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WHAT IS A BURSARY?

A bursary is a monetary award made by an institution to individuals or groups of people who cannot afford to pay full fees. In return for the bursary the individual is usually obligated to be employed at the institution for the duration as the bursary. According to The Good Schools Guide, a bursary is “usually for helping out the impoverished but deserving and those fallen on hard times.

According to The Hobsons UK Boarding Schools Guide, numerous independent schools have bursary capability, namely grants from the school to help pay education fees. These are usually awarded after a “means test” of family income and are not necessarily dependent on examination performance, although some account of academic ability will be taken. Bursaries may be awarded in addition to scholarships where financial need is demonstrated and the prospective student would otherwise be unable to enter the school.

To obtain such a bursary, it is customary for parents to be asked by the school’s bursar to fill in an application form, giving details of their financial circumstances, supported by documentary evidence, including capital assets. The application will be considered by the school in accordance with its bursary policy. The award will often only remain in force until the pupil has sat the next relevant public examination. Most schools will review bursaries annually to ensure that the justification for an award remains. In Britain, any award made before GCSE will not necessarily continue to the A-level stage.

Bursaries are similar to “scholarships” or “prizes“, which are based on performance. These awards are generally given for good performance in the exams preceding university or college entrance in which the student achieves grades above the standard entry. These can be awarded by universities or, sometimes, by companies

THINGS TO KEEP IN MIND WHEN APPLYING FOR A BURSARY

A lot of students are usually confused when it comes to scholarship or bursary application. When they have answered the most difficult question of where to start, then the other process becomes seamlessly easy for them. Basically that’s why we have decided to include this post to enable you successfully apply for bursaries especially for this year to aid your academic cause. The following are those important things to note before applying for a bursary.

1. Most bursaries will request for your Latest Academic Record duly signed from your school, your ID document, evidence of tertiary application, and most importantly an authentication that you were accepted. Similarly, some bursaries will require you to provide another proof of Guardians or parents’ source of income and residence. After successfully sorting out these documents, then your next step is to ensure you verify your documents. If you don’t know how to, simply visit any commissioner of oath at a post office, bank or police station.
2. Integrity they say is telling myself the truth while honesty is telling the truth to other people. Honesty is more than not lying. It is truth-telling, truth speaking, truth living, and truth loving. Therefore, you must ensure that whatever information you are providing is the truth and nothing but the truth. Fill all blank spaces with correct data. No legacy is so rich as honesty.
3. A whole lot of students apply for bursaries without having any references at all and in other cases have references that can’t be reached. Most times this is the first step to not getting the bursary you have applied for. If you need the bursary you are applying for and you want it, then go ahead and find references with correct contact addresses.
4. A lot of students also don’t have enough writing skills to win their desired bursary which can prove to be a stone in the neck in the long run. Therefore it is highly advisable that you write a highly convincing and motivational cover letter that will make anyone accessing it believe before he begins to even read it. Things such as why you think you should be awarded the bursary especially more than the other several thousand applying, how you can contribute to society when you have finished your program in school and especially how getting the bursary will be a stepping stone to achieving your dreams and changing your future for good.
5. A lot of students apply for bursaries and go to sleep which is very bad. When you apply for any bursary, ensure you regularly and consistently check your Emails and your phone text messages to be sure you have not or have received a message from those assessing your application.
6. Lastly, ensure you always check for bursary deadlines or closing dates so you can know exactly when to apply.

The Oppenheimer Memorial Trust was founded by the Oppenheimer family, in honour of the late Sir Ernest Oppenheimer. Ernest Oppenheimer controlled De Beers and was a successful and diamond entrepreneur, financier, and philanthropist who founded the famous Anglo American Corporation.

The charitable memorial Trust was set up to honor him and to help students with funding their tertiary studies.

Sir Ernest Oppenheimer has a diamond named in his honour by Harry Winston, known as the “Oppenheimer Diamond”.

FIELDS COVERED & SELECTION

The Ernest Oppenheimer bursary is specifically for current Matric students who intend on studying Engineering, Geology or Accounting, at a recognised South African tertiary institution in the following year.

Students will be selected based on academic performance and financial need.

ELIGIBILITY REQUIREMENTS

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

• South African citizen OR a South African permanent resident
• In need of financial assistance to complete your studies
• Students who intend on studying Engineering/ Geology: must have obtained a minimum level 6 for Mathematics and Science
• Students who intend on studying Accounting: must have obtained a minimum level 6 for Mathematics

HOW TO APPLY

You may apply in one of the following ways:
1) Online at: http://www.careerwise.co.za/index.php?pg=application_forms
(You will need to register an account and then log in to complete your application. The promo code to be used is F2017)

2) By downloading and completing the Ernest Oppenheimer Memorial Trust Bursary Application Form (.pdf)
If you are applying via the application form, your application must be submitted in one of the following ways
a) Email: applications@careerwise.co.za
b) Fax: 086 609 7183
c) Post:
CareerWise (Pty) Ltd
PO Box 30632
Braamfontein

You will be required to submit copies of the following supporting documentation (if you are applying online: these documents must be uploaded to your online profile if you are applying with the application form: you must attach copies of the documents and not originals) (the submission of these documents is compulsory – if any items are missing, your application be disregarded):

• ID document (certified copy)
• Photograph (passport size)
• Grade 11 final results (current Matric students)
• Proof of admission into a tertiary institution (current Matric students)
• Matric certificate (if completed Matric)
• Full academic record to date (current tertiary students)
• Proof of financial need (proof of household income)

CLOSING DATE

Currently closed for application.

CONTACT THE BURSARY PROVIDER

For any queries related to this bursary programme, please contact CareerWise directly:
Tel: 086 100 8777 / 086 100 7787
Email: applications@careerwise.co.za / info@careerwise.co.za