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WHAT IS A BURSARY?
According to Wikipedia, A bursary is a monetary award made by an institution to individuals or groups of people who cannot afford to pay full fees. In return for the bursary the individual is usually obligated to be employed at the institution for the duration as the bursary. According to The Good Schools Guide, a bursary is “usually for helping out the impoverished but deserving and those fallen on hard times.
According to The Hobsons UK Boarding Schools Guide, numerous independent schools have bursary capability, namely grants from the school to help pay education fees. These are usually awarded after a “means test” of family income and are not necessarily dependent on examination performance, although some account of academic ability will be taken. Bursaries may be awarded in addition to scholarships where financial need is demonstrated and the prospective student would otherwise be unable to enter the school.
To obtain such a bursary, it is customary for parents to be asked by the school’s bursar to fill in an application form, giving details of their financial circumstances, supported by documentary evidence, including capital assets. The application will be considered by the school in accordance with its bursary policy. The award will often only remain in force until the pupil has sat the next relevant public examination. Most schools will review bursaries annually to ensure that the justification for an award remains. In Britain any award made before GCSE will not necessarily continue to the A-level stage.
Bursaries are similar to “scholarships” or “prizes“, which are based on performance. These awards are generally given for good performance in the exams preceding university or college entrance in which the student achieves grades above the standard entry. These can be awarded by universities or, sometimes, by companies
THINGS TO KEEP IN MY WHEN APPLYING FOR A BURSARY
A lot of students are usually confused when it comes to scholarship or bursary application. When they have answered the most difficult question of where to start, then the other process becomes seamlessly easy for them. Basically that’s why we have decided to include this post to enable you successfully apply for bursaries especially for this year to aid your academic cause. The following are those important things to note before applying for a bursary.
- Most bursaries will request for your Latest Academic Record duly signed from your school, your ID document, evidence of tertiary application and most importantly an authentication that you were accepted. Similarly, some bursaries will require you to provide another proof of Guardians or Parent’ source of income and residence. After successfully sorting out these documents, then your next step is to ensure you verify your documents. If you don’t know how to, simply visit any commissioner of oath at a post office, bank or police station.
- Integrity they say is telling myself the truth while honesty is telling the truth to other people. Honesty is more than not lying. It is truth-telling, truth speaking, truth living, and truth loving. Therefore, you must ensure that whatever information you are providing is the truth and nothing but the truth. Fill all blank spaces with correct data. No legacy is so rich as honesty.
- A whole lot of students apply for bursaries without having any references at all and in other cases have references that can’t be reached. Most times this is the first step to not getting the bursary you have applied for. If you need the bursary you are applying for and you want it, then go ahead and find references with correct contact addresses.
- A lot of students also don’t have enough writing skills to win their desired bursary which can prove to be a stone in the neck in the long run. Therefore it is highly advisable that you write a highly convincing and motivational cover letter that will make anyone accessing it believe before he begins to even read it. Things such as why you think you should be awarded the bursary especially more than the other several thousand applying, how you can contribute to society when you have finished your program in school and especially how getting the bursary will be a stepping stone to achieving your dreams and changing your future for good.
- A lot of students apply for bursaries and go to sleep which is very bad. When you apply for any bursary, ensure you regularly and consistently check your Emails and your phone text messages to be sure you have not or have received a message from those assessing your application.
- Lastly, ensure you always check for bursary deadlines or closing dates so you can know exactly when to apply.
Hosken Consolidated Investments Limited (HCI) is an investment holdings company, with most of its revenue accumulated from the Casino Gaming and Hotels sector. The black empowered company is also involved in various other investment groups, including property; hotel and leisure; transport; clothing; mining; interactive gaming; media and broadcasting. The companies main shareholder is the Southern African Clothing & Textile Workers Union (SACTWU) Investment Group.
The JSE listed company (listed as “HCI” since 1973) has investment operations located in various countries, including South Africa, the rest of Africa, Australia, United States of America, United Kingdom and China.
HCI’s corporate social investment branch, known as the HCI Foundation, is aimed at uplifting South Africans to create a positive and sustainable impact in underprivileged communities.
FIELDS OF STUDY, COVERAGE VALUE & SERVICE CONTRACT
The HCI Foundation Bursary Programme is aimed at academically deserving and ﬁnancially needy students. Students must be studying towards an Undergraduate degree qualification (up to Honours level) in any ﬁeld of study OR must be a current HCI Foundation bursary recipient.
The partial bursary is intended to cover a portion of students tuition fees, up to a maximum of R33 000 per annum.
Bursary recipients are NOT required to pay/ work back the bursary, but they are expected to engage in community projects, take part in tutoring and mentoring programmes, as well as volunteering within their community.
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- South African citizens OR a refugee/ asylum seekers in South Africa
- 35 years old younger on the closing date
- Current HCI Foundation bursary holder: welcome to apply if studying at a tertiary institute in South Africa
- New applicants: studying at one of the following public tertiary institutions – University of Cape Town/ University of the Western Cape/ University of Stellenbosch/ University of Johannesburg/ University of Witwatersrand/ University of Pretoria/ Rhodes University/ University of Kwa Zulu Natal/ University of the Free State/ North-West University/ Nelson Mandela University/ Sefako Makgatho Health Sciences University
- Studying full-time (part-time, distance learning and TVET college studies are NOT supported)
- Gross monthly family income of less than R37 500
HOW TO APPLY FOR THE BURSARY
Applications must be submitted online via the following steps:
1) Register an account: https://bursary.hcifoundation.co.za/BursaryAccount/Register.
2) Login and complete the online application: https://bursary.hcifoundation.co.za/Services/Account/SignIn/
3) Submit the list of below supporting documents
Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application be disregarded):
- ID document (certified copy)
- Parents/ guardians proof of family income (payslips if employed/ affidavit if unemployed/ proof of grant if applicable)
- Proof of grant (if applicable)
- Motivational essay (max 750 words)
- Matric/ final results (must be sent via email/ fax/ post by 23 February)
If you are unable to upload your supporting documentation online, you may submit them one of the following ways:
1) Fax: 021 424 6019
76 Regent Rd
All applicants will be kept up to date, via email, with regards to the status of their application.
Students who meet the entry criteria will go on to the next stage of the process.
First year students will be shortlisted and interviewed telephonically.
The final decision will be made and communicated by 7 March
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact the HCI Foundation directly:
Tel: 021 424 6010
Fax: 021 424 6019
Email: [email protected]
Read the FAQ’s before contacting the HCI Foundation (https://bursary.hcifoundation.co.za/BursaryHome/FAQ/)
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