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School of Accounting and NMMU administered Bursaries Bursaries for the year 2015.

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Presentation on theme: "School of Accounting and NMMU administered Bursaries Bursaries for the year 2015."— Presentation transcript:

1 School of Accounting and NMMU administered Bursaries Bursaries for the year 2015

2 NMMU’s Vice-Chancellor introduced a premier scholarship to attract top achievers in the country to register for an NMMU undergraduate programme of their choice.  R per annum is awarded to 30 candidates each year.  Academic Point Score (APS) of 49 or more in their final grade 12 examination  Applications must be submitted on the prescribed application form to the NMMU Marketing & Corporate Relations office on or before the closing date.  For more information contact Mr Bernard Piater at Marketing & Corporate Relations on (041) or NMMU Vice-Chancellor’s Scholarship

3 National Student Financial Aid Scheme (NSFAS) NSFAS is a government loan scheme, with the added incentive of a bursary conversion (maximum of 40%) depending on academic performance. -If you do well, 40% of this can be converted to a bursary!! -If you fail, you will have to pay back EVERYTHING!  Academically deserving and financially needy students have the opportunity to apply for a loan from NSFAS, part of which can be converted to a bursary, subject to academic results.  Loans do not always cover tuition fees and other study costs in full. The amount of the loan is determined, among other things, by the family’s financial need and the student’s cost of study.  Application forms available online:

4 NMMU MERIT BURSARIES SCHOLAR MERIT AWARDS ALL Grade 12 learners automatically qualify for a Scholar Merit Award based on their final Grade 12 results. CRITERIA FOR SCHOLAR MERIT AWARDS  Grade 12 must have been completed not earlier than in the three years preceding registration at NMMU.  Prospective students must be enrolling for the first time at a university.  Only South African citizens qualify.

5 Calculation of merit point is the total of the points allocated per subject to a maximum of seven subjects. Points NSC Percentages Total Merit Point Amount 8 -90% to 100% 50 and above R % to 89% R % to 79% 46 – 47 R % to 69% 44 – 45 R % to 59% 42 – 43 R % to 49% 38 – 41 R % to 39% CALCULATION OF SCHOLAR MERIT AWARDS

6 LEADERSHIP AWARDS Head prefects of schools or LRC President in cases of no Head prefect could have their merit award topped up to R (i.e. 38 to 45 merit points) Applicants > 45 merit points will not qualify for an additional award Head prefects with < 38 merit points qualify for R4 000

7 SPORT BURSARIES  The NMMU Sport Bureau offers sport bursaries of varying amounts to sport performers who have demonstrated the ability to play sport at a high level of competition.  Sport bursaries are awarded to students by the Sports Bureau.  Application forms are available from their office.  Closing date: Before the end of October each year  Bursary application forms can be obtained from the Sport Bureau:

8 THUTHUKA  These bursaries are aimed at SA black and coloured students intending to become Chartered Accountants.  The value of the bursary is currently R per year, renewable on academic performance. These students also qualify for a loan of R from the NSFAS loan scheme.  Full funding for BCom Honours (Accounting) is provided. Successful students will be placed with accredited training offices by SAICA for purposes of completing a three-year training contract.  Further particulars and application forms are available from the SAICA website or NMMU Accounting Department.  Tel: / 2014,  Closing date: April of the year preceding study

9 EDULOAN  WHO CAN APPLY?  Students can apply for a study loan through Eduloan and a sponsor can even apply on someone’s behalf, as long as they are in fulltime employment and provided that the Eduloan monthly instalment does not exceed 25% (based on a one year loan) of you or your sponsor’s monthly basic salary.  Eduloan offers affordable study loans to suit every student or their sponsor’s affordability criteria. Apply to: Call , or visit their website: co.za Closing date: You can apply for educational finance with Eduloan at any time.

10 TEGKOR/NMMU ACCOUNTING BURSARY WHO CAN APPLY? Are you an NMMU student who meets all of the following criteria?  You are currently studying 1st year, 2nd year or 3rd year of the following programmes: -BCom Chartered Accountancy -BCom General Accounting -BCom Rationum programmes.  You have above average academic results (i.e. average marks higher than 60% for 1st year; or 55% for 2nd and 3 rd years}.  You have demonstrated a social commitment, i.e. you have made a difference to the society in which you live.

