University of the Western Cape Administered Bursaries and Loans

University of the Western Cape Administered Bursaries and Loans

UWC administers a number of funds which make bursary awards to full- time students. The awards range from R1 400 to full-cost awards. You should apply for this assistance when you come to campus for registration. The closing date for applications is 1 March every year for new students and 31 October the previous year for senior students. Bursary-Loans from the National Student Financial Aid Scheme (NSFAS) are also administered by the University. The amounts of awards vary, but the maximum for 2006 was R32 500. Up to 40% of each loan can be converted into a bursary, depending on the academic success of the student. For example, if an award of R10 000 is allocated to a student registered for 4 modules, then R4 000 (40% of R10 000) will be converted into a non-repayable bursary if the student passes all four modules. Students are expected to pay back the loan only when they find employment.