FINANCIAL AID 3. ADVICE AND PROCEDURES - CPUT

1 FINANCIAL AID. 3. Scholarship ADVICE AND PROCEDURES . A scholarship is an amount of money given to a student based on his/her past academic excellence. It is usually only given for academic merit. ADVICE TO STUDENTS Scholarships usually have no employment conditions, repayments or general conditions attached. WHAT IS A BURSARY, SCHOLARSHIP AND LOAN? 1. Bursaries WHERE ELSE TO LOOK FOR BURSARIES, SCHOLARSHIPS, LOANS. A bursary is an amount of money made available to a student under certain * Training institutions;. conditions. It is not expected of the student to repay the money if he/she * Employers of parents, friends, family.

2 Successfully completes his/her studies. * Religious organisations;. * Clubs, societies;. * Your local municipality Bursaries are granted to students on the basis of: * The institute or council of a specific career field;. * Your local newspaper, magazines, the local library;. (a) FINANCIAL need * Your local career centre;. (b) Academic merit (c) A combination of FINANCIAL need and academic merit WARNING - KEEP THIS IN MIND. (d) Encouraging students to study in a specific field (e) As an incentive to accepting a service contract with the company * Apply early, well before the closing date - applications are not accepted after granting the bursary.

3 The closing date;. * Apply only for those bursaries you are eligible for;. 2. Loans * Apply for as many bursaries as possible;. * Only accept one bursary unless the organisation says you may apply for A loan is an amount of money given to a student for his/her studies on others;. condition that all the money is repaid once the student has completed his/her * Be prepared for disappointment - you may not be successful the first time or studies. the second time;. * Try to make another plan in case you do not get a bursary;. Loans are granted on one or more of the following conditions: * A neat, accurate and honest application makes a good impression.

4 (a) That the loan will be subject to a low interest rate. (b) That the repayment period is predetermined. (c) Usually a guarantor is needed, someone who repay the money should the student fail to do so. (d) That the student sign a legal contract which binds him/her to repay the money. Failing repayment the lender can be taken to court. PLEASE REMEMBER! AFROX SA LTD. Availability: Chemical Eng, Mechanical Eng, Industrial Eng, Accounting, Write a short letter to ask for application forms for all the bursaries that you think you are eligible for. (intention to pursue CA) considered at final year of study.

5 Annual Value: Tuition fees, residence fees, book allowance. Conditions: To company on completion of study. WHEN YOU FILL IN YOUR APPLICATION FORM Address: SENIOR RECRUITMENT OFFICER. P O BOX 5404. JOHANNESBURG, 2000. Closing Date: 31 August:- * Answer all the questions;. * Complete the form neatly in print;. * Use black or blue ink only; AGAR HAMILTON TRUST BURSARY. * Keep the form clean and in good condition; Availability: Any. * Carefully checks the form for mistakes; Annual Value: Varies. * Be completely accurate; Conditions: English speaking males of predominantly British descent.

6 * Be completely honest; Address: THE TRUSTEE. * Include a certified copy of your most recent examination results signed by a P O BOX 206. Commissioner of Oaths, usually found at the local Post Office or Police CAPE TOWN, 8000. Station. Closing Date: 15 November:- previous year ALEC BOOK BURSARIES. PLEASE NOTE Availability: Only: Medicine ( ) and Engineering. Annual Value: Variable. Conditions: Yes. Port Elizabeth residents only. When you write for a bursary form please write the address this way: Address: NEDBANK SYFRETS PRIVATE BANK. For example: If you were writing to the Nestle Trust then address your letter as P O BOX 27528.

7 Follows: GREEN ACRES, 6057. Closing Date: 30 September (for following year). ALIGARTH OLD BOYS BURSARY FUND. The Manager Availability: Prospective students in Technical, Commerce and Nestle Trust Nursing Loans). 23 Quick Street Annual Value: Variable. DARBERTONE Address: THE SECRETARY. 0112 P O BOX 42406. FORDSBURG, 2033. Closing Date: 31 August:- previous year AMRIT BHOWAN MEMORIAL SCHOLARSHIP FUND. Availability: All Faculties. Address: THE SECRETARY. P O BOX 42375. ALTRON BURSARY FORDSBURG, 2033. Availability: BCom (Info Sys) (Acc); SA Citizen or permanent residents.

8 Year-for-year service contract. Compulsory December vacation training. All years. Annual Value: Tuition, residence, R1 000 books/living allowance. 1 Year ANGLO AMERICAN ASSURANCE. renewable. 4 Years maximum, tenure. Availability: Full-time students in Commerce, Law and Science. Address: THE TRAINING MANAGER. Annual Value: R1 000-00 maximum renewable on progress. P O BOX 935. Address: C/O CAREER WISE (PTY) LTD. BOKSBURG, 1460. P O BOX 30632. Closing Date: 31 August:- previous year BRAAMFONTEIN, 2017. Closing Date: 15 January: same year ALUSAF BURSARIES.

9 Availability: BCom. SA citizen. Year-for-year service contract. Vacation ANGLO AMERICAN GROUP VOCATIONAL SCHOLARSHIP. employment. Only applicant with at least 4 'A' symbols in Availability: Electrical Eng, Mechanical Eng, Chemical Eng. their Annual Value: Tuition, Residence plus allowance R3600 per semester. matric half-year examination will be considered. Conditions: Contractual employment equal to duration of funding after Annual Value: Tuition, Residence, R16 590 allowance. graduation. Address: THE PERSONNEL MANAGER. Address: C/O CAREER WISE (PTY) LTD.

10 P O BOX 284. P O BOX 30632. EMPANGENI, 3880. BRAAMFONTEIN, 2017. Closing Date: 30 September:- previous year Closing Date: 15 June:- AMEU STUDENT ASSISTANCE SCHEME. ANGLOVAAL BURSARY SCHEME. Availability: Electrical Engineering. We pay the interest on approved Availability: University (BSc Degrees): Chemical Engineering, First Electrical Engineering (Heavy Current), Geology or Mining National or Nedbank student loans. Any student enrolled Geology (including Honours), Mechanical Engineering, for an Metallurgy (Extractive Metallurgy), Mining Engineering.