Interested in the Funza Lushaka Bursary? Wanting to know more about it? Maybe you're asking whether you'll have to repay it? We have the answer.
The Funza Lushaka Bursary Programme is a multi-year programme to promote teaching as a profession.
Students who are funded through the Funza Lushaka Bursary programme are required to accept a teaching post immediately after qualifying and will need to occupy this teaching position for the amount of years they were funded.
So, will you have to repay your bursary? Well, it depends. You will only need to repay the bursary should you fall under one of the following cases:
- if the recipient fails to qualify
- registers for a course of study that is not in a designated priority area
- fails to apply for a teaching post with a Provincial Education Department at a public school, following the stipulated processes
- fails to take up a teaching post with a Provincial Education Department at a public school
- leaves a teaching post with a Provincial Education Department before the end of the contracted service period
- fails to meet a requirement of the bursary agreement
You will then to repay the full amount of the bursary received in terms of the programme, with accrued interest.
Interest shall be compounded monthly at the rate of interest determined by NSFAS from time to time.
The bursary programme is designed to boost recruitment into teaching, especially in priority subject areas. In most cases, Faculty or School of Education staff will be able to assist students with the Funza Lushaka priority subjects to determine a student's teaching priority subjects.