HCI (Hosken Consolidated Investments) Foundation Bursary South Africa 2023– 2024
HCI (Hosken Consolidated Investments) Foundation Bursary South Africa; ABOUT THE COMPANY – HCI
HCI (Hosken Consolidated Investments) Foundation Bursary South Africa; Hosken Consolidated Investments Limited (HCI) is an investment holdings company, with most of its revenue accumulated from the Casino Gaming and Hotels sector. The black empowered company is also involved in various other investment groups, including property; hotel and leisure; transport; clothing; mining; interactive gaming; media and broadcasting. The company’s main shareholder is the Southern African Clothing | Textile Workers Union (SACTWU) Investment Group.
The JSE-listed company (listed as “HCI” since 1973) has investment operations located in various countries, including South Africa, the rest of Africa, Australia, the United States of America, the United Kingdom and China.
HCI’s corporate social investment branch, known as the HCI Foundation, is aimed at uplifting South Africans to create a positive and sustainable impact in underprivileged communities.
ABOUT THE HCI BURSARY PROGRAMME – FIELDS OF STUDY
The HCI Foundation is inviting students to apply for bursary funding, for the 2023 academic year.
The following bursaries will be awarded:
- New bursary applicants: for Honours and Postgraduate Diploma studies at any of these approved institutions: the University of Witwatersrand, University of Johannesburg, University of Pretoria, University of Cape Town, University of the Western Cape, University of Stellenbosch, University of KwaZulu-Natal, University of the Free State, Rhodes University, Nelson Mandela University, North-West University.
- Current HCI bursary recipients: for continuing Undergraduate studies, at a recognised public University or University of technology.
MORE ABOUT THE HCI BURSARY PROGRAMME – EXPENSES COVERED, SERVICE CONTRACT | OTHER OPPORTUNITIES
The HCI Foundation will be awarding partial bursaries, that will provide cover for up to 75% of tuition fees (up to a maximum of R38 000 per annum). Payments are made into the student’s fee account at their institution, around July every year. The following expenses will NOT be covered: books, residence, transport, living expenses and meals.
Bursary recipients are NOT required to pay back or work back the bursary, but they are expected to: engage in community projects, take part in tutoring and mentoring programmes, as well as a volunteer within their community.
Students will also be required to complete surveys and attend workshops throughout the year, after graduation.
After graduation, bursary recipients may be able to enter the Graduate Development Programme, when opportunities become available.
ELIGIBILITY REQUIREMENTS FOR THE HCI 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 OR a permanent resident, refugee or asylum seeker
- You must be 35 years old or younger on the application closing date (30 September 2023)
- Current HCI bursary recipients: you must be continuing your studies towards an undergraduate qualification, at a recognised public University or University of technology in South Africa, in 2023
- New HCI bursary applicants: you must be studying towards an Honours or Postgraduate Diploma, at any of these universities in South Africa:
- University of Witwatersrand
- University of Johannesburg
- University of Pretoria
- University of Cape Town
- University of the Western Cape
- University of Stellenbosch
- Rhodes University
- University of KwaZulu-Natal
- University of the Free State
- Nelson Mandela University
- North-West University
- You must be studying on a full-time basis (part-time or distance studies will NOT be funded)
- You must NOT be studying at a TVET College
- You must have a gross family income of less than R38 000 per month
- You must NOT be in receipt of a full cost bursary or a large partial bursary from another source (you may still apply if you have received a partial bursary, NSFAS or another loan)
HOW TO APPLY FOR THE HCI BURSARY
Applications must be submitted online at; HCI Bursary Application 2023
Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID document, if a South African citizen (certified copy)
- Proof of permanent residency, refugee or asylum seeker status, if applicable (certified copy)
- Full academic record, including most recent results (on institutions letterhead)
- Proof of monthly income for the last 3 months: own/ parents/ guardians (payslips if employed, affidavit if unemployed, bank statement if self-employed, grant or pension slip if applicable) (certified copies)
- Motivational letter explaining why you should be selected for the bursary (including the following: your personal qualities and ethics, your leadership potential, your capacity for critical, and your commitment to giving back) (to be saved in a separate word document – between 550 and 750 words)
- New applicants: proof of registration or acceptance into any of the above universities for 2023 (on university letterhead)
NOTES ABOUT THE HCI BURSARY
- Applications are only accepted online – there is no hardcopy application form, nor can the application form be downloaded.
- Ensure that you allocate enough time to complete the online application form.
- You will be able to save your application if you are unable to complete it in one sitting and resume it at a later time.
- Ensure that you complete and submit your application before the closing date.
- Ensure that you provide your correct email address and cell phone number when applying, so that HCI may reach you.
- After completing the first phase of the online registration, you will receive an email with a link to the second part of the application (be sure to check your spam folder, and if you do not receive the email within 24 hours, please email HCI at firstname.lastname@example.org).
- Take note of your registration number for any future queries.
- You will need the following when applying: cell phone number, email address, student number (if applying for your second or higher year of study), and proof of your parents’ or guardians’ monthly income.
- Students who are receiving NSFAS or any other partial bursary funding may apply for this bursary, however, students who are receiving full funding from another source will not be eligible for this bursary.
CLOSING DATE FOR THE HCI BURSARY
30 September 2023.
(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 the HCI Foundation directly:
Tel: 021 424 6010
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.