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Cape Peninsula University Of Technology Financial Aid

Cape Peninsula University Of Technology Financial Aid

Cape Peninsula University Of Technology Financial Aid, Financial aid is money awarded to students who are financially needy and academically competent, or have a high level of academic achievement. The money can be used to pay for study-related costs as determined by the donor such as tuition fees, accommodation, meals, and books.
Funding is always connected to academic competence or achievement since donors want to be sure that their money is spent on students who take their education seriously. Even financially needy students must be academically competent to qualify for financial aid.


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Types of funding

Bursaries
Bursaries are awarded to students by companies, NGOs, government departments, and SETAs. These awards usually have set criteria (such as financial need, academic merit, field of study, gender, place of birth). The donor decides what study-related costs will be covered. Students who successfully complete their studies usually don’t have to repay a bursary, but some bursaries do include a service contract with the company granting the bursary.
Loans
A loan is an amount of money given to a student on the condition that the student will repay the money over a set period of time once they graduate. The student signs a legal agreement with the lending company and in most cases a guarantor (someone to repay the money should the student fail to do so) is needed. If a student or their guarantor fails to repay the loan, legal action can be taken against them by the company or organisation to retrieve the money.
Scholarships
A scholarship is an amount of money granted to a student based on past academic excellence. It is usually only granted for academic merit. Scholarships usually have no employment conditions, repayments or general conditions attached.
 

Financial aid and funding

A variety of loan and bursary options are available to deserving students who have been accepted into their first year at CPUT.
The most popular choice is the National Student Financial Aid Scheme (NSFAS) which is a government body that allocates a set amount of money toward a student’s individual tertiary education needs.
The repayable loan has already assisted thousands of students nationwide to gain access to higher education. It also incentivizes students to perform well academically by offering to wipe 40% of the amount owed if they continuously score well.
NSFAS loans are repayable once a student starts earning a salary.
Students who have been accepted to CPUT as first time, first-year students for 2014 can apply for financial aid up to the last working day of February. All applications are managed and processed by the Financial Aid office at CPUT.
CPUT also offers merit bursaries to students who scored an A-aggregate in their matric exams
Applicants must be South African citizens, have a very good academic record, should be assessed as financially needy and have to make a family contribution towards their studies. The size of awards varies according to individual needs.
Additionally most commercial banks, including Eduloan – similar to a bank loan, have affordable student loan options available.
Finally a number of external companies, clubs, churches etc offer financial assistance to needy students.
Check https://www.cput.ac.za/study/funding/undergraduate for more information on financial aid and funding

Financial aid and funding

NSFAS – 2019 APPLICATION WINDOW

First -Time Entering Students do not need to have acceptance for a place at CPUT before they can apply for funding.
Prospective students can apply using their preferred choice, of course, choice of institution and update it later if it changes.
Please note that funding will only be given to a registered student for the 2019 academic year, who would have applied before the closing date and successfully met the eligibility criteria.
NSFAS is advising learners (Gr12) and students (currently in enrolled at the University and not funded in 2018) who have not yet applied for financial aid for 2019 that applications close on November 30, 2018 (In 30 days).
The online system will automatically close at midnight, and no application will be accepted thereafter.
APPLY HERE


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Financial Aid and Funding

CPUT assists students with accessing a wide variety of financial aid and funding for study-related costs such as fees, accommodation and books.
The Financial Aid office advises undergraduate (National Diploma) students on the various funding options available to them and assists with the application and administration process of various types of funding.
The Centre for Postgraduate Studies helps postgraduate students secure funding for their studies through various bursaries and loans offered by CPUT and external organisations.
Quick links


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Contact the Financial Aid Office

Bellville Campus: Ground Floor, Library Extension
Cape Town Campus: Administration Building, Floor 5
Wellington Campus: Administration Building, Room A19
Mowbray Campus: Barkley Davis Building, Room 0.23

Name and designation
Contact details
Mrs Nozuko Nikani
Administrative Assistant
Tel: +27 21 959 6371 (BLV)
Mr Zanethemba Mapundu
Financial Aid Assistant: Helpdesk
Tel: +27 21 959 6238 (BLV)
Mr Cyrano Arries
Financial Aid Assistant: Helpdesk
Tel: +27 21 460 3831 / 3918 (CT)
Bursaries
Mr Neels Claasen
Senior Financial Aid Officer
Tel: +27 21 959 6253 (BLV)
Mr Azola Mgquba
Financial aid officer
Tel: +27 21 959 6493 (BLV)
Mr Aqa Qamse
Financial aid officer: International & Short-course
Tel: +27 21 460 8398 (CT)
Mr Mphumzi Rululu
Financial aid officer
Tel: +27 21 6127 (M)
Ms Nonqaba Gxothiwe
Financial aid officer
Tel: +27 21 959 6668 (BLV)
Ms Cymantha Booysen
Financial aid officer: Work-study
Tel: +27 21 959 6578 (BLV)
Mr Curtis Pietersen
Financial aid officer: Work-study
Tel: +27 21 959 6876 (BLV)
NSFAS
Mrs Shannon Cupido
Senior Financial aid officer
Tel: +27 21 460 8389 (CT)
Mr Alex Bannister
Financial aid officer
Tel: +27 21 959 6594 (BLV)
Mr Eric Feleza
Financial aid officer
Tel: +27 21 460 8341 (CT)
Ms Nina Soyekwa
Financial aid officer
Tel: +27 21 959 6349 (BLV)
Email: [email protected]@cput.ac.za
Ms Nozuko Siyolo
Financial aid officer
Tel: +27 21 460 3059 (CT)
Mrs Patricia Faila
Acting Financial aid officer
Mrs Primrose Tshayana
Financial aid officer
Tel: +27 21 460 8398 (CT)
Ms Veronica Perry
Financial aid officer
Tel: +27 21 959 6495 (BLV)
Mr Danley van Wyk
Financial aid officer
Tel: +27 21 864 5546 (W)

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