The HCI Foundation is an independent trust controlled by its trustees, including members of the HCI Board of Directors, employees from HCI subsidiary companies, and independent experts. HCI, or Hosken Consolidated Investments Limited, is an investment holdings company primarily generating revenue from the Casino Gaming and Hotels sector. It is a black empowered company involved in various other investment groups, such as property, hotel and leisure, transport, clothing, mining, interactive gaming, media, and broadcasting. HCI operates in multiple countries, including South Africa, the rest of Africa, Australia, the United States, the United Kingdom, and China. The HCI Foundation is the corporate social investment branch of HCI, aiming to uplift South Africans and make a positive and sustainable impact in underprivileged communities.
HCI Bursary Programme:
The HCI Foundation offers bursary funding for the 2023 academic year. The bursaries are available for the following categories:
- New bursary applicants: Honours and Postgraduate Diploma studies at approved institutions, including the University of Witwatersrand, University of Johannesburg, University of Pretoria, University of Cape Town, University of the Western Cape, University of Stellenbosch, University of KwaZulu-Natal, University of the Free State, Rhodes University, Nelson Mandela University, and North-West University.
- Current HCI bursary recipients: Continuing Undergraduate studies at recognized public Universities or Universities of Technology in South Africa.
Coverage and Service Contract:
The HCI Foundation awards partial bursaries that cover up to 75% of tuition fees, with a maximum amount of R38,000 per annum. The funds are directly paid into the student’s fee account at their institution around July each year. The bursary does not cover expenses such as books, residence, transport, living expenses, and meals.
There is no service contract or obligation to repay the bursary. However, recipients are expected to engage in community projects, participate in tutoring and mentoring programs, and volunteer within their communities. They are also required to complete surveys and attend workshops throughout the year after graduation. Graduates may have the opportunity to enter the HCI Graduate Development Programme, if available.
To be eligible for the HCI Bursary, applicants must meet the following criteria:
- South African citizenship, permanent residency, refugee status, or asylum seeker status.
- Age 35 years or younger on the application closing date (30 September ).
- Current HCI bursary recipients: Continuing studies towards an undergraduate qualification at recognized public Universities or Universities of Technology in South Africa in 2023.
- New HCI bursary applicants: Studying towards an Honours or Postgraduate Diploma at specific universities in South Africa (listed above).
- Full-time study (part-time or distance studies are not funded).
- Not studying at a TVET College.
- Gross family income of less than R38,000 per month.
- Not in receipt of a full-cost bursary or large partial bursary from another source (partial bursary, NSFAS, or other loans are acceptable).
Applications for the HCI Bursary must be submitted online through the HCI Bursary Application 2023 platform. Along with the online application, clear copies of supporting documents must be submitted. These documents include ID documents, proof of residency status (if applicable), full academic records, proof of income, a motivational letter, and proof of registration or acceptance at the chosen university.
Applications are only accepted online, and there is no downloadable or hardcopy application form.
Allocate enough time to complete the online application form and submit it before the closing date.
Ensure accurate contact details (email address and cell phone number) are provided.
Applicants will receive an email with a link to the second part of the application after completing the first phase.
Keep the registration number for future reference.
Students receiving NSFAS or partial bursary funding may apply, but those receiving full funding from another source are not eligible.
The closing date for the HCI Bursary is 30 September.
For any queries regarding the HCI Bursary Programme, applicants can contact the HCI Foundation directly: Bursary Department Tel: 021 424 6010 Email: firstname.lastname@example.org