The Monocle is an independent consulting organisation that specialises in banking and insurance. They have offices in Johannesburg, Cape Town, London, and Amsterdam. Monocle was founded in 2002 and is known for its expertise in the banking and insurance field. In 2014, Monocle started the Monocle Foundation Bursary Scheme to help female students who come from disadvantaged backgrounds. This foundation provides financial assistance to black female students in South Africa who are in their second year of study or higher. These financial aids are provided to students who are pursuing education in fields like Accounting, Computer Science, Economics, Engineering, Finance, Mathematics, and Medicine.
In this article, we will find out about the Monocle Foundation bursary 2024 opportunity for females, including how to apply, who is eligible, and what is required.
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Monocle Foundation Bursary 2024: Fields Covered
Only previously disadvantaged black females will receive bursaries for both undergraduate and postgraduate studies. These bursaries cover a wide range of fields of study, ensuring inclusivity across disciplines such as:
- Accounting
- Computer Science
- Economics
- Engineering
- Finance
- Mathematics
- Medicine
Monocle Foundation Bursary Application Eligibility Criteria
Applicants must meet the specified requirements to qualify for this bursary. It’s crucial that candidates thoroughly review and meet all criteria, such as academic qualifications, submitting required documents, and any other stated conditions. Not meeting these requirements will result in the application being disqualified.
- Be a South African citizen
- Be a female
- Be Black (African, Coloured, Indian, or Asian)
- Have completed Matric
- Be studying for an Undergraduate or Postgraduate degree in one of the listed fields
- Be in your second year of study or higher
- Be studying at a recognised and accredited tertiary institution in South Africa
- Be in financial need, with little to no funding for your education
Monocle Foundation Bursary Requirements: Documentation
To apply online, you must submit clear copies of these supporting documents. Missing any of these documents may result in your application being disqualified:
- Certified copy of your ID document
- Certified copy of your Matric certificate
- Full academic records/transcripts (on the institution’s letterhead and stamped by the University)
- Certified copy of your degree certificate (if you are a postgraduate student)
- Breakdown of funds required for 2024 (including tuition fees, study support and books, accommodation, and subsistence allowance)
- Updated Curriculum Vitae
- A letter addressed to the Trustees of the Monocle Foundation Trust, which includes:
- Information and background about yourself
- Your field of study
- Your career ambitions
- Your motivation for why you should be awarded the bursary. Learn how to write a motivational letter.
What Does Monocle Foundation Bursary Cover?
The bursary will fully cover several important expenses for students, ensuring financial support for essential costs. Additionally, students will benefit from career counselling and a course in Microsoft Office. This support aims to make sure that students not only succeed academically but are also well-prepared for their future careers.
- Tuition fees
- An allowance for books and study materials
- A laptop
- Accommodation
- A subsistence allowance for living expenses
Monocle Foundation Bursary Online Application Process
Here’s a detailed step-by-step guide to the Monocle Foundation Bursary 2024 application process, offering clear instructions and requirements to assist candidates in successfully navigating each stage.
- Make sure you meet all eligibility criteria.
- Gather required documents
- Visit the Monocle Foundation Trust website.
- Fill out the online application form.
- Upload all required documents.
- Review and submit the application.
- Wait for a confirmation email.
Once your application is selected, there will be a phone screening with the Trust Administrator. Next, you’ll have a personal meeting with the Trust Administrator. If shortlisted, you’ll then have a one-on-one interview with one of the Trustees.
The Trustees will shortlist candidates, and all applicants will get feedback on their application outcome. Follow up if you don’t receive confirmation within a few weeks.
What Is the Monocle Foundation Bursary Closing Date?
The foundation has not yet announced the closing date for the Monocle Foundation Bursary 2024. We encourage you to visit the website regularly to stay updated on the application deadlines and any other important information.
Conclusion
The Monocle Foundation Bursary offers a significant opportunity for black female students in South Africa to pursue undergraduate or postgraduate education. Monocle supports women’s empowerment by providing financial assistance and additional aid like career advice and MS Office courses for professional advancement. Their main aim is to help female students succeed in academic as well as professional levels. This showcases the foundation’s commitment to promoting diversity within the banking and insurance industry. For eligible females, this bursary has the potential to change their lives by assisting them achieve their goals. Make sure you stay informed about the application deadlines and fulfil all the requirements in order to increase your chances of receiving this valuable monetary assistance.
About to take your first step towards bursary application? Regenesys is here to provide you with the programme quotation to assist you in beginning your journey for the bursary. Besides, our career counsellor will offer you guidance to help you navigate the bursary application process. Connect With Us Now!
Monocle Bursary 2024 – Frequently Asked Questions
How can I contact the Monocle Foundation Trust for more information?
The Monocle Foundation Trust can be contacted through its website or email address. Contact details are generally provided on its official website.
What should I include in my motivational letter for the Monocle Foundation Bursary?
Your motivational letter should include information about yourself, your field of study, your career ambitions, and why you believe you should be awarded the bursary. It should show your passion and commitment and how the bursary will help you achieve your goals.
What does Monocle Foundation Bursary 2024 cover?
The allocation of funds for 2024 includes tuition fees, study support and books, accommodation, and a subsistence allowance. The quantities depend on the student’s financial and educational needs.
What academic records do I need to submit with my application?
Applicants must provide full academic records/transcripts from their university, stamped on the institution’s letterhead, and a certified copy of their degree certificate if applicable.
What support services does the Monocle Foundation Bursary 2024 provide in addition to financial assistance?
In addition to financial aid, the Monocle Foundation offers career counselling and a course in Microsoft Office to help students prepare for their future careers.
1 Comment
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