HCI Foundation: Bursaries Opportunity for 2025
HCI Foundation is looking for South African students who are committed to pursuing higher education and are in need of financial assistance. The foundation is offering bursaries for the 2025 academic year to support students at selected universities. This opportunity is ideal for both new applicants pursuing Honours or Postgraduate Diplomas, as well as current recipients continuing their undergraduate studies.
About HCI Foundation
HCI Foundation is a social investment arm of the Hosken Consolidated Investments (HCI), a black empowerment investment holding company. The foundation is dedicated to creating opportunities and supporting initiatives that empower South Africans through education, community development, and social transformation.
Bursary Details
- Company Name: HCI Foundation
- Bursary Coverage: Partial bursary covering up to 75% of tuition fees (maximum of R40,000 per annum)
- Location: Public universities or universities of technology in South Africa
- Application Closing Date: 30 September 2024
Bursary Overview
HCI Foundation will be awarding bursaries to assist with up to 75% of tuition fees, capped at R40,000 per annum. The bursary is directly paid into the student's fee account around July each year. While the bursary helps with tuition, it does not cover additional expenses such as books, residence, transport, living expenses, or meals.
Eligibility Criteria
Applicants must meet the following requirements:
- Be a South African citizen, refugee, or asylum seeker.
- Be 35 years old or younger by the application closing date.
- For current HCI bursary recipients: continuing undergraduate studies at a recognized public university or university of technology.
- For new bursary applicants: studying towards an Honours or Postgraduate Diploma at one of the following universities:
- University of Witwatersrand
- University of Johannesburg
- University of Pretoria
- University of Cape Town
- University of the Western Cape
- Stellenbosch University
- Rhodes University
- University of KwaZulu-Natal
- University of the Free State
- Nelson Mandela University
- North-West University
- Must be studying full-time (part-time or distance learning is not eligible).
- Not studying at a TVET College.
- Have a gross family income of less than R38,000 per month.
- Not be receiving a full-cost bursary or large partial bursary from another source.
Required Documents
Applicants must submit the following documents online:
- Certified copy of ID document (for South African citizens).
- Certified copy of proof of permanent residency, refugee, or asylum seeker status (if applicable).
- Full academic record, including the latest results (on institution's letterhead).
- Proof of registration or acceptance at one of the eligible universities for 2024 (for new applicants).
- Parents or guardians' proof of household income (certified copies).
- Parents or guardians' death certificate (if applicable).
- Affidavit from a parent (if residing with only one parent).
- Motivational letter (550-750 words) detailing why you should be selected, highlighting personal qualities, leadership potential, critical thinking capacity, and commitment to giving back.
How to Apply for HCI Foundation: Bursaries Opportunity for 2025
- Online Application: Applications must be completed online. There is no hardcopy application form.
- Documents Submission: Ensure all required documents are uploaded during the application process. Missing documents may lead to disqualification.
- Save and Resume: The application can be saved and resumed later if needed, but must be submitted before the closing date.
- Contact Information: Provide a correct email address and cell phone number for communication.
Application Closing Date
- Deadline: 30 September 2024
To apply, visit the official HCI Foundation website and follow the application instructions carefully. Make sure your application is complete and submitted before the deadline to avoid disqualification.
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