Tshwane University Of Technology Financial Aid

Tshwane University Of Technology Financial Aid

Financial aid is any funding that assist to finance your university expenses. This aid usually comes from a variety of sources and include funding offered to undergraduate and post graduate students from the National Student Financial Aid Scheme (NSFAS), Tshwane University of Technology (TUT) funding or bursaries, scholarships and loans from external sources.
The Directorate of Financial Aid has as its core business the responsibility to manage and administer various student funding opportunities to deserving students according to sponsor specific requirement. Our goal is to ensure that eligible students across campuses have the opportunity to have access to these funds. We endeavour to allocate this through a transparent and equitable application and assessment process.

The following loans and bursaries are available:

    • Corporate and Government bursaries  – see details under Bursary Opportunities

Academic Merit Bursaries from the University
Merit Bursaries are allocated to a range of students from first time entering students to undergraduate students. Its intention is to attract and retain quality students through the rewarding of prior or current performance excellence of academic and non-academic nature.
Academic Merit Bursary for New Entrant First-year Students

  1. These bursaries are made available to newcomer students who enrol for a National Diploma or BTech at the University for the first time after Grade 12.
  2. Only South African citizens may apply for these bursaries.
  3. Students who enrol for special courses, short learning programs and Foundation programs do not qualify for these bursaries.
  4. A student only qualifies for the bursary if he/ she register for all the modules of a specific course.
  5. Students who have studied at other Universities and students who have already studied at the University and who are undergraduate students again, do not qualify for these bursaries
  6. Eligibility is determined by the average percentage of the rating score obtained on the Grade 12 certificate. Only the six subjects with the highest rating shall be taken into consideration (excluding Life Orientation)

Only the six (6) subjects with the highest rating will be taken into consideration.

 RATING CODE

 AVERAGE %

7

85

6

75

5

65

4

55

3

45

Criteria and the value of the bursaries subject to annual adjustment by FAC:

CRITERIA

VALUE OF BURSARY

All Courses

7 and more subjects with an average rating score of 7

Determined annually

6 and more subjects with an average rating score of 7

Determined annually

6 and more subjects with an average rating score of 6

Determined annually

6 and more subjects with an average rating score of 5

Determined annually

 Academic  Merit Bursary for Undergraduate Returning Students

  1. These bursaries are awarded to undergraduate students who are enrolled for National Diplomas and B Tech degrees at the University.
  2. Students who have been enrolled at other institutions previously could qualify as well provided that they have obtained recognition for the subjects at the University.
  3. Only South African citizens qualify for these bursaries.
  4. Students who are enrolled for special courses, short learning programs or Foundation courses do not qualify for these bursaries.
  5. Bursaries are awarded for prior academic performance provided the student registers again at the University for an Undergraduate Qualification.
  6. The average percentage is calculated according to the November results.
  7. Students will only qualify if their SAPSE Credit (combined subject credits) is equal or higher than 0,85 in their previous year of study.

Criteria and the value of the bursaries subject to annual adjustment by the FAC:

 CRITERIA VALUE OF BURSARY
(ALL COURSES)
 > 85% To be determined annually
 75% TO 84% To be determined annually
 70% TO 74% To be determined annually
 < 70% 0

Merit Bursaries for Non-Academic Performance
Sport bursaries
It is the aim of these bursaries to recruit and retain students who have shown exceptional sporting achievement. These bursaries are awarded to students who can prove that they have been selected and participated on national or provincial level.
Funding allocated by Directorate of Sports Development annually.
Leadership bursaries 
These bursaries are allocated to not only recruit students who have proved leadership abilities, but have also shown leadership skills in the Student Life & Governance Directorate.
Special Talent bursaries
These bursaries are awarded to students who do not meet the prescribed academic requirements for a bursary, but who have3 special talents, for example, for drawing, painting, singing or dancing.
External Bursaries from various sources (Government & Private Sectors)
Introduction
This funding refers to bursaries that are allocated in consultation with Financial Aid or independently by an internal or external donor to University students who comply with a set of eligibility criteria as set by the donor.  This can include bursaries allocated by the Private, Corporate and Government Sectors.
Eligibility of Funding
Eligibility is tested solely by the specific donor.
Administration of Funding
The allocation of awards to externally funded students must be done in accordance with the requirements specified by the donor.  The role of Financial Aid is to:

  1. manage, account and allocate all funding received on behalf of the students by the University;
  2. when requested provide donors with annual reports on funding allocated and study records of recipients;
  3. if required provide information for annual audits on allocated funds;
  4. when requested facilitate contact with donors and provide facilities for donor visits;
  5. when requested provide selection support to donors in terms of distributing information to students, setting up interviews and pre-screening applicants;
  6. maintain records and a database of donor information;
  7. keep close contact with existing donors and identify potential new donors;
  8. annually report to the Financial Aid Committee on funding allocated.

External donors are required to provide pledge letters to Financial Aid indicating their commitment to support the relevant students.