Cornerstone Institute Bursaries 2024/2025 | Full Details of the Cornerstone Institute students bursaries, funding, Bursary application forms, bursary requirements, tuition fees, and loan application for 2024 academic year.
Cornerstone Institute Financial Aid Application 2024
The Financial Aid Programme is established to assist students to access tertiary study and to succeed at this study through the provision of financial assistance. Financial assistance is usually in the form of partial remission of fees and is dependent on the availability of funds and the criteria below.
The responsibility for financing the balance of the fees rests with the student, according to the Yearbook, Section on ‘Payment of Fees’ on page 42 to 46.
Cornerstone provides financial aid from external funding as well as from internal resources as determined from time to time by Management. External funders include individual funders, organisations, trusts, churches or donors. As a private higher education institution, Cornerstone does not receive any financial assistance or subsidy from the government.
Allocations for current students are prioritised according to the following criteria:
- nearness to completion of studies
- attitude and conduct
- community involvement
- continuing financial need
- academic progress
- indication of their own initiative to secure other funding
Allocations for new students:
- community involvement
- financial need as indicated on the Financial Aid Application Form
- prior academic record
- indication of their own initiative to secure other funding
Additional eligibility criteria may be considered as per a donor’s requirements.
Take note of the following:
- Financial Aid Application forms can be downloaded from the Cornerstone website. Only completed applications with all supporting documents will be considered.
- Only South African students and students from SADC countries may apply for financial aid.
- The student must pay the specified registration fee at registration to activate their approved funding.
- Returning students have to ensure that their student account is up to date before they can be considered for financial aid for the next academic year.
- All financial aid recipients are required to submit a bi-annual Funder Thank-you Letter to the Head of Student Services and to update their Personal Profile, which will be made available for funders.
- The student must commit to complete the qualification (failing which all monies granted must be repaid) and sign an undertaking accordingly.
- Module failures, as well as additional modules taken, are not eligible for financial aid.
- Failure of an applicant to disclose information that may influence the awarding of financial aid will result in the cancellation of funds awarded.
Scholarship and Bursary Scheme
Cornerstone Administered Financial Aid
Complete the 2020 financial aid forms and submit with all supporting documentation to bursar@cornerstone.ac.za or hand deliver in a sealed envelope to the Cornerstone reception desk. Please mark for attention to the bursar as ATTN: The Bursar.
Please note the bursar’s office hours are 9:00 am – 2:00 pm
BANKING DETAILS: Nedbank : Cornerstone Institute | A/C 1075030269 | Branch Code : 198 765 | Ref: Student Number
National Student Financial Aid Scheme (NSFAS) Bursary Applications 2024
Application forms and information for NSFAS can be obtained from the Cornerstone Institute Financial Aid office. The application forms must be accompanied by all stated supporting documents, eg, Certified ID copy of student/ applicant, Certified ID copies of both parents, if one/both are deceased- certified death certificate, income statement/ payslip of both parents if they are working, if they are not working an affidavit stating they are not working, if they are getting a grant, a proof showing that, if the applicant has brothers and sisters, their certified ID/ birth certificates copies, if they are registered with other tertiary institutions, proof of that is also required. Original documents and copies must be taken to the nearest Police station/ local Post Office for the stamp.
See Also: Cornerstone Institute Application Status Tracker
Original documents are not accepted. It is the responsibility of the student to make sure that the application form is fully/ correctly completed.
On submission of NSFAS application form, the student will receive a receipt, which should be kept as a proof of application, without it, is your word against ours. Please present your slip at all times to the Financial Aid/Bursary Office.
All students can apply for a loan from the National Students Financial Aid Scheme (NSFAS), a government loan scheme with the added incentive of a bursary conversion (max 40%) depending on academic performance. The parent’s/family’s contribution to the student’s study cost is called the Expected Family Contribution (EFC) and is calculated using the Government’s National Means Test.
- Prospective Students who wish to study at the College through NSFAS Bursary must APPLY ONLINE at www.swgc.co.za OR http://www.nsfas.org.za/content/
- Manual NSFAS applications will be facilitated but students must apply directly to NSFAS online!
- To enquire more about bursaries, contact/visit Student Support Offices at the Campuses
Important information
- Applicants applying online may not subsequently apply using a paper-based application
- Please note that receiving a student number (reference number) does not imply you are a registered student until you have officially registered.
- Please note that you will be required to come on campus to write the CAP Test. The test informs and educates students on a variety of career options. At the same time, it gauges the student’s personal interest in the different careers on offer.
- Incomplete applications may result in the delay of finalisation of your application
- Continuation with a programme depends on sufficient numbers being enrolled
- Applicants must have a valid email address and mobile number in order to apply at the college. All Communication with regard to your application will be sent via email/ SMS.
- Meeting the minimum admission requirements for a specific programme does not necessarily guarantee admission to that particular programme
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