Bursaries

Your investment towards your future career is one of the most important decisions you will ever make. Further Education and Training was not something that was always affordable in the past. However, with the financial options that are available today studying has become accessible to everyone. The aim of this section of the website is to illustrate the various options that are available to you to assist to finance your  studies and also to demonstrate just how manageable it is to pay your studies.

Financial Aid

Application Requirements:

• Application for financial assistance from funds administered by Boland College must be made on a Boland College bursary application form
• Application forms and further information are available from the Financial Aid Offices or the Student Support Officer at the campus of your choice
• Completed application forms, along with supporting documents, must be submitted to the Financial Aid Office or the Campus Student Support Officer. Ensure that the application is correctly completed in order to avoid delays in processing
• The College will acknowledge receipt of completed applications only. Students are advised to retain the letter of acknowledgement
• For applications posted, students should keep a copy of the form and supporting documents and ensure that they receive a letter of acknowledgement. If you do not receive such a letter, we have not receive your application and you will therefore not be considered for the bursary
• Faxed application forms will NOT be accepted; and
• Receipt of the letter of acknowledgement from Boland College does NOT imply that you will qualify or receive a bursary.

Closing Date

• Bursary application closing dates would be advised at the start of the Academic Year/Period. This date will normally be around the end of January each year, but students need to read the notice-boards or other media notices.

Submission one Applications

• Applications can also be made in the year of studies for which the bursary is required.

Required Documents

• Signed bursary application form.
• 3 x Certified copies of your Identity Document
• Proof of income (grant, pension, etc.) OR Affidavit if parents/sponsor/guardian is unemployed
• Latest academic results
• Proof of residence
• ID or Birth Certificates for ALL household members
• Report(s) of ALL students in the household

Criteria

• You must be between the ages of 16 and 35
• You need a minimum academic qualification of
  Grade 9 (nine)
• Your family's gross income must not be more than
  R 122 000 per annum
• You must have an acceptable academic record and display an ability to successfully complete the programme
• You need to agree to ongoing counseling and academic assessment
• The Bursary will cover class fees, as well as the cost of the necessary residence and/or travelling fees.
• In order for an approved bursary to be fully effective, the student will need to sign a bursary agreement before any funds will be disbursed.

NSFAS Further Education and Training Bursary Fund (NCV and REPORT 191 Programmes)

What is NSFAS?

The National Student Financial Aid Scheme (NSFAS) is an organisation established by the government in order to administer state funded loans and bursaries on their behalf.

Who may apply?

All students enrolled in vocational programme (NCV) and REPORT 191 (N1-N6) programmes at a FET college may apply. Bursary applications considered under this scheme will be subjected to the NSFAS means test which is based on the income of the family group. The parent's / family's contribution towards the student's study costs is called the Expected Family Contribution (EFC).

Value of Bursary Award

The amount of the annual bursary grant per student is determined annually and is based on the approved fee tariff per individual programme plus a contribution towards the cost of college residence accommodation and travelling.

Application forms may be obtained from the Financial Aid Office at all of our campuses.

Opening and closing dates will appear on campus notice-boards or you can contact any campus Student Support Officer or the Financial Aid Office.

Merit Awards

The Merit Awards scheme rewards top performing students for the marks/assessment achieved in their field of study. No applications are necessary as the bursary is awarded automatically by the college for performance in a subject during the previous academic period. The criteria will be determined annually by the respective campus.

The Merit Award scheme is available to all students.

Other Financial options

Student Loans

• All Major Bank's
• Student loans are available at competitive rates from all the major South-African banking institutions
• Apply to the Student bureau of the institution of your choice

Other Institutions

• Certain reputable micro financiers provide loans for study purposes with affordable/reasonable payment plans, should you not meet the normal lending criteria of the major banks.

Bursaries for FET Colleges via external Organisations

• Access Trust at www.accesstrust.org.za
• African Scholars’ Fund at www.asf.org.za
• Elaine Forsyth Memorial Trust (PO Box 86, Cape Town, 8000)
• SA Institute of Electrical Engineers Bursary Scheme (PO Box 93541, Yeoville, 2143)
• Study Trust (PO Box 29192, Melville, 2109)
• Edu-Loan
• Provincial District and Local Municipal Bursaries (Cape Winelands District)

If you require more information, please contact our Financial Aid Office at:
t: 021 886 7111
e: finaid@bolandcollege.com