UKZN Bursaries, Loans and Scholarships 2024-2025
University of KwaZulu-Natal UKZN Bursaries
A bursary does not have to be repaid, it is a free gift to financially needy students. Because there are far more students wanting free gifts than there is money available, bursaries are normally given to needy students with excellent academic results who are seen to be capable of obtaining their degree in the minimum amount of time. If you are offered several bursaries you will usually be permitted to accept only one (or two small bursaries) so that other needy students may benefit. One student cannot be over-funded whilst thousands of other needy students receive little or nothing.
BURSARIES AWARDED BY STUDENT FUNDING
Student Funding administered bursaries (mostly for returning undergraduate students at UKZN) are usually awarded after Registration to financially needy applicants whose current Gross Family Income does not exceed R150,000 per year and who pass 100% of their registered courses in the previous year’s exam sessions and, who achieve an average mark above 64.5% in those same courses.
The value of the bursary may be decided by the specific sponsor but will not exceed full study costs.
Higher average marks will achieve higher bursary values.
In 2013 a student achieving above 74.5% may be awarded a bursary valued at R25,000;
whereas a student achieving below 74.5% but above 64.5% may be awarded a bursary valued at R12500.
These bursaries are usually derived from Deceased Estates or Company Social Responsibility monies.
Students on NSFAS Loan/bursaries will have those awards adjusted after allocation of one of the above.
External sponsorship of the same students will also create an adjustment to the values awarded.
Our five biggest sponsors of Internally administered bursaries are:
> The Emma Smith Educational Trust
> The Cecil Renaud Educational Trust
> The Victor Daitz Foundation
> The Terry & Gladys Champain Educational Trust
> The United Kingdom Trust (see their website if you wish to make overseas donations for bursaries( http://www.ukznuktrust.org)
For additional sponsors external to the University please consult the External donors link for the database on the same website.
Contract bursary
A contract bursary is usually offered by a Company or organisation as part of their Human Resource initiative and entails working for the Donor for at least one year for every year sponsored (at the normal salary applicable to the job).
EXTERNAL TRUSTS ADMINISTERED BY STUDENT FUNDING
The University of KwaZulu-Natal acknowledges with gratitude annual donations made by the following donors. You are automatically considered for these bursaries when you apply for Financial Aid according to the policies and parameters operating at the time of application and the specific criteria of the Donor.
Our main benefactors are:
ACKERMAN TRUST
HK ANDERSON TRUST
TERRY & GLADYS CHAMPAIN EDUC. TRUST
FRANK CONNOCK ENGLISH TRUST
VICTOR DAITZ EDUCATIONAL TRUST
ALEXANDRA BC DOW TRUST
FULTON TRUST
GINWALA & RUSTOMJEE TRUST
GH LANGELER TRUST
STELLA & PAUL LOEWENSTEIN TRUST
TK MACDONALD TRUST
ADVOCATE KESSIE NAIDU LAW SCHOLARSHIP
ELIZABETH MARGARET PEACHY TRUST
CECIL RENAUD SCHOLARSHIP TRUST
S. A. ASSOCIATION OF WOMEN GRADUATES
OB SMITH TRUST
UNITED KINGDOM UKZN TRUST
University of KwaZulu-Natal UKZN Loans
A loan has to be repaid and usually interest is added on. Hence, every five to ten years the loan will double in size so a loan of R10 000 in 2013, if repaid after 2023, may have increased to R20 000. All the major BANKS offer study loans.
Some loans can be repaid not in money but by service to the organisation lending you the money (these are sometimes referred to as Contractual bursaries).
FUNDI provides financial access to education for students in South Africa. It is one of the leading providers of study loans in South Africa. A Fundi loan pays for tuition fees, registration fees, accommodation, books, as well as laptops & tablets – helping to unlock the potential in everyone who has the will to learn. Fundi is committed to making education both affordable and accessible to all aspiring students.
For more information, please visit www.fundi.co.za
To apply now please click on Tab “Get a Loan”
Staff in the Colleges attached to Student Funding are also available for student queries regarding funding opportunities on all campuses -ask for the Financial Aid Advisor in the College administrative office.
University of KwaZulu-Natal UKZN Scholarships and Merit Awards
2. ENTRANT MERIT SCHOLARSHIPS FOR EXCEPTIONAL ACHIEVEMENT
2.1 Merit Scholarships of R25, 000 are available to top achievers with Level 7 or greater NSC results in at least six academic subjects excluding Life Orientation & Mathematics Literacy.
3. PRESTIGE SPORTS SCHOLARSHIPS
Learners must have played sport at National or Provincial level in the year immediately before registration with the institution; the scholarship is intended to cover tuition costs. A number of scholarships are awarded and the renewals are based on satisfactory academic performance. Closing date for the Sports scholarship application is 31 October. Further information on application procedures can be obtained from:
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- mandela rhodes
- .PDF file (112.29 KB)
- March 28, 2018
- Download
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- Advert for ABE Bailey Travel Bursary – 2018
- .DOCX file (19.01 KB)
- March 28, 2018
- Download
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- ABE BAILEY Objectives
- .PDF file (59.87 KB)
- March 28, 2018
- Download
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- ABE BAILEY Conditions of Award
- .PDF file (71.12 KB)
- March 28, 2018
- Download
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- Entrant Scholarships for 2018
- .PDF file (183.50 KB)
- October 16, 2017
- Download
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University of KwaZulu-Natal UKZN Loans for Zimbabwe Students
About Educate
We are passionate about providing information for better career choices and access to finances to facilitate education. We appreciate the impact of acquiring knowledge and the difference that can be made when one’s education is applied to the full. That is our goal at Educate. To fund your future so that YOU can be what you were born to be.
Who we are:
Educate is a specialist education finance provider in Zimbabwe. The core goal of Educate is providing financial access to facilitate education.
We focus on partnering with education institutions that offer both theoretical and practical based learning, work based attachments and degrees that will improve the employment opportunities or business start-up ability of the Zimbabwean students that graduate from these institutions.
Educate Unischolar Plan:
- Response on application within 12hrs of submission of all relevant documents.
- Loan covers tuition, accommodation, cost of books and foreign student levy
- University study fees are paid directly to the university on your behalf
- Reserve Bank Declaration completed on your behalf
- Repayment of loan over 5/10 monthly installments
- No account opening required
- No physical asset required as collateral
- Easy loan renewal process
Requirements:
To be considered for this plan you will need to supply the following:
- Proforma invoice of fees for academic year/semester.
- Copy of ID of applicant and guarantor
- Copy of ID or student card of Student
- Proof of residence of applicant and guarantor
- One passport sized photo of applicant and student
- Proof of income of applicant and guarantor (THIS COULD BE: 3 months’ bank statement/lease agreements/purchase order invoices/mobile money statements-eco-cash/telecash/OneWallet/NetCash statements and any traceable income).
Terms and Conditions apply:
Educate reserves the rights to call upon additional documents at its discretion.
Please contact Educate for all enquiries and applications:
| BULAWAYO OFFICE | HARARE OFFICE |
| Shop 7, Ascot Shopping Center Minerton Drive Bulawayo, ZimbabweTel:+263 (9) 250 797 Whatsapp:+263 71 826 7552/3 Email: educateloans@educate.co.zw |
24 Van Praagh Avenue Milton Park, Harare. ZimbabweTel: +263 86 441 23367Website: www.educate.co.zw |
University of KwaZulu-Natal UKZN NSFAS Application