FASSET awards bursaries to the missing middle
Tuesday, 23 April 2019
The Finance and Accounting Services Sector Education and Training Authority (Fasset) has donated R14.6m in student bursaries to the Graduate Centre for Management (GCM) this year.
Not fewer than 125 deserving Accounting students, from second-year upwards, benefitted from the allocation received from the Fasset’s PIVOTAL Bursary Scheme with Academic Support. The successful applicants had to prove that their annual household income was not more than R600 000, the so-called “Missing Middle” grouping.
GCM’s Arnelle Meyer said CPUT and Fasset have been working in partnership for years. Meyer said besides tuition fees the bursaries cover textbooks, transport and accommodation expenses.
“They have access to a tutor on a weekly basis. Fasset is trying to address the financial burden weighing down the students from completing their studies.” She added that the students will also attend lectures during university holidays.
The award includes the provision of soft skills training which covers the following:
- Communication (reading/ observing; business writing; study skills, speaking skills);
- Interpersonal skills (teamwork; networking);
- Decision-making skills (problem-solving, critical thinking);
- Life skills (stress management, time management, ethics, job search strategies, interview skills)
Dean of Business and Management Sciences, Prof Paul Green, said he was extremely excited about the project and commended GCM for the initiative which he referred to as a strategic project.
“You are very privileged to get the opportunity to study,” Green told the successful students. He added that research shows that universities have a high dropout rate.
“The university wants to help deserving students who are needy to complete their studies. Make yourselves and the faculty proud, work hard.”
Written by Kwanele Butana
Email: butanak@cput.ac.za
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