HCI (Hosken Consolidated Investments) Foundation Bursary South Africa 2023 – 2024
ABOUT THE COMPANY – HCI
Hosken Consolidated Investments Limited (HCI) is an investment holdings company, with most of its revenue accumulated from the Casino Gaming and Hotels sector. The black empowered company is also involved in various other investment groups, including property; hotel and leisure; transport; clothing; mining; interactive gaming; media and broadcasting. The companies the main shareholder is the Southern African Clothing & Textile Workers Union (SACTWU) Investment Group.
The JSE listed company (listed as “HCI” since 1973) has investment operations located in various countries, including South Africa, the rest of Africa, Australia, the United States of America, the United Kingdom and China.
HCI’s corporate social investment branch, known as the HCI Foundation, is aimed at uplifting South Africans to create a positive and sustainable impact in underprivileged communities.
ABOUT THE HCI BURSARY PROGRAMME – FIELDS OF STUDY
The HCI Foundation is inviting students to apply for bursary funding, for the 2022 academic year. Bursaries are primarily awarded to:
1) Current HCI bursary recipients, continuing their studies towards an undergraduate qualification, at a recognised public University or University of technology.
2) New bursary applicants, studying towards an Honours or Postgraduate Diploma, at any of the universities: WITS, UJ, UP, UCT, UWC, SU, RU, UKZN, UFS, NMU or NWU.
MORE ABOUT THE HCI BURSARY PROGRAMME – COVERAGE VALUE & SERVICE CONTRACT
The HCI Foundation will be awarding partial bursaries, that will provide cover for up to 75% of tuition fees (up to maximum of R38 000 per annum). Payments are made into the student’s fee account at their institution, around July every year.
The Foundation does NOT cover any other expenses (such as books, residence, meals, transport, living expenses, except in special circumstances). All other expenses should be covered by students.
Bursary recipients are NOT required to pay/ work back the bursary, but they are expected to engage in community projects, take part in tutoring and mentoring programmes, as well as volunteering within their community.
Selected students will also be required to complete surveys and attend workshops throughout the year, after graduation.
After graduation, bursary recipients may be able to enter the Graduate Development Programme, when opportunities become available.
ELIGIBILITY REQUIREMENTS FOR THE HCI BURSARY
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):
- You must be a South African citizen OR a permanent resident, refugee or asylum seeker
- You must be 35 years old or younger on the application closing date (15 November 2022)
- You must be studying on a full-time basis (part-time or distance studies will NOT be funded)
- You must NOT be studying at a TVET College
- You must have a gross family income of less than R38 000 per month
- You must NOT be in receipt of a full cost bursary or a large partial bursary from another source (you may still apply if you have received a partial bursary, NSFAS or other loan)
- Current HCI bursary recipients: you must be continuing your studies towards an undergraduate qualification, at a recognised public University or University of technology in South Africa, in 2022
- New HCI bursary applicants: you must be studying towards an Honours or Postgraduate Diploma, at any of these universities in South Africa:
- University of Witwatersrand
- University of Johannesburg
- University of Pretoria
- University of Cape Town
- University of the Western Cape
- University of Stellenbosch
- Rhodes University
- University of KwaZulu-Natal
- University of the Free State
- Nelson Mandela University
- North-West University
HOW TO APPLY FOR THE HCI BURSARY
Applications must be submitted online at: HCI Bursary Application 2022
Please note the following when applying:
- Applications are only accepted online – there is no hardcopy application form, nor can the application form be downloaded.
- Ensure that you allocate enough time to complete the online application form.
- You will be able to save your application if you are unable to complete it in one sitting and resume at a later time.
- Ensure that you complete and submit your application before the closing date.
- Ensure that you provide your correct email address and cell phone number when applying, so that HCI may reach you.
- After completing the first phase of the online registration, you will receive an email with a link to the second part of the application (be sure to check your spam folder, and if you do not receive the email within 24 hours, please email HCI at bp@hcifoundation.co.za).
- Take note of your registration number for any future queries.
SUPPORTING DOCUMENTS REQUIRED FOR THE HCI BURSARY
Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID document, if a South African citizen (certified copy)
- Proof of permanent residency, refugee or asylum seeker status, if applicable (certified copy)
- Full academic record, including most recent results (on institutions letterhead)
- Proof of monthly income for the last 3 months: own/ parents/ guardians (payslips if employed, affidavit if unemployed, bank statement if self-employed, grant or pension slip if applicable) (certified copies)
- Motivational letter explaining why you should be selected for the bursary (including the following: your personal qualities and ethics, your leadership potential, your capacity for critical, your commitment to giving back) (to be saved in a separate word document – between 550 and 750 words)
- New applicants: proof of registration or acceptance in to any of the above universities for 2022 (on university letterhead)
CLOSING DATE FOR THE HCI BURSARY
15 November 2021.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact the HCI Foundation directly:
Bursary Department
Tel: 021 424 6010
Email: bp@hcifoundation.co.za