Monocle Foundation Bursary Programme

Written on 04 October 2024
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If you are a second-year student or above, or a postgraduate student without alternative financial assistance, the Monocle Foundation Bursary Programme could be your gateway to academic and professional success.

About the Monocle Foundation Bursary Programme

The Monocle Foundation Bursary Programme was established with the primary objective of offering financial support to black female students who are historically disadvantaged and demonstrate academic potential in fields crucial to South Africa’s development. This bursary is specifically designed for students who are already enrolled in their second year or beyond and who are studying towards degrees in disciplines that are essential to the country’s economic and social advancement.

The Monocle Foundation Bursary Programme is not just a financial aid; it is an investment in the future leaders of South Africa. The Monocle Foundation aims to create opportunities for students who have the ambition, dedication, and academic prowess to excel in their chosen fields but lack the financial means to continue their studies.

Who Should Apply?

The Monocle Foundation Bursary Programme is open to black female students who meet the following criteria:

  • South African Citizenship: Applicants must be South African citizens with a valid South African ID.
  • Academic Standing: Applicants must be enrolled in their second year of study or higher in an undergraduate or postgraduate degree programme.
  • Fields of Study: The Monocle Foundation Bursary Programme is open to students pursuing degrees in Finance, Mathematics, Accounting, Economics, Computer Science, Medicine, or related fields.
  • Financial Need: Applicants must not have any alternative bursary or scholarship funding for their 2025 academic year.
  • Motivation and Career Ambition: Applicants should have a clear motivation for applying for the Monocle Foundation Bursary Programme and a well-defined career path.

Application Process

To apply for the Monocle Foundation Bursary Programme, candidates must submit a comprehensive application that includes several critical documents. The selection process is thorough and designed to identify students who not only meet the eligibility criteria but also exhibit a strong drive to succeed in their academic and professional endeavors.

Required Documents

Applicants must submit the following documents to be considered for the Monocle Foundation Bursary Programme:

  1. Letter to the Trustees: A letter addressed to the Trustees of the Monocle Foundation Trust. This letter should provide an introduction to the applicant, including background information, field of study, career ambitions, and the motivation for applying for the Monocle Foundation Bursary Programme. This is a crucial part of the application, as it gives the Trustees insight into the applicant’s personal and academic journey.
  2. Curriculum Vitae (CV): A detailed CV that outlines the applicant’s academic achievements, work experience (if any), extracurricular activities, and any other relevant information that highlights the applicant’s qualifications and potential.
  3. Certified Copy of South African ID: A certified copy of the applicant’s South African ID is required to verify citizenship and eligibility.
  4. Academic Record: A copy of the applicant’s academic record to date, stamped by the university. This should include grades and courses completed, demonstrating the applicant’s academic performance.
  5. Graduate Degree Certificate: For postgraduate applicants, a certified copy of the graduate degree certificate is required.
  6. Grade 12 Academic Certificate: A copy of the applicant’s Grade 12 academic certificate is required to provide a complete academic history.
  7. Financial Breakdown for 2025: A detailed breakdown of the funds required for the 2025 academic year, including tuition fees, study materials, accommodation, and a subsistence allowance. This financial plan should reflect the total cost of the applicant’s education for the upcoming year.

Submission and Selection Process

All applications for the Monocle Foundation Bursary Programme must be submitted by the specified deadline. The Trustees of the Monocle Foundation Trust will review all submissions and create a shortlist of candidates based on the strength of their applications.

Key Dates:

  • Shortlisting: Candidates will be shortlisted by November 2024.
  • Final Selection: Successful applicants will be notified by mid-December 2024.
  • Feedback: All applicants, whether successful or not, will receive feedback on the outcome of their application.

Bursary Obligations and Expectations

The Monocle Foundation Bursary Programme is a non-repayable financial award. Beneficiaries are not required to pay back the funds or commit to any work-back obligations. However, the Foundation does expect recipients to maintain regular communication and provide updates on their academic progress throughout the year. This includes submitting final academic results at the end of each academic term.

Although there is no formal obligation to the Trust beyond academic reporting, the Trustees would appreciate feedback from the beneficiaries on their career trajectory after completing their studies. This feedback helps the Trust measure the impact of its support and aids in refining the programme to better serve future students.

The Monocle Foundation Bursary Programme is more than just financial aid; it is a stepping stone for young, ambitious black female students to reach their full potential in fields that are critical to South Africa’s future. If you meet the eligibility criteria and are committed to excelling in your academic and professional career, this bursary could be the opportunity you need to succeed.

Applications for the Monocle Foundation Bursary Programme are now open, and we encourage all eligible students to apply and take the next step in their educational journey. This is your chance to secure the financial support you need to focus on your studies and build a brighter future for yourself and your community.