Student Contract

The Fund has undertaken a project to procure and provide funding and other support to poor and “missing middle” students in academic institutions. The Fund, together with various stakeholders, including, but not limited to, government departments, academic institutions and companies in Commerce and industry are committed to the delivery of the objectives of the National Development Plan through the production of the relevant skills and expertise required to support such objectives.

The Fund is desirous of contributing significantly to the attainment of the National Development Plan objectives in an attempt to redress past imbalances inherent in South Africa and wishes to empower those previously disadvantaged persons who strive towards entering the professions identified as critical to the economic development of the country through the Thuthuka ISFAP Programme, yet do not have the financial means to do so.

In order to achieve this goal, The Fund sources funding and financial assistance from various sources for the granting of Bursaries in terms of the Thuthuka ISFAP Programme to previously disadvantaged individuals to study and obtain the Designated Qualifications and skills so as to allow them entry into the preferred profession.

The Fund wishes to contribute towards the goals of Students by providing, amongst others, financial funding to Student to be managed by the Fund and utilised for the purpose of providing the “wrap-around support” to Students accepted in the Institutions to study towards a Designated Qualification and academic trainee development through the academic training programme.

The Fund will fund the full cost of study including accommodation, books, meals, and in certain cases, a cash allowance – at participating Tertiary Education Institutions. A “wrap around” support system has been designed in order to reduce drop-out rates, minimise years of study, and enhance graduation rates and employment potential

The Fund and the Student wish to record their Agreement in writing.