11 NOTE: The social commitment component will be evaluated based on evidence compiled and submitted by the applicant. A letter should be submitted that includes the following:  Description of the project by the project coordinator;  Period that you were involved;  The difference that the project made; - e.g. feedback from the beneficiaries; and  The number of people who benefitted from the project. WHAT IS THE AMOUNT OF THE BURSARY?  Bursary amounts of up to R WHO CAN APPLY FOR TEGKOR

12  Obtain an application form from: School of Accounting website: accounting.nmmu.ac.za OR From Mercy Thinyane (SOA), Main Building, 7th floor, Room 718, South Campus  Complete the application form  Attach the following documentation: Summarized curriculum vitae Certified copy of your Identity Document (ID) Your academic record Portfolio of evidence with proof of your contribution to society  Completed application forms can be handed to above office OR, ed to OR, faxed to APPLICATION PROCESS FOR THE ACCOUNTING BURSARY

13 INVESTEC MERIT AWARD lnvestec offers partial bursaries of up to R to first year students who aim to study full time towards an undergraduate degree in BCom Accounting or BCom Rationum programmes. The amount of the merit award is determined by a committee comprising representatives from NMMU and lnvestec with reference to the academic performance and household income of successful applicants. MERIT AWARD CRITERIA  South African citizens;  Admitted for the first time into the BCom Accounting or BCom Rationum programmes;  With very good Grade 12 results (i.e. APS score more than 40);  With a Mathematics mark of more than 65%; and  With a financial need (aggregate household income below R340,000).

14  Obtain an application form from: OR From the SOA, Main Building, 7th floor, Room 718, South Campus;  Complete the application form  Attach the following documentation: Certified copies of your ID document, your father, mother, brothers and sisters Proof of income for your father and mother (salary slips or sworn affidavits) Final Grade 12 results  Completed application forms can be handed in at Room 718, SOA, Main Building, 7th floor, South Campus. OR fax to OR, to APPLICATION PROCESS FOR THE INVESTEC MERIT AWARD

15 Bursaries awarded by sponsors  Disability bursaries / NFAS DoL  Deloitte  Department of National Treasury  Engen  KPMG  Eskom  GCR Academy bursary fund  Milde McWilliams Bursary  PPS Chairman’s fund

16 DISABILITY BURSARIES Disability bursaries / NFAS DoL  Bursaries are available for disabled students.  For further information: Contact the NMMU disability officer Ruth Barends Tel:  Application is made on the NSFAS website.  OR an application form can be downloaded and sent to the NSFAS office in Cape Town.

17 DELOITTE Who can apply? Students studying for a CA qualification. Closing date: None, but students are encouraged to apply early in the year. How to Apply: Online at Contact:

18 DEPARTMENT OF NATIONAL TREASURY Who can apply:?  Only qualifications with the following major subjects will be considered: -Economics. Taxation, Accounting, Finance, Public Finance, Computer science/Information systems, Corporate governance, Statistics/Mathematics, Social policy/ Development economics, Econometrics.  Grade 12 applicants must have an aggregate of 60% or higher, university students 65%+  Apply to: Director, Talent Management, National Treasury, Private Bag X115, Pretoria, 0001  or Tel:  Closing date: 30 September

19 ENGEN & KPMG BURSARIES Engen Bursaries: Are you eager to further your studies and in need of financial assistance?  Who can apply:  BSc Chemical Engineering : 1st and 3rd year only  BSc Mechanical Engineering: 1st and 3rd year only  BSc Electrical Engineering: 1st year only  BCom Accounting: 1st year and 2nd year only  BCom IT: Honours level only  BSc IT: 2nd and 3rd year only KPMG bursary: Who can apply? Students studying towards a BCom C3 or R level qualification Value of bursary: Amount varies Apply online: or sms “apply” to Closing date: Applications are accepted all year round.

20 ESKOM BURSARY Who can apply?  South African citizens in any one of the following fields:  Engineering / Computer Science, BCom Accounting / Economics,  Electrical Engineering (Heavy Current)  Learners currently doing year S1, S2 & S3 Closing date: 14 September Apply to: ESKOM HR, Private Bag X1, Beacon Bay, 5205 Fax applications with academic records to: Nonzuzo Contact person: Nonzuzo Zondani Tel: or

21 GCR ACADEMY BURSARY FUND The bursary will provide financial assistance for the education, training and skill development of historically disadvantaged Gauteng residents who are considering a career in the following areas:  Chartered Accountancy  Requirements: Preference will be given to learners with excellent results. Enquiries: Lydia Mathinya , Closing date: 20 October

22 MILDE MCWILLIAMS BURSARY Eligibility: Preference will be given to financially needy students with good academic results The value of the bursary will be a maximum of R12000 Selection criteria: Applicants must registered for the following fields of study:  Accounting / Business Management  Information Technology  Architecture / Building disciplines  Engineering  Law  Nursing  Marketing management Application forms obtainable at Financial Aid Office, North Campus as from 1st September. Closing date: 31st October

23 CONTACT DETAILS How to contact the NMMU Financial Aid office: Financial Aid PO Box Nelson Mandela Metropolitan University Port Elizabeth 6031 Tel: Website:


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