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Various forms of financial assistance for students and learners are available:
UMSOBOMVU BURSARIES DATABASE A comprehensive database of bursary opportunities in higher education is available on the Umsobomvu youth portal. The database is searchable by career category and includes information on eligibility criteria, closing dates for applications, contact details and conditions.
NATIONAL STUDENT FINANCIAL AID SCHEME The National Student Financial Aid Scheme (NSFAS) offers loans to South African students wanting to study at public universities or technikons. Up to 40% of the loan can be written off if the student is academically successful enough. You can apply for NSFAS assistance at a university or technikon Financial Aid Bureau. R500 million will be transferred to the Scheme in 2002/03, R470 million in 2003/04 and R498 million in 2004/05. The amount fluctuates as it depends partly on other revenue available to the Scheme, including donor funds received, money repayable on study loans and interest on investments. |
