A discretionary bursary is a financial aid package provided by a TVET college to students who demonstrate financial need.
Unlike other bursaries that are based on specific criteria like academic merit or disability, discretionary bursaries are awarded at the discretion of the college.
This means that the eligibility and amount of the bursary vary from one institution to another.
These bursaries are typically designed to assist students with expenses such as tuition fees, accommodation, textbooks, transport, and living costs.
The goal is to alleviate financial burdens and enable students to focus on their studies without undue stress.
Who Qualifies for a Discretionary Bursary?
Determining eligibility for a discretionary bursary is largely dependent on the individual TVET college‘s policies.
However, generally, students who face financial hardship due to factors such as low-income households, unemployment, disability, or unforeseen circumstances might be considered for this type of aid.
It’s important to note that discretionary bursaries are often awarded to students who have exhausted other financial aid options.
This means that you may need to apply for other forms of financial assistance before being considered for a discretionary bursary.
How to Apply for a Discretionary Bursary
The application process for a discretionary bursary typically involves submitting a detailed financial aid application form.
This form will require you to provide comprehensive information about your financial situation, including income, expenses, and any other relevant documentation.
It’s essential to be honest and accurate when completing the application.
Providing false information can lead to disqualification.
Additionally, some colleges may require you to submit supporting documents such as proof of income, medical certificates, or letters from social workers.
What Documents are Needed to Apply for a Discretionary Bursary?
The specific documents required for a discretionary bursary application can vary between TVET colleges.
However, some common documents include:
- A completed bursary application form
- Proof of income for yourself and your dependents
- Academic records
- Proof of registration at the TVET college
- Supporting documents such as medical certificates or letters from social workers (if applicable)
You have to gather all necessary documentation before submitting your application to avoid delays.
How Much is a Discretionary Bursary?
The amount of a discretionary bursary can vary significantly depending on the financial need of the student and the available funds of the TVET college.
Some bursaries may cover a portion of tuition fees, while others may provide a stipend for living expenses.
It’s important to remember that discretionary bursaries are not guaranteed and the amount awarded is subject to the college’s discretion.
What is the Difference Between a Discretionary Bursary and a Merit Bursary?
A merit bursary is awarded based on academic achievement, while a discretionary bursary is based on financial need.
While both types of bursaries can provide financial assistance, the criteria for eligibility are different.
Merit bursaries are typically awarded to students with high academic performance, while discretionary bursaries are targeted at students facing financial challenges.
It’s possible to qualify for both types of bursaries, depending on the specific criteria set by the TVET college.