HCI Foundation Bursary 2025 Guide & Online Application
Bursary Name 569_f96272-76> |
HCI Foundation Bursary 569_4afc88-ae> |
Bursary Closing Date 569_19dc41-11> |
September 30, 2024 569_939c0c-2d> |
Bursary Sponsor 569_7c0b12-2f> |
Hosken Consolidated Investments 569_0b4ac2-8a> |
Funded Items 569_2d7f1b-8a> |
Tuition fee. 569_ea3e0b-e6> |
Are you struggling to make both ends meet because the university fees are too high and your income is lower than the average South African citizen? In such conditions, the majority of the students stop studying and start working to manage their household expenses. However, these students also seek a light of hope of means that can revive their educational careers.
HCI Foundation Bursary is that beckon of hope that will help you get a quality education. It is an assistance program designed to provide partial financial assistance to university students.
It covers 75% tuition fee of a student up to R40,000 per annum. If you are eager to get quality higher education and financial crises are becoming a hurdle, apply for the HCI Foundation Bursary.
Most South African young people are having a hard time focusing on their studies because of financial deprivation. Actually, the university fees are higher than the average income of a student; therefore, almost all students work and get an education at the same time. But sometimes, it is hard to manage both education and work simultaneously when you see no positive outcome.
Therefore, these students leave their educational career and start their earning career. It is not only damaging for them but also for the entire country as it lowers our literacy rate. However, bursaries like HCI Foundation Bursary are playing a positive role in the development of South Africa by providing students an opportunity to get a quality education for nearly free and increasing the overall literacy rate.
HCI Foundation Bursary is a corporate social investment arm of HCI. It is a black people empowerment investment company that originated in South Africa. Its purpose is to develop society and increase the well-being of people, improve their quality of life, and provide them with a quality education.
It has launched multiple scholarship and bursary programs in which HCI Foundation Bursary is one of them. It covers 75% of the expenses of a student’s degree, paying his tuition fee. The purpose of the HCI Foundation is to maintain South Africa’s literacy rate, help young people, increase their means of earning, and provide them with higher education.
HCI Foundation Bursary Eligibility Criteria
The majority of the candidates neglect the importance of eligibility criteria and rush to apply for the bursary. However, the criteria determine whether you should apply for the bursary or should not waste your precious time. Here is the eligibility criteria, read carefully and then advance forward.
- An applicant must be a citizen, refugee, or asylum seeker in South Africa.
- An applicant must be 35 years old or younger.
- An applicant must continue his undergraduate studies from a recognized university from the South African Higher Education Department for the Current Bursary.
- An applicant must study on a full-time basis, while part-time or distance learning is not supported by the HCI Foundation Bursary.
- An applicant must not be studying at TVET College.
- The gross family income of the applicant should not be more than R40,000 per annum.
- An applicant is not enrolled for any other bursary at full cost or large partial cost.
- An applicant must be studying towards an Honour or Postgraduate Diploma at any of the universities mentioned below for the New Bursary:
- University of Witwatersrand
- University of Johannesburg
- University of Pretoria
- University of Cape Town
- University of the Western Cape
- University of Stellenbosch
- Rhodes University
- University of KwaZulu-Natal
- University of the Free State
- Nelson Mandela University
- North-West University
Required Documents
- You need a certified copy of the ID document.
- You need to attach proof of residency, refugee or asylum seeker status, if applicable.
- You need to provide a full academic record and the most recent marksheet on the institute letterhead.
- If you are a new applicant, attach the proof of registration or acceptance letter from the universities mentioned above.
- You need to provide proof of income of parents or guardians.
- In case your parents or guardians are deceased, attach their death certificates.
- You need to send a motivation letter on why we should provide you with a bursary and mention your personal qualities, ethics, and leadership potential in it.
- Provide an affidavit from your parents if you are only with a single parent.
What Fields Does HCI Foundation Bursary Cover?
- Current Bursary: It is a program for undergraduate studies from the universities.
- New Bursary: It is a program for Honors or Postgraduate Diploma studies mentioned above.
Application Process
You need proper guidance to apply for the HCI Foundation Bursary if you have not applied online before. The process of application is slightly complicated, but I divided it into simple and short steps, so you can understand it better. Follow my footsteps and the instructions.
Step 1: Go to the official website of the HCI Foundation via the link mentioned below.
Step 2: Click on the “Apply” button and provide all the information.
Step 3: You need to provide authentic information; otherwise, the department may take legal action against you. Once you fill in all the bars, upload the mandatory documents.
Step 4: Click on the “Submit” button, and you will receive an email that your application has been received.
Note
The application form cannot be downloaded, so you need to fill it out on the HCI Foundation webpage. Additionally, you need to provide an active Gmail account because the department will communicate with you via email. Lastly, if you are unable to complete an application, you can save and continue it later.
HCI Foundation Bursary Contact Details
Phone Number: 021 424 6010
Email: [email protected]
What Expenses Does HCI Foundation Bursary Cover?
There are speculations that the HCI Foundation Bursary covers transportation and accommodations expenses. According to the HCI Foundation officials, it only pays 75% of the tuition fee of an enrolled student if he falls under the criteria of the foundation. In case the applicant is repeating a semester or failing a course, the HCI Foundation does not pay for his fees.
The amount is not given to the student, but HCI Foundation transfers it directly to the education institute. The date of transfer is July of every year, as the transfer is made, you will receive an email of confirmation. Students cannot apply for other business or assistance programs if they are enrolled in an HCI Foundation bursary, but they can still apply for an NSFAS student loan.
What does HCI Foundation bursary cover?
HCI Foundation provides 75% of the tuition fee if you have an income lower than R40,000 per annum. It does not provide transportation, accommodation, or living allowances.
What documents do you need for HCI bursary?
You need to submit an ID document, proof of residency, parents’ income status, academic record, university acceptance letter, and motivation letter to apply for the HCI Bursary.
South African youngsters have the potential to go forward, but they have a few means that can help them make progress. HCI Foundation Bursary is one of these means that can lift you up and open the doors of opportunities by providing you with financial assistance. If you are facing difficulty making both ends meet to get higher education, you should apply for an HCI Foundation Bursary.
It will cover your 75% tuition fee if you fall under its criteria and show your intention to pursue a degree. The application process is complicated, but I have divided it into simple steps. You should also see its eligibility criteria and required documents; I hope this information will help you in the future; thank you.