Understanding What an Internship Really Is An internship is a temporary work opportunity provided by companies or organizations, typically aimed at students or early-career individuals. It offers hands-on exposure to a specific industry or role, blending education with practical work. The goal is for interns to gain insight into the…
A student loan is a type of financial aid that helps learners pay for their education when they do not have the means to cover the costs themselves. Unlike bursaries, loans must be repaid, usually after the student has completed their studies or once they start earning a certain income.…
A bursary is a financial award given to students to help cover the costs of their education, such as tuition fees, textbooks, accommodation, or living expenses. Unlike loans, bursaries do not need to be paid back, which makes them an excellent option for students in need of financial assistance. Bursaries…
An internship is a short-term work experience offered by a company or organization, usually for students or recent graduates, to help them gain practical experience in a specific field or career. Interns often work under supervision, learn on the job, and sometimes earn a small salary or stipend. An internship…
Bursaries vs Student Loans: Making the Right Financial Choice for Higher Education In the competitive job market, many learners are turning to higher education as a pathway to improve their career prospects. However, funding tertiary studies remains one of the biggest challenges. Two primary options exist for financing higher education:…
On Tuesday, 23 January 2024, Minister of Higher Education, Science and Innovation, Dr. Blade Nzimande, addressed the media on the department’s readiness for the start of the 2024 Post School Education and Training (PSET) academic year. He announced that the National Student Financial Aid Scheme (NSFAS) had provisionally funded 657,703…
The National Student Financial Aid Scheme (NSFAS) was established under the NSFAS Act 56 of 1999 (as amended) to provide financial support to eligible students seeking further or higher education. Among its core responsibilities are the distribution of funds in the form of loans and bursaries, the formulation of criteria…
The National Student Financial Aid Scheme (NSFAS) is a government entity in South Africa, created in 1999 and overseen by the Department of Higher Education and Training. Its main responsibility is to provide financial support to students attending public universities and technical and vocational education and training (TVET) colleges. Since…
Currently, there are not enough paid internships available to meet the demand among college students. Only about two-thirds of internships for students attending four-year universities offer compensation, while the numbers are even lower for students at two-year colleges, where only half of internships are paid. This scarcity is particularly concerning…
In today’s job market, internships have become a crucial tool for recent graduates to improve their employability. They provide real-world experience, help individuals develop industry-specific skills, and often serve as a stepping stone to full-time employment. By participating in an internship, individuals can gain a deeper understanding of their chosen…