Feenix Student Debt Bursaries South Africa 2023 – 2024

October 3, 2022 NgFinders

Feenix Student Debt Bursaries South Africa 2023 – 2024

ABOUT THE BURSARY PROVIDER – FEENIX

Feenix Student Debt Bursaries South Africa | Feenix was launched in response to the #FeesMustFall movement that went viral among South African tertiary students in 2015 and 2016. Feenix is a Public Benefit Organisation and crowdfunding platform, with Standard Bank as one of the founding partners.

Feenix assists public university students, via 3 channels:
1. Crowdfunding: whereby students share their personal stories on the crowdfunding website, in order to raise funds for their outstanding university fees.
2. Bursary programme: whereby organisations provide funding to university students with outstanding student debt.
3. Full student support: whereby students receive holistic development support to ensure they thrive in university and the working world.

ABOUT THE DFFE BURSARY PROGRAMME – FIELDS COVERED

Feenix is inviting students to apply for their 2 types of bursary programmes:

1) Feenix 2022 Graduate Bursary: is for students with outstanding student debt, who have completed undergraduate degree studies in 2020 or 2021, in Engineering, Data Science, Information Technology, Finance and Commerce.

2) Feenix 2022 Debt Bursary: is for students with outstanding student debt, in their final year of undergraduate degree studies in Engineering, Data Science, Information Technology and Finance.

MORE ABOUT THE FEENIX BURSARY PROGRAMME – COVERAGE VALUE

Feenix will provide partial or full cover for outstanding student debt/ historical debt – the bursary will cover everything on the recipient’s fee statement, including tuition and accommodation expenses.

Candidates will also have access to “Blackbullion South Africa”, a global-award-winning financial literacy platform, that provides engaging and relevant content to help assist South Africans in making better financial decisions before, during and after University.

Ngfinders.com is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the Feenix Bursary.

MORE ABOUT THE FEENIX BURSARY PROGRAMME – SELECTION

Bursary recipients will be required to provide progress updates, over the course of the next 12 months, for funder reporting purposes (to determine if the candidate is continuing with their studies or has found employment).

Applicants who are shortlisted for the Feenix Debt Bursary award will be required to provide proof of completing their degree, by February 2022, before final selection is made. Bursary awards will be paid to successful candidates in March 2022.

Successful applicants will be contacted via telephone and email.

ELIGIBILITY REQUIREMENTS FOR THE FEENIX 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):
Feenix 2022 Graduate Bursary:

You must be a South African citizen
You must be 35 years old or younger
You must have completed an undergraduate degree in 2020 or 2021, in any of these fields: Engineering, Data Science, Information Technology, Finance or Commerce
You must have completed an undergraduate degree at any of the 26 public universities in South Africa (the bursary will NOT cover postgraduate degrees or diplomas)
You must NOT have registered for further studies in 2022
You must have outstanding student debt
You must intend on using your degree to find employment
You must have a total household income of less than R600 000 per annum (or less than R850 000 per annum, if you have a disability)
You must read and agree to the Feenix bursary terms and conditions

Feenix 2022 Debt Bursary:

You must be a South African citizen
You must be 35 years old or younger
You must be studying towards an undergraduate degree, in any of these fields: Engineering, Data Science, Information Technology, Finance or Commerce (the bursary will NOT cover postgraduate degrees)
You must be in your final year of study and will complete your undergraduate degree by December 2022
You must be registered and studying at any of the 26 public universities in South Africa
You must have outstanding student debt (current and/or historical)
You must have a total household income of less than R600 000 per annum (or less than R850 000 per annum, if you have a disability)
You must read and agree to the Feenix bursary terms and conditions

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HOW TO APPLY FOR THE FEENIX BURSARY

Applications must be submitted online at:
Feenix 2022 Graduate Bursary Application

Feenix 2022 Debt Bursary Application

Enter “Ngfinders.com” in the field asking how you heard about the Feenix bursary.
Submit clear copies of the following supporting documentation along with your application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
Feenix Graduate Bursary:

ID document or both sides of ID card (certified copy, not older than 6 months)
Proof of completed degree in 2020 or 2021
Academic Transcripts, if available (on institutions letterhead)
Official fee statement, showing all outstanding debt (on institutions letterhead/ stamped, not older than 30 days) (Proof of Registration and Fee Quotations will NOT be accepted)
Parents/ guardians/ spouse ID number, in order to verify the total family household income
Motivation letter, based on 2 topics: “How would you describe your personal brand?” and “What makes your future worth investing in?” (maximum 1200 words) (read our tips on how to write a motivational letter for your bursary application)
A medical letter stating the nature of your disability, if you have a disability

Feenix Debt Bursary:

ID document or both sides of ID card (certified copy, not older than 6 months)
Proof of registration at a public university, for the 2023 academic year. (on institutions letterhead)
Academic Transcripts, if available (on institutions letterhead)
Official fee statement, showing all outstanding debt (on institutions letterhead/ stamped, not older than 30 days) (Proof of Registration and Fee Quotations will NOT be accepted)
Parents/ guardians/ spouse ID number, in order to verify the total family household income
Motivation letter, based on 2 topics: “How would you describe your personal brand?” and “What makes your future worth investing in?” (maximum 1200 words) (read our tips on how to write a motivational letter for your bursary application)
A medical letter stating the nature of your disability, if you have a disability

Note: you must have your supporting documents ready on your device (computer, laptop, tablet, cellphone, etc.) when applying, as you will not be able to save and come back to your application. Your application and documents must be submitted in one sitting.

CLOSING DATE FOR THE FEENIX BURSARY

30 September 2022 (Feenix Graduate Bursary).
14 October 2022 (Feenix Debt Bursary).
(Applications submitted after these dates 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 Feenix directly:
Email: support@feenixbursary.org
Tel: 063 968 7544

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NSFAS National Student Financial Aid Schemes

NSFAS: What is NSFAS?

NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated the Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.