The Importance of understanding the conditions of bursary acceptance It is important to be aware of the fact that different bursaries have different criteria, conditions and application deadlines. Be sure that you know which bursaries you qualify for and what the conditions are. Bursary applications, and all relevant documents, have to be formally approved by the supervisor concerned.
Conditions of bursary acceptance
When applying for a bursary, be aware that some bursaries have strict conditions attached to them. These are called ‘contract bursaries’. For example, contract bursary may require you to work for the company that has given it to you when you are done with your studies. Contract bursaries are mostly common in the Mining and Engineering career fields.
The Importance of understanding the conditions of bursary acceptance
Understanding the conditions of a bursary before accepting, helps you with the following:
- You get to make fair comparisons between various conditions of different bursaries available
- You are able to compare between bursaries vs other financial assistence, such as loans, internships, aprenticeships, etc
- You know exactly about what to expect when you complete your studies. As some busraries providers will requre you to work at their companies after studies for a certain period of years. So you get to know in advance where your first job will be.