What is a bursary?
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into study.
Companies That Offer Bursaries In South Africa
1. TETA Bursary
Available for various fields of undergraduate and postgraduate qualifications within the Transport sector and related fields.
To qualify, candidates must have a total household income of not more than R350,000 per annum and must not be older than 35 years.
Applications must be submitted by no later than 17 August.
2. Thuthuka Bursary
Offered by the South African Institute of Chartered Accountants (SAICA), for students who are studying towards a career in Chartered Accountancy.
Applications must be submitted by no later than 31 August.
3. Masakh’iSizwe Bursary
A bursary opportunity brought by the Western Cape Department of Transport and Public Works.
Available for studies at the University of Cape Town, the University of Stellenbosch and the Cape Peninsula University of Technology, in fields within the Transport, Engineering and Built Environment sectors.
Applications must be submitted by no later than 31 August.
4. Vodacom Bursary
An opportunity for undergraduate studies within STEM fields (Science, Technology, Engineering & Mathematics).
Aimed at students with strong academic records who are in financial need.
Applications must be submitted by no later than 31 August.
How much do bursaries pay in South Africa?
The amount a bursary pays varies greatly depending on the provider, field of study, and level of education (undergraduate, postgraduate).
Some bursaries may only cover tuition fees, while others may offer full financial support covering all study-related expenses and even living costs.
Here’s a general range of bursary amounts in South Africa:
- Partial coverage: R10,000 – R30,000 per year
- Full tuition coverage: R40,000 – R80,000 per year
- Comprehensive coverage: R80,000 – R120,000 per year or more.