Company offering bursary: Association for Educational Transformation (ASSET)
Location / Area: South Africa
Closing date: 30 September 2022
The ASSET Educational Trust provides bursaries to students in the Western Cape who are eligible for financial assistance. These awards are made through various sources, such as trusts, foundations, and individuals. The objective of these scholarships is to provide financial assistance to students who are in need of help.
The Bursaries are awarded to students who are planning on studying in the Western Cape for a first undergraduate qualification. These are for studies in any field of study.
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The criteria for these awards are based on the student’s academic merit and financial need. One of the most important factors that students must consider is the means test, which is a test used to determine if they are eligible for financial assistance.
- You must be a South African citizen residing in the Western Cape province.
- You must have completed your high school education in the province or be currently enrolled in a school that offers a full-time undergraduate program.
- In 2023, you must meet the requirements for your chosen field of study.
- You must meet the means test to be considered a “missing middle” family.
- A family with two children can expect to receive a monthly income of less than R18 000, and this can increase to R2000 for each child.
- You must not have lost funding due to poor performance.
- This bursary will only be available to students from disadvantaged backgrounds.
- Students from disadvantaged backgrounds will be considered for this program if they have already secured a university entrance despite attending a school that is considered to be “dysfunctional”.
- Students who have excelled in their studies will be considered for this program.
- Students who have maintained an excellent attendance record and committed to the Saturday School will also be considered.
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NB. You must be studying or planning to study at one of the following institutions in the Western Cape:
- Cape Peninsula University of Technology
- University of Cape Town
- University of Stellenbosch
- University of the Western Cape
Partial bursary provides financial cover for a portion of the student’s education expenses, such as tuition fees, books, and registration fees. The amount varies depending on the institution. Students are also encouraged to apply for other scholarships or loans to help with the balance of their fees.
Students will receive financial support for their undergraduate studies if they maintain good grades. They must then apply for funding each year.
Although ASSET bursaries are not repayable, recipients should join the Alumni Association to give back to the organization after they graduate.