Bursaries in Tvet Colleges
Bursaries in Tvet Colleges
In providing students with practical knowledge and hands-on training, technical and vocational education and training (TVET) colleges are essential. Many people find the cost of education to be a barrier, but there is good news: bursaries in TVET colleges can open doors to quality education without the burden on the wallet. This manual provides you with useful information and pointers on how to obtain these chances as we explore the world of TVET college bursaries.
TVET college bursaries are opportunities to invest in your education and future profession, not just financial aid. With a bursary, you can receive high-quality training while simultaneously setting yourself up for success in the demanding labor market. Bursaries in Tvet Colleges
In accordance with the National Student Financial Aid Scheme (NSFAS), the National Student Financial Aid Scheme (NSFAS) was formed (Act 56 of 1999). The mission statement is made up of three parts that explain why NSFAS exists and how it affects the target audience:
- NSFAS exists to provide financial aid to eligible students at TVET colleges and public universities;
- NSFAS identifies eligible students, provides bursaries, and collects past student loan repayments to replenish the funds available for future generations of students; and,
- NSFAS supports access to, and success in, higher education and training for students from poor and working-class families who would otherwise not be able to afford to study.
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What does a bursary in a FET college mean?
Bursaries are a sort of financial aid that is offered to students by financial institutions like banks and investment firms, government agencies, sizable corporations, benefit funds, or the educational institution they are enrolled in.
How To Get Bursaries in Tvet Colleges
Obtaining a bursary gets harder each year as more students compete for the same opportunities. While there is no way to guarantee that you are selected there are a few things that you can do to improve your chances.
What are the prerequisites for receiving a bursary?
You must be in Matric and have thus far achieved good academic results OR you must have completed Matric with good academic results. You must also be enrolled in, or accepted to study in, a particular field (typically one where there is a skill shortage). Some bursary programs may also require that students reside in a particular area.
How much income is required to be eligible for a bursary?
The National Student Financial Aid Scheme (NSFAS) is a full-cost bursary for students whose gross household income is less than R350 000 per year (R29 167 per month) or less than R600 000 per year (R50 000 per month) for students with disabilities.
Apply as soon as possible.
Don’t wait till you reach your matric year to look for financial aid opportunities.
By the time you enter Grade 10, you should have started to think seriously about potential careers.
How to Apply for Bursaries in Tvet Colleges
NSFAS bursaries can be sent through the NSFAS online application or through their offices. On the other hand, if you are applying online, you can follow the steps below;
- Step1 – Go to www.nsfas.org.za and look for the tab “MyNSFAS” and click it
- Step2 – You, therefore, have to create an account called myNSFAS
- Step3 – Click apply tab and answer the question
- Step4 – You will have to upload documents
Closing Date for Bursaries
Closing Date is during the whole year: Bursaries in Tvet Colleges
1st Trimester/Semester: 25 November
2nd Trimester: 31 March
2nd Semester: 31 May
3rd Trimester: 31 July
The deadlines for bursary applications will be announced at the end of the Academic Year/Period. This date is usually near the end of November each year, but students should keep an eye on their Facebook, Twitter, or website for more information. https://ncrtvet.com/bursaries/
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