Financial
Your Finances
A big concern of any university student is how you’re going to pay for all of it. In 2019, financial experts estimated that South Africans pay on average R64 000 to universities for their first year of tuition. International students have a further international student fee that varies from university to university and is dependent on whether you’re a postgraduate or undergraduate student. Funding your studies is not the end of your financial worries. You also have to think about what you’re going to spend money on for everyday things: shopping, food, entertainment, rent (if you live off-campus), travel costs etc. Managing your cash at university level is so important. It not only allows you to have fun while you’re here, but teaches you valuable lessons for budgeting in your future.
Funding my studies
If you’re thinking about how you’re going to pay for your degree, you’ve come to the right place. How can I fund my studies? Can I get a bursary, a loan or a scholarship? What is the difference between these and do I have to pay the funding back?
Funding my studies as a Post-Grad
National funding for tertiary education usually goes towards elevating the education levels of the citizens of a particular country to study in that same country. Bursaries and scholarships are awarded to students as investments in their future, which is why it’s hard to find funding for international students. Although, you do have options.
Managing my finances
It is no secret that students are notoriously broke. It is a favorite topic of conversation among social groups to talk about how we can’t afford things. Two-minute noodles and tuna become your best friends, you can’t remember the last time you bought yourself a decent pair of shoes, and what’s that? An event where all your friends will be attending? But it has entrance fee. So maybe not.
