ASSET (Association for Educational Transformation) Bursary South Africa 2023 – 2024
ASSET (Association for Educational Transformation) Bursary South Africa
ABOUT THE COMPANY – ASSET
The Association for Educational Transformation (ASSET), a non-profit organisation situated in the Western Cape was founded in January 2003. The organisation previously operated under the wing of the SAIRR (South African Institute of Race Relations), with a longstanding history of assisting disadvantaged students with their educational needs.
As a way of giving back to the disadvantaged community, ASSET has a bursary programme to allow students to pursue their studies who lack the funds to pay for their tuition. Funding is received from not only local and national donors but also international donors.
ABOUT THE ASSET BURSARY PROGRAMME – FIELDS COVERED & COVERAGE VALUE
ASSET is inviting students from the Western Cape to apply for their bursary programme, for the 2023 academic year.
Bursaries are awarded each year, for studies towards a first Undergraduate qualification (degree, diploma or higher certificate) in ANY field of study, within the Western Cape.
ASSET Bursaries are awarded from the ASSET Educational Trust (AET), as well as from other individuals, trusts and organisations who wish to support tertiary students in the Western Cape. These bursaries aim to provide financial assistance to Western Cape students who are deserving in terms of merit and need.
Zabusaries.com is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the ASSET Bursary.
MORE ABOUT THE ASSET BURSARY PROGRAMME – COVERAGE, RENEWAL & SERVICE CONTRACT
The partial bursary will provide cover for a portion of registration fees, tuition fees and books – the amount is variable and will be paid directly to the institution. Students are encouraged to apply for other loans or bursaries to cover the balance of their fees.
Bursaries will support students for the entire duration of their undergraduate studies, on the condition that they maintain good grades. Students must reapply for funding each year.
ASSET bursaries are not repayable, but bursary recipients should join the ASSET Alumni Association, assist in the office when applicable and give back after graduation.
MORE ABOUT THE ASSET BURSARY PROGRAMME – SELECTION
Bursaries will be awarded based on academic merit and financial need. The most important criteria are the means test – a test used to determine eligibility for government financial assistance, based on family income.
Successful candidates will be notified no later than 28 February 2023 – if you do not receive any feedback by this date, please regard your application as unsuccessful.
ELIGIBILITY REQUIREMENTS FOR THE ASSET BURSARY
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):
- You must be a South African citizen
- You must reside within the Western Cape province
- You must have completed Matric or be currently in Matric
- You must be studying or intend on studying full time towards a first undergraduate qualification, in 2023
- You must meet the criteria for your selected field of study
- You must be studying or intend on studying one of these institutions within the Western Cape: the University of Cape Town, University of the Western Cape, University of Stellenbosch or Cape Peninsula University of Technology
- You must pass the means test and fall within the “Missing Middle” (have a total monthly income of less than R18 000 for a family with 2 children – this can increase by R2000 per child for up to four children, with a combined income of between R350 000 and R600 000 per annum)
- You must NOT have lost NSFAS funding due to poor performance exclusion
- Preference will be given to students from rural areas and/ or informal settlements, whose social background has restricted their access to equal education
- Preference will be given to students who have achieved University entrance, despite attending a school deemed to be ‘dysfunctional’
- Preference will be given to students who have achieved above-average results, in subjects related to their course of study
- Preference will be given to students who have an excellent attendance record and have been committed to the ASSET Learner Development Programme (Saturday School)
HOW TO APPLY FOR THE ASSET BURSARY
Download and complete the relevant application form:
New or first-time applicants: ASSET Bursary Application Form (New Applicants)(.pdf)
Existing bursary holders: ASSET Bursary Application Form (Renewal) (.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 may be disqualified):
- ID document (certified copy)
- Grade 11 final results AND Matric mid-year results, if currently in Matric (certified copy)
- Matric certificate, if completed Matric (certified copy)
- Mid-year tertiary results, if finals are not available (certified copy)
- Full academic transcripts, if in 2nd to the final year of study (certified copy)
- Proof of parents or guardians’ household income (payslips if employed/ sworn statement or affidavit/ pension advice if applicable) (certified copy)
- Motivational letter to support your application (this is important as it allows the Trust to determine your ability to succeed)
Applications must be submitted in one of the following ways:
– Email: firstname.lastname@example.org
(Insert the words “ASSET Bursary Application 2022” in the email subject line).
– Post or hand delivery:
Association for Educational Transformation (ASSET)
5 Long Street
Note: applications submitted via fax will NOT be accepted.
CLOSING DATE FOR THE ASSET BURSARY
30 September 2022.
(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 programme, please contact ASSET directly:
Tel: 021 685 1025
NSFAS National Student Financial Aid Schemes
NSFAS: What is NSFAS?
NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated the Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.