PPS- Professional Provident Society Foundation, a leading provider of financial services in South Africa, was established to make a reputation that exceeds its competitors by assisting South African youths’ in building their bright and thriving future.
Since its beginning, this foundation bursary programme has assisted more than a hundred students with life-changing benefits, paving the way for their success in STEM fields.
Are you curious to learn about this bursary and what the PPS bursary covers?
In this article, we will explore the PPS Foundation Bursary, its application process, monthly allowance, eligibility requirements, and closing dates in more detail. Keep reading to understand how this bursary can shape your academic future.
Table of Contents
What is the PPS Foundation Bursary?
The Professional Provident Society Foundation Bursary, or PPS foundation bursary, was established in 2016 and aims to develop access to STEM domains—Science, Technology, Engineering, and Mathematics and encourage the talent of South African youth.
The PPS Foundation is the project or vision of PPS (Professional Provident Society). It is an authorised financial service provider that serves as the exclusive mutual financial services organisation in South Africa, exclusively serving graduate professionals.
What are the PPS Bursary Eligibility Requirements?
There are specific eligibility criteria or requirements that every applicant must satisfy before applying for this bursary. Some of these requirements include:
- Applicants must be citizens of South Africa.
- Applicant must be between 18 and 35 years of age.
- Applicant must have a permanent South African residence status.
- Preference will be given to African, Indian and Coloured students (AIC).
- The applicant must have an excellent academic record, with an average of at least 65% aggregated per cent or more.
- The applicant’s household income should not exceed R600 000 per annum.
- Applicants must be at a participating South African University or University of Technology.
- Applicants with other confirmed sponsors who cover their academic expenses are not eligible to apply for this bursary.
These are some of the bursary requirements. Students can explore the eligibility requirements further on the bursary’s official website. The application criteria for this bursary are determined entirely at PPS’ discretion.
*Note:
- PPS also reserves the right to revise the criteria without prior notice to applicants.
- PPS also reserves the right to withdraw its financial support to thriving applicants if it is found that an applicant does not (or no longer) meet the application criteria or has breached any of the terms and conditions in any way.
Documents Required for the Bursary Application Process in 2024
Applicants must upload some essential documents along with the application forms. These documents typically include:
Submit all the essential scanned documents. Required documentation to be included in the application is listed below:
- ID Proof,
- Matric certificate
- Financial Statement from the University Student Finance Department
- All academic records from Grades 10 – 12, including most recent transcripts
- University acceptance letter for the current academic year (on institution letterhead)
- Proof of parents’ or guardians’ household income – Last three months’ pay slip or bank account statements.
*Note: All the documents mentioned above should be certified and should be at most 3 months.
PPS Foundation Bursary – Fields Covered, Allowance and Closing Date
This foundation bursary funds financially disadvantaged students to continue their higher studies full-time for undergraduate programmes at selected universities in South Africa.
Fields Covered
The PPS Foundation provides financial assistance to students with strong academic records who are facing financial difficulties in continuing their higher education. This foundation bursary is mainly granted to students enroled in full-time studies or already pursuing their higher studies in STEM–Science, Technology, Engineering, and Mathematics fields.
Allowance
The total PPS bursary monthly allowance provided by this bursary will include the following expenses:
- Tuition fees,
- Textbooks and other study materials,
- Food and accommodation at the university residence,
- Students will also receive access to another resource to reduce the challenges of the learning and teaching experience.
These are some of the allowances provided by this bursary. In addition to the applicant’s allowances, students can register as PPS student members for free.
Closing Date
The application period for the PPS Bursary typically closes in January of a year. If you are interested in pursuing your education for the academic year 2025, you can apply for it during the specified application period. Accordingly, you must check the official PPS website to stay updated on the application process. Moreover, you must apply before the closing date when the applications are open; otherwise, your application may not be accepted.
The opening and closing dates of the applications may vary every year depending on many factors. However, applicants can check for the foundation bursary’s notifications of the application cycle directly by visiting the bursary’s official website. Applicants applying for this foundation bursary programme can visit the official website for any related queries and guidelines.
A Guide to Online Bursary Application for PPS Foundation Bursary 2024
Applicants willing to apply for the PPS bursary for the current academic year must submit their applications online at the PPS Foundation Bursary website.
Applying for this PPS bursary 2024 is simple. Applicants must apply online by visiting the bursary’s official website.
Before applying for the bursary, you should review the PPS Foundation application form and guidelines to learn more about it.
Here is a step-by-step guide to help students apply for PPS Foundation Bursary 2024:
- Step 1: Visit the official website,
- Step 2: Create an Account before they can log in and apply.
- Step 3: Please check for the PPS bursary online application form, read all the information carefully, and then fill out the form with accurate information.
- Step 4: Once you have uploaded all the documents and reviewed the application form, click the submit button to complete the process. Then, download the consent form.
These are the steps to follow for the PPS bursary application. To avoid rejection, make sure to apply on or before the bursary’s closing date.
Conclusion
PPS (Professional Provident Society) Foundation is a financial services company established in 1941. It is one of the leading organisations in South Africa because it exclusively serves graduate professionals, offering customised funding options. Till date, the PPS Foundation has awarded bursaries to more than a hundred students studying at public tertiary institutions, and this number will advance exponentially as more young minds pursue their dreams.
About to take your first step towards bursary application? Regenesys is here to provide you with the programme quotation to assist you in the beginning of your journey for the bursary. Besides, our career counsellors will offer you guidance to help you navigate the bursary application process.
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PPS Foundation Bursary – Frequently Asked Questions
What is the primary goal of the PPS Foundation Bursary?
The primary goal of this foundation Bursary programme is to provide financial assistance to successful, eligible applicants with excellent academic records who cannot continue their higher studies.
What is the minimum household income required to apply for this bursary?
The applicant’s household income should not exceed R600 000 per annum.
What average academic scores are required for students to apply for this bursary?
Applicants for this bursary must score a minimum aggregate mark of 65 per cent or higher in their matriculation and other academic records.
Does the PPS Foundation bursary ask to pay back the funding amount?
No. This foundation bursary does not ask for a payback of any money for beneficiaries.
Is this PPS bursary available for all higher studies?
No. This foundation bursary is perfect for young South Africans pursuing higher studies in STEM (Science, Technology, Engineering, and Mathematics) disciplines.
