Feenix Bursary Requirements 2024/2025

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Clarified: Feenix Student Debt Vs Graduate Bursary

Two pioneering funding schemes by Feenix Trust cater to fiscally challenged South African students at different junctures of their academic journey.

The Feenix Student Debt Bursary helps existing undergraduates clear overwhelming education loans and arrears.

The Feenix Graduate Bursary aids recent graduates still tackling their final debt obligations before entering the workforce.

This guide will decode the target segments, process flows and eligibility norms distinguishing both high-impact bursaries.

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Feenix Bursary Requirements

Feenix Student Debt Bursary

This bursary alleviates financial stress for current undergraduates in their final academic year who risk being unable to complete their degree due to unmanageable debt accumulated over previous years.

Eligibility Criteria

  • South African citizenship
  • Age – 35 years or below
  • Public university enrollment
  • Combined family income under R600,000 p.a.
  • Consistent academic performance
  • Existing student debt visibility

Bursary Amount

  • Partial or full coverage of current outstanding debt
  • Determined on a case-by-case basis

Application Timeline

  • Opens April-May 2024 for 2024 academic year

So help at the last mile to enable graduation unencumbered by monetary issues.

Feenix Graduate Bursary

This bursary focuses on empowering recent graduates from the 2019 – 2021 cohort still tackling substantial education debt, by clearing the remaining obligations.

Eligibility Parameters

  • South African citizenship
  • Age – 35 years or below
  • Completed undergraduate degree between 2019-2021
  • Family income under R600,000 p.a.
  • Have minimum R50,000 existing student debt

Bursary Scope

  • Partial or full payment of current outstanding debt
  • Evaluated on case-by-case basis

Application Windows

  • Typically open during April – May annually

So custom solution for fresh graduates weighed down by debt to unlock their earning potential.

Similarities and Differences

While the motive of alleviating student debt burden remains aligned, some vital distinguishing factors exist:

Debt BursaryGraduate Bursary
RecipientsCurrent Final Year Students2019 – 2021 Graduates
StagePre-GraduationPost-Graduation
AmountFull/Partial Debt CoverMin R50,000 Debt Funding
ResultEnable Degree CompletionRemove Workforce Entry Barrier

So nuanced targeting ensures needs-based debt resolution when it matters most!

Application Instructions

While timelines differ, process flow is identical:

  • Visit Feenix Bursary Website
  • Create Profile and Select Bursary Category
  • Input Personal, Academic and Financial Information
  • Upload Supporting Documents as Proof Points
  • Submit Application Before Deadline
  • Wait for Review and Status Update

So structured application architecture for a smooth enrollment.

Get started here:

As you progress across pivotal milestones during your education-to-employment journey, hope Feenix can help cross the monetary impediments along the path!

Reach out for any other queries.

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