Build your network and connections with potential employers
Some bursaries may require you to work for the sponsor after you complete your studies. This is called a work-back obligation. This means that you have to repay the bursary by working for the sponsor for a certain period of time. This can be a good opportunity to gain work experience and secure employment.
How to Find and Apply for a Bursary?
There are many sources of bursaries that you can explore. Some of the most common ones are:
- Government: You can apply for bursaries from the National Student Financial Aid Scheme (NSFAS) or other government departments or agencies that offer funding for specific fields or sectors.
- SETAs: You can apply for bursaries from the Sector Education and Training Authorities (SETAs) that offer funding for specific industries or occupations.
- Companies: You can apply for bursaries from private companies that offer funding for their own employees or potential employees.
- Institutions: You can apply for bursaries from colleges, universities or training providers that offer funding for their own students or prospective students.
- Organisations: You can apply for bursaries from non-governmental organisations (NGOs), foundations, trusts, or associations that offer funding for specific causes or groups.
To apply for a bursary, you will need to prepare a CV, a cover letter, and possibly some supporting documents that show your eligibility and suitability for the bursary. You will also need to research the sponsor and the bursary you are applying for and tailor your application accordingly. Depending on the sponsor, you may also have to complete an online form, a test, an interview, or a presentation.
A bursary is a valuable opportunity that can help you fund your education and achieve your career goals. By applying for a bursary, you can access quality education and improve your future prospects.