Cyril Ramaphosa Education Trust (CRET)

Cyril Ramaphosa Education Trust (CRET)

Cyril Ramaphosa Education Trust (CRET) Bursary Scheme

Cyril Ramaphosa Education Trust (CRET)

About Cyril Ramaphosa Education Trust

Cyril Ramaphosa Foundation was formerly known as the Shanduka Foundation and was established in 2004 by the Shanduka Group and its founder, Cyril Ramaphosa. The Foundation is an independent public benefit organisation that strives to improve lives. The Foundation changed its name to Cyril Ramaphosa Foundation in 2015. To achieve social change, the Foundation partnered with Adopt-a-School Foundation, which includes the Thari Programme, Kagiso Shanduka Trust, Cyril Ramaphosa Education Trust and Black Umbrellas.

Cyril Ramaphosa Foundation formed the Cyril Ramaphosa Education Trust (CRET) to support qualified South African students for better employment qualifications. CRET not only look for the top achievers but also for candidates who can show the potential to progress under the right conditions with proper support. CRET will offer not only financial support but also nurturing, mentorship and psychological and social connection. All recipients will have the opportunity to attend intensive holiday work experience programmes twice a year, for additional soft skills training and networking opportunities. Recipients are also exposed to team‐building activities, personal development as well as a supportive family environment.

Cyril Ramaphosa Education Trust Bursaries

The Cyril Ramaphosa Education Trust (CRET) is a programme of the Cyril Ramaphosa Foundation, supports deserving South African learners from disadvantaged backgrounds to continue higher education for employment qualifications improvement. CRET is a non-profit organisation which aims to improve lives and create opportunities through education accessibility and industry growth.

CRET bursary is granted to a duration of no longer than 5 years in the institution accredited by the relevant Higher Education authority. The total value of the bursary varies according to the educational institution’s cost structures and the recipient’s educational expenses. Generally, the bursary will cover tuition, books and other learning materials, accommodation expenses and meals as well as a small stipend for living expenses, dependent on other expenses. The amount allocation for each recipient is capped at a certain value as discussed before signing of Bursary Agreement, which is good for one year. Bursary may be renewed every academic year depending on academic results, commitment to the programme, communication policies, and other criteria detailed in the bursary contract.

After completion of student’s qualification, bursary recipients are not required to work for the Foundation. In addition, CRET have no obligation to provide employment opportunities to the recipients. CRET does not obligate recipients to repay the amount invested for their studies.

Bursary Requirements

  • Unemployed and full-time students of 16 to 30 year old who wish to pursue undergraduate studies at an accredited South African institution
  • South African citizens with a valid South African ID number
  • Registered and accepted student at an accredited institution
  • Demonstrate good academic, developmental communication skills, leadership, high values and empathetic ability
  • Proven financial need
  • Applicants who are students or wish to pursue studies in relevant and scarce skills as determined by the Department of Labour, SETAs and other labour/economic advisors, will be given preference
  • Students in any year of study who do not have a higher education qualification and is not applying for postgraduate studies are eligible to apply
  • Applications for skills development programmes will be considered based on the Bursary Selection Committee requirements and decision results
  • Distance education and part-time students may apply as long as they meet all the requirements and eligibility
  • Recipients of bursaries or funding from other sources may also be considered based on additional need

Closing Date: 31 October 2019

How to Apply

  • The CRET Bursary Application 2020 must need to be done online. To apply for this bursary, click here. You must need to register an account before you can login and apply.
  • Attach certified copies of the following documents:
    • June and Final Matric results
    • South African ID document
    • Full academic record, if currently at tertiary level
    • Proof of tertiary application or acceptance
    • Parents / guardian’s ID documents
    • Proof of income of parents / guardian

How much is a CRET bursary worth?

Institutions have different cost structures, so the total value of a bursary differs from institution to institution. CRET bursaries are personalised to cover the successful recipient’s essential expenses., based on an individual estimation and needs requirement.

What does the bursary cover?

Expenses covered are dependent on need, but may include tuition, books and other learning materials, accommodation expenses and meals, and where motivated, a small stipend for living expenses, dependent on other expenses The allocation to any individual student is capped at a specific value which is discussed with the student prior to signing of a Bursary Agreement. This agreement is binding for one year.

Is a CRET bursary recipient required to serve at the Cyril Ramaphosa Foundation, or its partner entities, upon completion of qualification?

Students are not obligated to work for the Foundation upon the completion of their qualification and employment opportunities are not guaranteed by the Trust.

Must a CRET bursary be repaid?

No, the CRET bursary does not legally obligate bursary recipients to repay the funds invested into their studies upon completion of their desired qualification or failure to complete their studies. A bursary is allocated on a completion date basis but is renewable each year, dependant on academic results, commitment to the programme, communication policies, and other criteria which is shared on the successful signing of a bursary contract.

Are foreign students eligible for a CRET bursary?

No, the CRET bursary is only awarded to South African students residing and studying in accredited South African institutions. Study abroad or postgraduate study is also not considered.

SUPPORT CRET

To support a CRET student through their studies, whether through mentorship or financial means, or to make a donation of equipment, stationery, data and the like please contact:

Tel: 011 592 6560
Email: info@cyrilramaphosa.org

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