Bursaries         |            Eduloan          |          ABSA Study Loan

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  1. Location
  • Durban Campus – Lower Library Complex, Steve Biko Campus
  • Pietermaritzburg – Room H110, Riverside Campus

 

  1. Core Business

The core business of Financial Aid Unit is to administer bursaries that are pledged by Donors to financially needy and academically deserving students including NSFAS Bursaries.

 

  1. Guide for Financial Aid
  • Financial Aid is granted to full – time registered students only.
  • Students must be South African citizens.
  • Allocation of funds is based on financial need and/or academic merit.
  • Financial Aid is granted as per the conditions stipulated by donors/sponsors and DUT.
  • Funds allocated to students are credited/paid directly to the student’s fee account.
  • Donors are entitled to a full and detailed account of the administration of their monies.

 

  1. Application Process for NSFAS Bursaries
  • The application process and required documentation are available from nsfas.org.za

 

  1. Closing Date for Applications
  • NSFAS Applications for 2023 are currently open, apply for the Bursary before 31st January 2023.

 

  1. Qualifying criteria

You qualify for a NSFAS bursary if you are a South African citizen who plans to study in 2023 or you are already studying at a public university or TVET College and you meet the following requirements:

  • SASSA grant recipients. or
  • Your combined household income is not more than R350 000 per year. or
  • Person with a disability with a combined household income of not more than R600 000 per year. or
  • Student who begun their university studies before 2018 and their household income is not more than R122 000 per year.

 

  1. What Is Required During the NSFAS Application Process?

NSFAS may need more information from you to process your application, check what supporting documents are required and ensure that you have all the relevant information.

You will need the following to complete your NSFAS application:

  • Your own cellphone number and email address
  • Copy of your ID or birth certificate
  • ID copies of parents, guardian, or spouse
  • Your proof of income or 1 year’s IRP5 (if applicable)
  • Your parents, guardian, or spouse’s proof of income
  • If you are a SASSA grant recipient, no proof of income will be required
  • Applicants with a disability must submit a completed and signed Disability Annexure A Form, click here to download
  • An applicant who is recognized as a Vulnerable Child by the Department of Social Development must provide a completed and signed Vulnerable Child Declaration and Consent Form, click here to download.

 

  1. Academic Merit

Students studying at DUT will be judged on their academic performance. Continuing students will have to progress to the next level to qualify for bursary. New first year students will be awarded bursaries based on successful registration for a funded qualification.

 

  1. The Financial Aid Package

Students will not pay the minimum registration fee once NSFAS Awards has been confirmed.

The NSFAS bursary covers tuition and residence costs including meal and/or learning material allowances (books).

 

  1. Bursaries

Bursaries are awarded to students in terms of laid down criteria stipulated by donors/sponsors. Selection of students will be based on financial need, academic potential, field of study, etc.

 

  1. Advertising of Bursaries

When Donors pledge funds to DUT, such funds will be advertised on the following Notice Boards: –

  • Department of Financial Aid
  • Targeted Academic Departments
  • Faculty Offices

 

  1. DUT Scholarship policy (administered by the Finance Unit)

Undergraduate Scholarship: For New Students (First Academic Period)
This award is made to first year full-time South African students who have obtained excellent results in the National Senior Certificate in the preceding year which takes the form of a tuition fee remission as follows:

  • A New student who has obtained a National Senior Certificate with an aggregate of 80% or higher shall qualify for a 100% remission of tuition fees for the first year of registration.
  • A New student who has obtained a National Senior Certificate with an aggregate of between 70% – 79% shall qualify for a 50% remission of tuition fees for the first year of registration.

 

Should you require further information, kindly contact Financial Aid Unit

Durban
Telephone: 031 373 2553
Email: finaiddbn@dut.ac.za
Book an online appointment here: https://outlook.office365.com/owa/calendar/FinancialAidDepartment@dut4life.ac.za/bookings/

Pietermaritzburg (PMB)
Telephone: 033 845 8889/8890.
Email: finaidpmb@dut.ac.za
Book an online appointment here: https://outlook.office365.com/owa/calendar/FinancialAidDepartment@dut4life.ac.za/bookings