Types of financial assistance

Question 1

What are the options for financial assistance

Answer 1

Bursaries, Study loans, Scholarships, Leaderships and SETAs

Question 2

What is a bursary

Answer 2

A bursary is an amount of money that you are given to help pay for your studies at a higher education institution

Question 3

What is a Study Loan

Answer 3

Money lent to you by a bank so that you can study

Question 4

What is a scholarship

Answer 4

Money that a company, business or organisation awards you because you did well at school (sports too)

Question 5

What are Learnerships

Answer 5

A job that pays you while you are studying

Question 6

What does SETA stand for

Answer 6

Sector Education and Training Authority

Question 7

Where do you get a bursary

Answer 7

You can get it from a company or business or higher education institution

Question 8

How do you qualify for a bursary

Answer 8

65% ave +

Can’t afford studies

Question 9

What is expected from you if given a bursary

Answer 9

Dala what the company does, study what they do as a company.

Question 10

Where can you register for a bursary

Answer 10

Library or higher ed institution

Question 11

What are the requirements for FET college bursaries

Answer 11

SA citizenship
enrolled for NCV
Need the klipa
Show tank marks for gr11 ,12

Question 12

What is required for you to be able to get a study loan

Answer 12

You need to be registered at a higher ed institution

Question 13

Where can you get study loans from

Answer 13

Bank -
Eduloan -
National Student Financial Scheme (NSFAS) -

Question 14

how do you get a study loan from a bank

Answer 14

Your parent or sponsor applies for it

They must be able to pay it back monthly

Question 15

What is a Eduloan

Answer 15

They are loans that cover course fees ,textbooks laptops alles

Question 16

who does NSFAS give loans to?

Answer 16

Cher it too kak poor owens who have high water potential if the owens skit they don’t have to pay like 40/100 of loan

Question 17

What does a learnership entail

Answer 17

Set up by a SETA, you sign a contract and it ends when your qualified
pay while you study , you get payed to practice the skills you study

Question 18

Stupidest example of a SETA

Answer 18

CetaSETA

Question 19

If you given a bursary from a bank what are the financial arrangements of it

Answer 19

You have to pay it back otherwise you work for the company to pay it back

Question 20

When do you have to pay back bursaries

Answer 20

When you fail , you either pay or work for the company (sometimes )

Question 21

What is a contract bursary

Answer 21

A bursary where you have to work for the company to pay it back