Financing Education in South Africa: Bursaries & Scholarships in 2024
Studying in South Africa is a dream for many young students. It can be an attractive option to give wings to your career. But, the shortage of money to enroll in your course can stop you from fulfilling your desires. Standard Bank Bursary can provide you with the funds to study in South Africa. This bursary can help you perform better in your academics without putting the burden on your shoulders. But you might want to know how bursaries differ from scholarships. This guide has the answer! Let’s find out the difference between bursaries and scholarships. You can also understand about the different types of bursaries. These are the Standard Bank Bursary, SETA bursary, and ISFAP bursary 2024. Let’s move on and figure out how exactly to get all the money to shine bright in your chosen field!
Once you pass out from your school, you can listen to your heart’s call and select the course in your undergraduate and postgraduate education. Do you want to know which one is a better choice: bursaries or scholarships? Here is all you should know:
Which One Should You Go for: Bursaries or Scholarships?
Bursaries are given to help students who are short of money. They are not given out based on their performance in studies. Bursaries can provide you with the money if you can’t pay for your education. There is no need to pay back the money from your bursary. However, you need to provide the details about your finances. You should also fulfill the requirements to be eligible for the Standard Bank Bursary.
On the other hand, you need to perform well in your studies for the scholarship. Scholarships can be very competitive and frequently need you to continue to show your dedication to your field of competence or maintain a set performance level. Unlike bursaries, scholarships do not depend on your need for money.
You are finally ready to search for the bursaries that you can go for! But wait! Let’s look at the different bursaries that you should know about:
Top Bursaries in South Africa for a Promising Career Ahead!
Getting a bursary can help you stay ahead in your academic career for a promising future. There are a number of bursaries in South Africa in 2024 that provide support to students in various disciplines. Let’s go through the requirements to be eligible for the bursary. You can also understand how these bursaries can be helpful for your academics:
1. Standard Bank Bursary 2024
The Standard Bank Bursary is an incredible opportunity to be successful in academics. This bursary covers all of your educational costs, so money worries won’t stand in the way of your academic goals.
The following are the eligibility requirements for this bursary:
● You require citizenship in South Africa.
● You should be in Grade 12 right now or enrolled in college already.
● Passed your most recent exams with at least 70 percent.
● Pursuing a degree in science, technology, engineering or commerce.
● Prove about your need for money.
Why Apply?
– Complete Financial Support: The bursary pays for books, housing, tuition, and other expenses in addition to a stipend.
– Career Development: Provides chances for mentorship programs, summer employment, and future employment with Standard Bank. Join a network that encourages personal and professional development in a supportive Environment.
2. SETA Bursary 2024
By providing financial assistance to students pursuing vocational and technical fields, the SETA (Sector Education and Training Authority) bursary seeks to provide a solution for the shortage of skills in South Africa. For those pursuing useful and in-demand careers, this bursary is a great option.
The following are the eligibility requirements for SETA Bursary 2024:
● You require citizenship in South Africa.
● You should be either enrolled or planning to enroll at a recognized public university, the University of Technology or TVET college in South Africa.
● Pursuing an education in an industry supported by SETA (distinctive SETAs).
● Prove your academic potential and financial need.
Why Apply?
All study-related expenses, including textbooks and lodging, are covered by comprehensive support:
– Sector-Specific Opportunities: Highlights industries where there is a significant need for qualified workers, which will improve your employability.
– Skill Development: Promotes the development of transferable skills necessary for the South African labor market.
3. ISFAP Bursary 2024
The ISFAP (Ikusasa Student Financial Aid Programme) bursary is intended for public university students from low-income families. ISFAP Bursary 2024provides comprehensive support to ensure academic success in addition to financial aid.
Requirements for Eligibility:
● It is necessary to be a citizen of South Africa.
● The total yearly income in your household is less than R600000.
● You should be selected to enroll in a South African public university.
● Getting a degree in a subject that is critical as per the ISFAP program.
Why Apply?
– Whole Support: Covers books, meals, lodging books, tuition, and a monthly stipend.
– Comprehensive Assistance: Offers psychosocial services, academic support, and mentoring to ensure your success.
– Key Skills Emphasis: This approach enhances your career prospects by focusing on areas that are essential to the nation’s progress.
Now that you know all the things you need to be eligible for these top bursaries, you are ready to study in South Africa.
Sassa & Loans: Your Guide to Standard Bank Bursary & More!
Bursaries are doors to a better future than just a source of money. Standard Bank Bursary has a lot to offer whether your goal is to work in finance or another technical field or you just need strong support systems to get through your education. Examine these options at Sassa & Loans to know if you are eligible and walk the path to a bright future. Greetings and success! Visit Sassa & Loans to learn more!
