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- 1 Independent Field Advertiser IFA Bursary South Africa 2020/2021
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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 MIND 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 parents’ 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.
IFA (Independent Field Advertiser), is a division of Clientèle Life and is one of the largest network marketing companies in South Africa. In fact, they are one of the most respected and trusted companies within the financial services sector.
IFA’s product offerings include the Clientèle Funeral Dignity Plan; the Clientèle Ultimate Dignity Plan; the Clientèle Ultimate Foundation Plan; the Clientèle Wealth Plan and Clientèle Legal Plans.
In 2008, Clientèle initiated the IFA Bursary Scheme to assist academically deserving students to achieve their dreams. They have since invested over R9.5 million in over 100 tertiary students.
COVERAGE VALUE & SELECTION
The IFA will be awarding bursaries to children of active members, within their chosen field of study.
The bursary value will be to a maximum of R60 000 per annum, which will help students to pay for tuition fees, prescribed books, accommodation, and study equipment.
Shortlisted candidates will be required to attend an interview with a Bursary Committee member. Students not currently at University will also be required to take part in an online career assessment.
All students will receive notification of the outcome of their application by 30 June 2020 (via SMS), however, successful applicants will only be announced by 15 January 2021.
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 citizen
- The biological child/ child of a legal guardian of an active IFA who has paid their monthly business fee for a minimum of 12 months
- IFA member must remain an active member for the entire duration of your studies
- Under 21 years old at the time of bursary application deadline (30 April)
- Completed Matric OR currently in Matric
- Achieved a minimum overall average of 60% in Matric
- Achieved a minimum of 50% for all subjects in Grade 11 and Matric, if currently at university
- Studying or intend on studying towards a full-time undergraduate qualification (first and second year only)
- Studying or intend on studying at a South African tertiary institute, accredited by the Department of Education
- NOT currently in receipt of any other bursary funding from another institute
HOW TO APPLY FOR THE BURSARY
Download and complete the IFA Bursary Application Form (.pdf)
Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are missing, your application be disregarded):
- ID document (certified copy)
- ID photo attached to the form
- Grade 11 final results (certified copy)
- Matric results or progress report, if currently in Matric (certified copy)
- Matric certificate, if completed Matric (certified copy)
- Latest tertiary progress report, if currently in your first year of tertiary studies (certified copy)
- Parents/ guardians proof of income (if employed: latest payslips/ letter from employer/ tax return statement, if unemployed: sworn statement, if self-employed: latest financial statement)
- Death certificates if one or both parents are deceased
- Proof of legal guardian (where applicable)
- A sworn statement from one parent if your parents are separated/ divorced
- Motivational letter written by your parent/ guardian
Applications must be submitted in one of the following ways:
The CSI Officer IFA
P O Box 1316
Clientèle Office Park
Cnr Rivonia and Alon Roads
3) IFA Application Collection Box at your closest official IFA Presentation Venue
30 April 2020.
(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 program, please contact IFA directly:
Emily Molakeng (CSI Officer)
Tel: 011 320 3064 (Monday – Friday, 08:00 – 12:00 only)
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