Monocle Foundation Bursary South Africa 2025

Founded in 2014, the Monocle Foundation is a charitable trust that provides college scholarships for Black women from disadvantaged backgrounds. Monocle empowers women by giving them better access to education, financial skills, resources, and equal opportunities to reach their full potential. The Monocle Foundation Bursary supports women of color with little to no funding who are pursuing graduate and postgraduate studies in various fields.

This guide will explore in detail what the Monocle Foundation Bursary is all about, including its eligibility requirements, fields and expenses covered, and application process. Therefore, keep reading to enlighten yourself.

Overview of Monocle Foundation

Monocle is a standalone management consulting firm focused on banking and insurance. Founded in 2002, the company now has offices in Johannesburg, Cape Town, London, and Amsterdam. Founded in 2014, the Monocle Foundation provides tertiary funding for female students from disadvantaged backgrounds pursuing studies relevant to Monocle.

Monocle Foundation Bursary South Africa 2025

The Monocle Foundation Bursary is a financial assistance program designed to help eligible students pursue higher education. The bursary covers studies-related costs, such as tuition fees, accommodation, and other academic expenses. Here’s what you need to know about the Monocle Foundation Bursary South Africa 2025 before applying:

What Does the Monocle Foundation Bursary Cover?

Bursaries will be provided to previously disadvantaged Black female students for undergraduate or postgraduate studies in a range of fields, including but not limited to:

• Medicine
• Mathematics
• Accounting
• Finance
• Computer Science
• Engineering
• Economics

The bursary will cover tuition fees, study materials, a laptop, accommodation, and a subsistence allowance. Moreover, students will also benefit from career counseling and an MS Office course. The Trustee will shortlist candidates and contact them in November 2024, with final selections made by mid-December 2024.

All applicants will be notified about the outcome of their application. The selection process begins with a phone screening by the Trust Administrator, followed by an in-person meeting. Shortlisted candidates will then have a one-on-one interview with a Trustee.

Bursary recipients are not required to repay or work back the funds after graduation. Students must regularly update the Trust on their studies and progress and submit their final academic results.

Who is Qualified for the Monocle Foundation Bursary?

Before applying, applicants must meet the bursary’s eligibility requirements. If you fail to meet the requirements, your application will not be considered. The following are the Monocle Bursary eligibility requirements:

• Applicant must be a South African citizen.
• Applicants must be female.
• Applicants must be Black, including African, Colored, Indian, or Asian.
• Applicants must have completed Matric.
• Applicants must be pursuing undergraduate or postgraduate degrees in one of the fields mentioned in the above section, though other fields may also be considered.
• Applicants must be in their second year or higher of study.
• Applicant must be enrolled at a recognized and accredited tertiary institution in South Africa.
• Applicant must demonstrate financial need with little to no funding for their education.
• Applicant must not be receiving any other bursary funding.

How Do I Apply For the Monocle Foundation Bursary?

You can submit your application online from the comfort of your home. Here’s how you can apply for the bursary program:

• Visit the Monocle Foundation Bursary official application platform.
• After completing the application form, prepare the following documents:
  • Certified copy of ID documents.
  • Certified copy of your Matric certificate.
  • Complete academic record/transcripts on the institution’s letterhead, stamped by the university.
  • A certified copy of degree certificate for postgraduate students.
  • A detailed breakdown of required funds for 2025, including tuition, study materials, books, accommodation, and a subsistence allowance.
  • Current Curriculum Vitae.
  • A letter addressed to the Trustees of the Monocle Foundation Trust, including the details mentioend below:
    • Your information and background
    • Fields of study
    • Career ambitions
    • Motivation – Explain why you deserve the bursary

Closing Date: 8 November 2024

Ending Lines

In conclusion, the Monocle Foundation Bursary is now open for the 2025 academic year, so make sure to apply for it as soon as possible to avoid missing out on this opportunity. You can apply for the program through the Monocle Foundation bursary official platform. Make sure to apply before the deadline to be considered for the bursary.