Page 42 - Undergraduate Prospectus 2025

• The cost of a university education will vary according to individual circumstances, and students are advised to calculate carefully the total financial provision they must make. The cost of a year at the University of KwaZulu-Natal in 2023 is approximately R85 000 for tuition and a bed in residence.
• In addition, they will also need to provide for books, stationery and equipment, personal expenses, laundry, transport, sports, subscrip- tions, medical expenses and, residence during short vacations.
• UKZN allocates bursaries to
needy South African students
and scholarships to academically outstanding students regardless
of their country of origin; and provides advice and information on financing tertiary studies. Funding for new international students is not available. For more information, see http://studentfunding.ukzn.ac.za.
• Provisional funding packages are awarded to financially needy entrants who apply to NSFAS. The awards will be confirmed after assessment of
the total costs of study. This package will be mainly a NSFAS bursary, only available to South African citizens. UKZN also administers bursaries from many donors who contribute to the University of KwaZulu-Natal’s funding for needy students, after the first year of study.
Types of Funding
NSFAS – National Student Financial Aid Scheme
Students should visit the NSFAS website at www.nsfas.org.za to apply for funding.
Bursaries
A bursary does not have to be repaid. Bursaries are normally awarded to needy students with excellent academic results who are seen to be capable of obtaining their degree in the minimum amount of time.
Cecil Renaud and Victor Daitz Undergraduate Merit Awards Awarded to financially needy and academically outstanding students, after the first year of study.
Contract Bursaries
A contract bursary is usually offered by a company or organisation as part of their human resource initiative and entails working for the donor for at least one year for every year sponsored. A listing of these is available at http://studentfunding.ukzn.ac.za
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