A Comprehensive Guide to the ASSET Bursary Programme

The quest for higher education often comes with its fair share of financial challenges. Recognizing the need to alleviate these burdens and foster educational growth, the Bursary Programme was initiated in 1972. Supported by the South African Institute of Race Relations (SAIRR) Western Cape Region, this initiative has blossomed over the decades, with ASSET taking the reins in 2003. Today, through the unwavering support of its donors, the programme aids roughly 500 students annually.

Application Process

  • Timeline: Mark your calendar! Applications are accepted between 1st July and 30th September each year.
  • Where to Obtain Forms: Both digital and physical options are available. You can download application forms directly from the ASSET website. Alternatively, for those who prefer tangible copies, they can be collected at the ASSET Offices.
  • Guidelines: Before diving into the application, it’s crucial to read the first page of the application form thoroughly to ensure all criteria are met.
  • Submission:
  • Note: For applicants residing outside the Cape Town Metropolitan, postage is an option.
  • For Returning Students: Remember, a new application is needed every year if you wish to renew your bursary.

Selection Criteria

Every February, the Bursary Selection Committee convenes to review applications. This vital committee consists of:

  • An ASSET Board member serving as Chair.
  • Two other board members, inclusive of the executive director.
  • The bursary administrator.
  • Financial aid representatives from the involved higher education institutions.

Bursary Policy Insight

What’s the Origin of the Funds?
Bursaries come from the ASSET Educational Trust (AET) and various other individual donors, trusts, and organisations passionate about supporting tertiary education in the Western Cape.

Allocation Criteria:
While the bursaries primarily align with ASSET’s policy, there are instances where a specific donor’s preferences (like the type and area of support) might take precedence. However, this only happens if the stipulations don’t clash with the merit principles of the ASSET Bursary Policy.

Who’s It For?
These awards cater to deserving students in the Western Cape, taking into account both merit and financial need.

Extent of Support:
It’s vital to understand that the ASSET Bursaries are not a silver bullet for all your financial needs. Their aim is to “get your foot in the door” of tertiary institutions. Consequently, students should anticipate sourcing additional financial means, such as loans or other bursary awards, to cover the full range of their expenses.

In a rapidly evolving digital age, opportunities like the ASSET Bursary Programme become invaluable. For ambitious students looking to pave their way in higher education, it’s a beacon of hope and a testament to the power of communal support.