Rosebank College Bursaries and Scholarships
Rosebank College, an educational brand of the Independent Institute of Education (The IIE) is a proud participant of the Fundafuture Bursary Project. Fundafuture is a tertiary education crowdfunding platform that aims to assist students, in particular those who are not rich enough to pay for their own studies, and not poor enough to qualify for grants through the National Student Financial Aid Scheme (NSFAS).
“Rosebank College made a strategic decision to partake in the Fundafuture Bursary Project after realising that some students were unable to complete their studies, to graduate even deferring completion of their studies to a later date due to various financial constraints,” says Lillian Bususu, National Graduate Development Manager at Rosebank College National Office. “We decided to assist these students by approaching our client partners for assistance for funding through their CSI initiatives for this purpose,” added Bususu.
Rosebank College currently has 1420 students on its books who are unable to complete their studies due to financial constraints. Anyone or any organisation can partner with Rosebank College to raise funds for these students, simply visit the Rosebank College page and click on the student they want to sponsor and then start donating. “Any financial assistance will go a long way in securing the future of our young people,” says Bususu.
The idea behind Funda Future is to pay it forward – so that graduates who are successful and become economically active are then able to in turn sponsor other students at a later stage, and so forth.
Gift Mazibuko, an IIE Diploma in Information Technology Management received a R25 290 sponsorship from Tractionel Enterprise. Gift’s aunt Dudu Xulu was barely managing to pay for his fees because his mother wasn’t working. “The monthly expenses far exceeded my income and hence I had outstanding debt of R5500 at Rosebank College,” says Xulu. “Besides this, I had to also pay for all of Gift’s monthly medical expenses and consultations. This bursary is a blessing to all of us and thank God for giving us this opportunity.”
Asked about his funding Gift says “I am very happy about the bursary, as it is a relief for my aunt. She was battling to pay and when I was called and told that I was earmarked for bursary – it’s funny that that day, I didn’t have transport money to come to school. I started praying and thank God for the bursary. I am happy and grateful that Rosebank College gave me this opportunity to access this bursary. It could have been anyone else, but it was me who got it. I am intending to work and study hard, so that I can get the bursary for next year as well, as I would love to finish this diploma and start helping my family. I want to also extend my gratitude to Tractionel Enterprise for this money and also giving us a monthly stipend for transport and food. What a relief. Thank you.”
Rosebank College is an educational brand of The Independent Institute of Education (Pty) Ltd which is registered with the Department of Higher Education and Training as a private higher education institution under the Higher Education Act, 1997 (reg. no. 2007/HE07/002). Company registration number: 1987/004754/07.
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Not sure how you are going to pay your tuition fees and pay for your required textbooks? Stressed out about whether this will affect your ability to start or complete your studies? Let’s explore the options available for you to finance your studies in 2016.
Enter our live the dream competition
If you are an IIE Rosebank College student you are automatically eligible to apply. One lucky student from each Rosebank College campus will win. The prize includes a one year full tuition bursary to study at Rosebank College in 2016 up to the value of R25 000. That’s not all. You also win a R4000 wardrobe voucher, a cellphone voucher to the value of R5000, airtime to the value of R2000 and movie tickets for the year valued at R1000. Winners will be announced in March 2016. Now that sounds like a sweet deal.
Pay 2015 fees in 2016
If you register and pay your deposit to attend Rosebank College in 2016 by 31 October 2015, you can pay 2015 fees in 2016. This saves you money and guarantees your spot for next year. What are you waiting for? Register for 2016 today.
Have you ever thought of asking complete strangers to help finance your education? Build a Facebook and/or Twitter page or start a blog page where you upload videos and quirky content to attract investors. You will be really surprised to see the support and generosity that you will spark for this approach. And keep your promise – send your sponsors a copy of your IIE qualification after you graduate.
Apply for an eduloan
Eduloan offers students an array of student financial options to choose from. Visit the website for more information www.eduloan.co.za
Apply for a bank loan
All of South Africa’s major banks offer student loans. These are loans designed specifically for people looking to finance their studies. Find out what the requirements are from your nearest branch and make sure that you read and understand the terms and conditions clearly.
Get a job
Find out if there are any jobs on campus that you can apply for. Not only will you make some money but you will also gain some work experience. Or look for a holiday or weekend job. Again this is a great way to learn how to manage your time while making some bucks. Just make sure that you don’t lose focus when the katching starts coming in.
Study for an IIE Programme offered through part-time or distance tuition
Studying full time can be very costly. There is transport and accommodation costs to consider. Don’t forget your daily lunch money. Explore the other options available to you. Studying part time allows you to work at the same time, while distance allows you to study at your own pace.
Apply for a bursary
A bursary is money granted on the basis of financial need. These are different from scholarships because they are merit based and are awarded for academic achievement, while bursaries are based on financial need and do not have to be repaid with money. However you may have to pay back for your bursary by committing to work at the benefactors company for a certain period of time.