AFHCO, a leading property management company in South Africa, is offering an exciting bursary opportunity to support the education of its residents. This initiative is designed to assist deserving individuals in pursuing their studies at accredited tertiary institutions.
With a bursary amount of R50,000, AFHCO aims to invest in the future of its community by helping residents gain access to quality education.
Who Can Apply?
The bursary opportunity is exclusively available to AFHCO residents or their dependents. To be eligible, applicants must meet the following requirements:
- Be a current resident in an AFHCO-managed property.
- Apply for the bursary through the AFHCO website or collect application forms at the AFHCO Head Office.
- Submit all required documents before the deadline.
- Be enrolled in a course that meets the South African Qualification Authority (SAQA) standards at an accredited tertiary institution, with a minimum duration of 12 months.
Juristic persons, such as companies and organizations, are not eligible to apply for this bursary.
Application Process and Required Documents
The application process is simple, but applicants must ensure that they provide all the necessary documentation for their submission to be considered valid. The required documents include:
- A completed application form.
- A certified copy of a valid RSA Identity Document.
- Final Grade 11 transcripts (for current Grade 12 students).
- The most recent Grade 12 transcript.
- A National Senior Certificate and results statement.
- The latest academic results (for tertiary students only).
- A motivational letter explaining the need for the bursary and how the applicant would fund their studies without it.
- A testimonial letter from a teacher, lecturer, principal, or dean.
- Proof of residence to confirm AFHCO tenancy.
Applicants must email their complete applications and supporting documents to info@afhco.co.za before the closing date.
Important Dates and Selection Process
The competition opens for applications on 1 February 2025 at 08:00 and closes on 28 February 2025 at 17:00. Any applications received after the deadline will not be considered.
The selection of the bursary recipient will be conducted through a system-generated random draw, ensuring fairness and transparency. This draw will be externally audited to maintain credibility. The recipient will be chosen in March 2025 and will be notified via email by 25 March 2025.
Once the recipient is contacted, they will have four days to accept the prize. If no response is received within this timeframe, the bursary will be forfeited, and another recipient may be selected. The official announcement of the bursary winner will be made on AFHCO’s online platforms no later than 31 March 2025.
If an applicant has not received any communication by the time of the public announcement, they should consider their application unsuccessful.
Bursary Award and Conditions
The bursary award is strictly meant for educational purposes and will be paid directly to the educational institution. No cash will be transferred to the recipient, and the bursary cannot be exchanged, transferred, or negotiated for other benefits.
To receive the bursary, the recipient must provide proof of identity through a valid ID book or passport, as well as proof of residence confirming their AFHCO tenancy.
Terms and Conditions
By applying for this bursary, applicants agree to abide by the competition’s terms and conditions, including:
- Granting AFHCO permission to publish the recipient’s name, surname, and images for promotional purposes.
- Accepting the finality of AFHCO’s decisions regarding the bursary selection process.
- Understanding that AFHCO reserves the right to amend the terms and conditions or cancel the competition if necessary.
Furthermore, AFHCO, along with its associated companies, agents, and contractors, assumes no responsibility for any loss, damage, injury, or claims arising from participation in this bursary opportunity. In the event of system failures or errors beyond AFHCO’s control, the company will not be held liable.
Any attempt to violate or manipulate the bursary’s terms and conditions will result in immediate disqualification.
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Through initiative, AFHCO continues to demonstrate its commitment to empowering its residents by creating opportunities for personal and professional growth. By offering financial assistance for higher education, AFHCO is ensuring that more individuals have the chance to achieve their academic dreams and build successful futures.
This bursary opportunity is more than just financial support—it is an investment in the potential of AFHCO residents. Those interested in applying are encouraged to gather their required documents, complete the application process, and submit their entries before the deadline.
For more information, applicants can visit the AFHCO website or contact AFHCO’s Head Office.