Undergrad funding policy
General Rules & Policies
1. Financial Aid or GAP funding will be cancelled if the fee account is in credit.
2. Where allowances are paid to you in error, you will be required to re-pay the money to your UCT fee account.
3. Students intending to move out of a University Residence into private accommodation will need to submit a motivation for approval to Student Financial Aid to vacate the University Residence.
4. UCT residence and private accommodation costs is intended primarily for students whose home address is outside of the greater Cape Town area. Students whose home address is in the greater Cape Town area and who wish to stay in UCT residence or private accommodation must submit a written motivation to the SFA Office to have these costs covered before signing into residence or signing a lease agreement. The SFA Office will confirm the outcome in writing. If the motivation is unsuccessful, and the student moves into residence or private accommodation, the cost of the accommodation will be borne by the student. If the motivation is successful, then the student does not have to re-submit a motivation the following year.
In terms of National Bursary Rules and Guidelines, University accommodation is the first option, and any private accommodation must be accredited through the University processes.
5. The funding of Summer and/or Winter Term courses is not automatic, but by separate application.
6. Personal payments or bank loans (non-sponsor payments) made to the fee account will reduce the NSFAS funding and thereafter UCT administered funding. No reimbursements will be made for personal payments or loans.
7. Not exceed the minimum duration (n) of the undergraduate programme plus 1 years of study (n+1).
8. Eligible Diplomas, such as the PGCE will only be funded for the minimum duration of the programme (1 year).
9. Students may not change their programme of study without written approval from SFA.
10. Eligibility for renewal of all funding programmes will be subject to passing 50% of registered courses in the prior academic year.
11. Academic exclusion automatically cancels eligibility for renewal and is not reinstated if the Readmission Appeal is successful.
12. The University reserves the right to act and withdraw all funding if such funding was received as a result of fraud.