Assess any two types of financial assistance that can be applied for after grade 12 to further your studies?
Question: Assess any two types of financial assistance that can be applied for after grade 12 to further your studies?
Two types of financial assistance that can be applied for after grade 12 to further studies are bursaries and student loans. Bursaries are funds provided by organizations, companies, or the government to cover some or all of the costs of tuition, accommodation, and other study-related expenses. They are typically awarded based on academic merit, financial need, or specific criteria related to the donor's interests. On the other hand, student loans are funds borrowed from banks or government institutions that must be repaid over a specified period, often with interest. They can be used to cover tuition fees, textbooks, and other study-related expenses and are typically awarded based on the borrower's creditworthiness and ability to repay the loan. Both bursaries and student loans can help students to finance their education and pursue their academic and career goals.
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