How To Fund Your Studies At CUT
There are now multiple options available for students looking to finance their studies. Let us help you figure this part of your journey at the Central University of Technology out.
Finances can cause a lot of strain and stress for families and greatly affect the quality of education. People are often left with no choice but to not study when they can't finance it. In the past, people gave up opportunities due to financial struggles but now the aim is to promote youth and education. However, if you want to study further there are many options available for you.
DHET Bursary Scheme: This is a financial aid programme that provides fully-subsidised funding for poor and working class students at public universities. Applicants must have a combined gross family income of up to R350,000 per annum.
ISFAP Funding: The Ikusasa Student Financial Aid Programme (ISFAP) is government initiative to provide financial assistance to very poor, poor and “missing middle" students. Read our article on ISFAP here.
ISFAP will only fund students studying Bachelor of Engineering Technology in Mechanical Engineering.
Department of Labour Bursaries: Students with disabilities qualify for (apart from any other bursaries) for bursaries from the Department of Labour and are required to apply directly at the Department for these bursaries.
Funza Lushaka Bursary Scheme: Bursaries are available to enable eligible students to complete a teaching qualification in an area of national priority. Read our article on the Funza Lushaka Bursary Scheme here.
NSFAS: NSFAS offers fully subsidized free higher education and training for poor and working class South Africans where there is up to R350,000 household income per year. This bursary includes tuition fees, learning materials allowances, transport allowances and living allowances. Visit their website here for more information.
Fundi: Fundi offers students loans to fund your studies. Visit their website here for more information.
Feenix: This is a student programme that uses the process of fundraising in order to helped students fund their studies. Read our article on Feenix here.
Banks: Many South African banks offer loans for students looking to fund their studies.
For funding separate from your university and their Financial Aid office, you can visit the Bursaries Portal to see which bursaries are available to you as a student.
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