Elangeni TVET College Bursaries

Elangeni TVET College Bursaries

FINANCIAL ASSISTANCE

Financial assistance is awarded to a student according to the level of his/her needs, taking into account the financial circumstances of the family. If the student is eligible, his/her award is in the form of a financial package – part loan/part bursary. The loan is usually repayable.

BURSARIES / FINANCIAL AID

A bursary is financial assistance given to a student for further study or training. Bursaries may differ in the amounts of money and duration period. Financial assistance in the given to students selected according to various criteria set by the donors. This could include academic merit or financial need. Some bursaries have conditions attached to them, such as contract bursaries require learners to sign a contract to enter the employ of the donor organization after graduation. The contract is usually on a year-for-year basis. This means that if you were awarded a bursary for three years, you will have to “repay” the organization by working for them for three years after your graduation.

Selection procedures will also include screening the applicant’s suitability as a future employee. In certain cases, a student who does not abide by his/her obligations will be held liable for repayment if he/her fails to complete the course or degree.

You may have to work for the company for as long as you held the bursary

You may have to be active in the community.

A bursary is only made available for successful study.

Prospective students should note that all subjects which have been completed, before or after receipt of a bursary, must be repeated at their own cost.

If a student has not obtained admission to the following academic year, No bursary monies or allowance are payable in respect of that year, and the student is expected to repeat the outstanding academic year at his/her own cost.

If a student has withdrawn from study or ceases to study on his/her own initiative, the student is liable to refund to the company/department all bursary monies paid out directly to him/her or on his/her behalf.

If you do not commence with your studies in the year for which the bursary was awarded to you, the bursary will lapse and you must re-apply for a bursary.

You may not accept more than one bursary.

DEPARTMENT OF EDUCATION FINANCIAL AID

These are funds made available by the DoE to assist students enrolled or intending to enroll at the FET College for NCV programmes who are unable to fund their studies. The bursary covers tuition fees only.

Information on sourcing study loans and bursaries from other institutions is also provided by the SSS unit. Contact your SLO for more information.