In line with the University’s mission, the Department of Student Funding facilitates fair, equitable and effective allocation and administration of bursaries and loans to financially needy and academically deserving students. It makes scholarships available to academically excellent students by recognising and rewarding prior and current academic excellence.
Student Funding – Purpose, Values and Mandate
In pursuit of its vision and mission, the Department of Student Funding has adopted Goal 5 (Institution of Choice for Students) of the University’s Strategic Goals. This states that UKZN seeks to “establish the University as an institution of choice that values students in all their diversity and has a student-centred ethos, providing students with curricula, teachers, infrastructure and support services designed around their needs and producing well-educated, competent, sought-after graduates”. In striving to attain this strategic goal, Student Funding has set the following goals:
- To provide equitable and efficient allocation of scholarships, bursaries and financial aid (from NSFAS) to academically high achieving students as well as financially needy and academically deserving students, respectively.
- To manage and account for all external bursaries, internal bursaries, student loans and scholarships received on behalf of the University and to provide donors with funding reports.
- To provide advice, financial counselling and support to students.
- To provide support for external donors including the pre-selection of bursars, donor liaison and any other information on students which is required by a donor.
- To ensure that effective publicity relating to bursaries and scholarships is made available through good communication with students and all other stakeholders.
Figure 17. 2019 Scholarships and fee remissions – number of students
Figure 18. 2019 Scholarships and fee remissions – award amount
Figure 19. 2020 Scholarships and fee remissions – number of students
Figure 20. 2020 Scholarships and fee remissions – award amount
