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The Importance of understanding the conditions of bursary acceptance
The Importance of understanding the conditions of bursary acceptance We go into further detail about how critical it is to comprehend the requirements for receiving a bursary on this website. Understanding the requirements of a bursary you want to apply for is crucial. Each bursary has a unique set of requirements that applicants must fulfill.
The financial aid you receive to finish your studies at a higher education institution is known as a bursary. Bursaries are only given out if you require financial aid. The amount of money you will receive may be influenced by how well you perform in school.
Conditions of bursary acceptance
When applying for a bursary, be aware that some bursaries have strict conditions attached to them. These are called ‘contract bursaries’. For example, contract bursary may require you to work for the company that has given it to you when you are done with your studies. Contract bursaries are mostly common in the Mining and Engineering career fields.
The Importance of understanding the conditions of bursary acceptance
Understanding the conditions of a bursary before accepting, helps you with the following:
- You get to make fair comparisons between various conditions of different bursaries available
- You are able to compare between bursaries vs other financial assistence, such as loans, internships, aprenticeships, etc
- You know exactly about what to expect when you complete your studies. As some busraries providers will requre you to work at their companies after studies for a certain period of years. So you get to know in advance where your first job will be.
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