Undergraduate student funding
External funding
How scholarships and bursaries from external sources affect financial assistance
If you receive full cost assistance from sources other than UCT, e.g. a company or charitable organisation, the university will withdraw the assistance it has offered you.
If you receive a small or partial scholarship (a grant based purely on merit) or a bursary/grant from sources other than UCT:
- it will be used to cover/reduce your EFC
- if the grant is greater than the EFC, the UCT bursary will then be reduced
- thereafter any remaining balance will reduce the NSFAS loan.
If you receive an Entrance/Faculty Scholarship from UCT:
- it will be used to cover/reduce your EFC
- if the amount of the scholarship is greater than the EFC, the loan will then be reduced
- thereafter any remaining balance will reduce the UCT bursary
NB: Failure to inform the university of other sources of funding will result in the withdrawal of the financial assistance given by the university and disqualification of all future funding.