Liberty Bursary South Africa 2023/2024
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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.
Liberty Holdings Limited was founded by Sir Donald Gordon as “Liberty Life Association of Africa Ltd” in 1957. The South African company, headquartered in Johannesburg, is a financial services and property holding company.
The company, now present in 18 countries across Africa, provides asset management; health products, and investment services for over 3 million individuals, families, and businesses throughout Africa.
The company logo which reflects the Statue of Liberty is a symbol of freedom and opportunity – Liberty believes that everyone should be able to grow their wealth and leave a legacy behind.
FIELDS COVERED, COVERAGE VALUE & SERVICE CONTRACT
Liberty is awarding bursaries to students pursuing their studies towards an Actuarial Science qualification (from the 2nd year of study onward).
The following expenses will be covered by the bursary award: tuition fees, accommodation, meals, a general allowance, a book allowance and a travel allowance if applicable. Students will also receive support and networking opportunities
On completion of their studies, students are required to undertake a period of employment with Liberty, for an equal period of time as the bursary award. Students will also be requested to complete vacation work at the Liberty Life’s Head Office in Johannesburg, from the second year of study onwards.
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
- Completed Matric
- Studying full-time towards an Actuarial Science degree (from the 2nd year of study onward)
- Studying at an ASSA (Actuarial Society of South Africa) accredited University in South Africa
- Achieved and maintained high academic results for the first year of tertiary study
- Achieved and maintained a minimum overall average of 60%
- Achieved and maintained a minimum overall average of 65% for actuarial and mathematical modules
- Students with strong leadership skills and those who partake in extracurricular activities (sports/ chess club/ debate teams etc) will have a competitive advantage
HOW TO APPLY FOR THE BURSARY
Applications must be done online at https://liberty.jonti2.co.za/vacancy/detail/19980
You will be required to register an account here: https://liberty.jonti2.co.za/profile/register before you can log in and apply
Submit clear copies of the following supporting documentation along with your application (the submission of these documents is compulsory – if any items are missing, your application be disregarded):
- ID document (certified copy)
- Matric certificate (certified copy)
- Proof of university enrollment/ acceptance (on university letterhead)
- Full tertiary academic record/ transcript (on university letterhead)
- Proof of any extracurricular activities (where applicable)
(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 Liberty directly:
Tel: 0860 456 789 / 011 408 4871
Email: [email protected]
That’s much we can take on the topic “Liberty Bursary South Africa ”.
Thanks For Reading
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