Central University of Technology CUT Nsfas



Central University of Technology CUT Nsfas

FINANCIAL ASSISTANCE

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Financial Assistance

BURSARIES: A bursary is a form of financial assistance given to a student for further study or training. Bursaries may differ in terms of amount of money and duration. Students are selected according to various criteria set by donors, which could include academic merit and financial need. Some bursaries require that students sign a contract to enter the employment of the donor after graduation. SCHOLARSHIPS: The scholarship amount is normally based on outstanding academic achievement. Scholarships do not normally require the recipient to repay the scholarship and usually, have no employment conditions attached. STUDY LOANS: A loan is money borrowed, which must be repaid upon completion of studies. Loans are available from banks and institutions like Edu-loan. The NSFAS (National Student Financial Aid Scheme) is a South African Government-funded structure offering assistance to academically deserving and financially needy students. Students may apply for this type of loan at the Financial Aid offices of CUT. Up to 40% of this type of loan can be converted into a bursary, depending on the end-of-year results.



Bursaries

Tips: How to apply for a Bursary/Scholarship

  • Read the Bursary Brochure and find the bursaries that suit your needs.
  • Check the closing dates for applications.
  • Apply directly to the person/company specified.
  • Apply for more than one bursary and make sure that you meet the requirements.
  • Explore other ways of financing your studies in the event of the bursary application being unsuccessful.

Specific bursaries at CUT

CUT ACADEMIC MERIT BURSARIES FOR FIRST-YEAR STUDENTS

Such bursaries are for candidates who are pursuing further studies for the first time after Grade 12 and who are enrolled as full-time students for a diploma or degree course at CUT.  The amount allocated is calculated on the basis of the six highest symbols achieved by the candidate in the final Grade 12 examination.  The criteria and amounts of these awards are reviewed on an annual basis.

ACADEMIC RECRUITMENT BURSARIES (FOR FIRST-TIME ENTRANTS)

These bursaries are additional to the normal academic bursaries.  First-year students who qualify will automatically be considered for such a bursary. The following categories are available:

CATEGORY A

Each A symbol on HG – R1 000.00 Each A symbol on SG – R600.00

CATEGORY B

A bursary of R1 000.00 will be awarded to a student who achieved an A symbol (HG or SG) in the final Grade 12 examination and who is enrolled for a course in Engineering or Health and Environmental Sciences.

CATEGORY C

Top-ten bursaries (awarded to the ten best first-year entrants).  To be considered for such a bursary, a minimum of 42 points on the CUT scoring scale, calculated on the basis of the candidate’s six best subjects, is required.

CUT LEADERSHIP BURSARIES FOR FIRST-YEAR STUDENTS

At least 27 points on the CUT scoring scale in the final Grade 12 examination is an additional requirement. The following applicants may qualify for such bursaries:



  • Head boy / girl of a high school
  • Chairperson of the representative council of learners of a high school
  • Deputy head boy / girl of a high school
  • Vice-chairperson of the representative council of learners of a high school
  • Head boy / girl of a high-school hostel
  • Winner of a national subject Olympiad
  • Winner of a national expo
  • Member of the “Presidentverkenners” or Springbok Scouts

SPORT RECRUITMENT BURSARIES

Sport bursaries are awarded to promising sportsmen and sportswomen according to merit.  Such bursaries are only awarded to individuals who participate in a league sport in the name of CUT (refer to the list of sports along with the names of the sport managers). Only achievements at the provincial level and higher are taken into account.  Application forms are available from Operational Sport and the closing date is 31 October each year.  Development bursaries are also available, and a maximum of three candidates may be nominated by the respective sports trainers / club managers. Please note:  Candidates must apply on an annual basis. For more information on sport recruitment bursaries (first-year students only) and sport bursaries (all students), please contact Operational Sport.

DEANS AWARDS INCENTIVE VOUCHER

For more information on the Deans’ Awards Incentive Vouchers available to first-year students, please contact the Dean of the relevant academic faculty. In cases where a bursary covering the full tuition and/or accommodation fees has already been granted to a prospective student, the letter in which notification to that effect is provided must be included in the registration document. Notwithstanding any other terms, no student shall be exempted from accountability for the payment of any amounts owing to CUT.

FUNZA LUSHAKA – MERIT BURSARY

This is a merit bursary awarded by the Department of Higher Education and Training (DHET) to deserving Teacher Education students registered for the following BEd (FET) Specialisation programmes:

  • BEd Languages, majoring in African Languages, namely Setswana, Sesotho and Xhosa, with English as a compulsory major;
  • BEd Natural Sciences;
  • BEd Computer Science, majoring in Computer Studies (IT) and Computer Applications Technology;
  • BEd Technology, majoring in Technology (Civil, Electrical and Mechanical Technology), Accounting, Economics
  • PGCE;
  • BSc, BCom, BA, BTech

Students are expected to apply online at the DHET website. The bursary is presently worth R48 000.00 per annum, and allocations are subject to the availability of funds. http://www.funzalushaka.doe.gov.za/

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