Funza Lushaka Bursary: Estimated Benefits Guide

The Funza Lushaka Bursary provides financial support to eligible students pursuing teaching qualifications in areas of national priority. The bursary covers various expenses related to your studies. Here’s an overview of the estimated benefits provided by the Funza Lushaka Bursary:

Financial Coverage

  1. Tuition Fees:
  • The bursary covers the full cost of tuition fees for your teaching qualification at a recognized Higher Education Institution.
  1. Accommodation and Meals:
  • The bursary includes funds for accommodation, either on-campus or off-campus, along with meals or meal allowances.
  1. Books and Learning Materials:
  • An allowance is provided to cover the cost of prescribed textbooks and necessary learning materials.
  1. Living Allowance:
  • A small living allowance is included to help with personal expenses throughout the academic year.

Estimated Breakdown

The actual amount awarded may vary based on the specific institution and the costs associated with your program. Here’s an estimated breakdown of the benefits:

  1. Tuition Fees:
  • Typically ranges from R30,000 to R50,000 per year, depending on the institution and course of study.
  1. Accommodation and Meals:
  • Accommodation: Approximately R40,000 to R60,000 per year.
  • Meals: Approximately R15,000 to R25,000 per year.
  1. Books and Learning Materials:
  • Approximately R5,000 to R10,000 per year, depending on the course requirements.
  1. Living Allowance:
  • Approximately R6,000 to R10,000 per year, intended for personal expenses.

Total Estimated Annual Benefit

  • The total annual benefit of the Funza Lushaka Bursary can range from R96,000 to R145,000 per year. This is a rough estimate and can vary based on the specific costs incurred.

Additional Considerations

  • Renewal of the Bursary:
  • The bursary is renewable each year, subject to satisfactory academic performance and adherence to the program’s requirements.
  • Service Commitment:
  • Upon completion of your studies, you will be required to teach in a public school for the same number of years that you received the bursary.

Application and Benefit Receipt

  1. Application:
  1. Disbursement of Funds:
  • Once awarded, the bursary funds are typically disbursed directly to the institution to cover tuition, accommodation, and other fees. The living allowance and book allowances may be provided directly to the student.

Tips for Managing Your Bursary

  • Budgeting:
  • Create a budget to manage your living allowance and ensure you have enough funds to cover personal expenses throughout the year.
  • Keep Receipts:
  • Maintain receipts for books and learning materials, as you may need to provide proof of purchase.
  • Stay Informed:
  • Regularly check the Funza Lushaka website and communicate with your institution’s financial aid office to stay informed about any changes or additional requirements.

By understanding the estimated benefits and managing your bursary effectively, you can focus on your studies and work towards becoming a qualified teacher in an area of national priority.