Bursaries For Missing Middle Students

03:04 Monrovia 0 Comments

 


In South Africa, the pursuit of higher education is often seen as a motivating force, a pathway to economic mobility, and a key driver of social progress. However, amidst the multitude of challenges facing the country's education system, there exists a group often overlooked and underserved: the "missing middle."

The term "missing middle" refers to individuals who do not qualify for government-funded financial aid but also cannot afford the full cost of tertiary education without significant financial strain. These individuals typically come from families with incomes too high to qualify for full financial assistance, yet too low to comfortably afford the escalating costs of tuition, accommodation, and other expenses associated with higher education.

The difficulties faced by the missing middle in South Africa are multifaceted. One of the primary challenges is the limited availability of bursaries specifically tailored to this group. Unlike those from lower-income backgrounds who may qualify for government grants or scholarships, and those from higher-income families who can afford tuition without assistance, the missing middle often finds themselves caught in a financial limbo.

The characteristics of the missing middle vary, but they often include students whose families earn too much to qualify for government assistance schemes but lack the financial resources to cover the full cost of tertiary education independently. These students may come from lower-middle-class backgrounds, single-income households, or families with multiple dependents.

The implications of this gap in financial support are profound. Without adequate funding, many talented individuals from the missing middle are unable to pursue higher education or are forced to take on significant debt burdens, limiting their opportunities and perpetuating cycles of inequality.

Despite these challenges, there are bursaries and financial aid opportunities available for the missing middle in South Africa. While the options may be more limited compared to those for other income brackets, they provide crucial support for students striving to access higher education. Here are some notable bursaries and scholarships aimed at assisting the missing middle:

·         Ikusasa Student Financial Aid Programme (ISFAP)

ISFAP provides financial assistance to students from the missing middle who are pursuing qualifications that are in demand by the South African economy. The programme aims to bridge the gap between government funding and the actual cost of tertiary education for deserving students.

Minimum Requirements:

1.      South African citizenship

2.      Pursuing in-demand qualifications

3.      Academic merit

4.      Financial need.

·         FirstRand Laurie Dippenaar Scholarship

This scholarship is awarded to exceptional South African students with leadership potential. While it covers tuition, accommodation, and other expenses for undergraduate studies at any South African university, it also considers applicants from the missing middle who demonstrate outstanding academic merit and leadership qualities.

Minimum Requirements:

1.      South African citizenship

2.      Exceptional academic performance

3.      Leadership potential

4.      Acceptance to a South African university 

·         Cisco Charitable Foundation Bursary

The Cisco Charitable Foundation offers bursaries to South African students pursuing studies in Information and Communications Technology (ICT) fields. While the bursary primarily targets disadvantaged students, it also extends support to individuals from the missing middle who are passionate about pursuing careers in ICT.

Minimum Requirements:

1.      South African citizenship

2.      Pursuing studies in Information and Communications Technology (ICT)

3.      Financial need

4.      Passion for ICT 

·         PPS Foundation Bursary

The PPS Foundation provides bursaries to students in various fields of study, including medicine, engineering, and commerce. While preference is given to students with ties to the professional sector, the foundation also supports deserving individuals from the missing middle who demonstrate academic excellence and financial need.

Minimum Requirements:

1.      South African citizenship

2.      Academic excellence

3.      Pursuing studies in designated fields (e.g., medicine, engineering, commerce)

4.      Financial need

·         Fasset Bursary Programme

The Finance and Accounting Services Sector Education and Training Authority (Fasset) offers bursaries to South African students pursuing studies in finance, accounting, and related fields. While the programme targets individuals from historically disadvantaged backgrounds, it also provides opportunities for students from the missing middle to access financial support for their education.

Minimum requirements:

1.      South African citizenship

2.      Pursuing studies in finance, accounting, or related fields

3.      Financial need

4.      Preference may be given to individuals from historically disadvantaged backgrounds.

·         NSFAS

The National Student Financial Aid Scheme offers financial support to South African students who are academically deserving and come from households with combined annual incomes of up to a certain threshold. While the scheme primarily targets students from low-income families, it also provides partial funding for those from the missing middle.

Minimum requirements:

1.      Academic merit

2.      South African citizenship

3.      Household income below a certain threshold 

·         The Allan Gray Orbis Foundation Fellowship

This is a comprehensive scholarship that covers tuition, accommodation, and a living stipend for students pursuing undergraduate degrees at select South African universities. The fellowship seeks to support individuals with entrepreneurial potential, including those from the missing middle.

Minimum requirements:

1.      South African citizenship

2.      Academic merit

3.      Leadership potential

4.      Financial need

5.      Acceptance to a participating university


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