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HOW TO APPLY FOR A BURSARY?

Applying for a bursary is similar to applying for a student loan or bank loan at a financial institution. You need to have proof of registration, residence, income, bank statement, identity and a surety.

The only difference between processing a bursary and processing a loan is that the bursary will take longer to process because it has to evaluate the academic or sporting achievements of the applicant and it considers the financial need of the student. Loans solely look at the credit worthiness of the applicant.

Bursary application can take up to three months to process. The outcome will in most cases, be posted to the applicant to inform them of the outcome of the application. Here’s a hint on making the application count in your favour, attach a motivational letter stating your current financial circumstances and your motivation for studying further.

 



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