The National Housing Finance Corporation is part of the Development Finance Institutions created by the government of South Africa to provide sustainable solutions to the country’s socio-economic challenges. The NHFC’s focus is on developing feasible models that will give low to middle-income families access to affordable housing finance. In addition to providing affordable housing finance, it also rolled out the NHFC Bursary Scheme to further help uplift the quality of life of the underprivileged families in South Africa.
Established in 1996, the NHFC’s set out to provide housing finance, technical assistance and project facilitation to both public and private organizations to ensure housing stock availability for its target market. The NHFC also works with a wide range of organizations from out of state as funding sources to support its home financing programmes.
NHFC Bursary Scheme
In its efforts to promote expertise, capacity, and employment opportunities relevant to the housing finance sector, the NHC created a comprehensive tertiary bursary programme. It is given to second year and post graduate students intending or currently pursuing any of the studies listed below
- Economic Development
- Risk Management
- Property Markets
- Real Estate
- Human Settlements
- Energy Efficiency
- Housing/Housing Construction
- Built Environment
- Developmental Studies
Upon successful completion of the bursar’s studies, the NHFC can offer internship opportunities relevant to the bursar’s field of study.
Requirements or Eligibility
Applications that satisfy the following basic requirements will be considered for review:
- A South African citizen
- Must be from a financially constrained background
- High academic achievement and performance
- Must be studying or intending to study a university course related to the house finance sector
If you meet the above-mentioned basic requirements, ready the following required documents.
- Academic records from Grade 12 and previous grade levels
- Certificate of admission from the university
- ID document (RSA bar coded)
- School records on the University’s official letterhead
- Parent’s or guardian’s ID and proof of income
- IDs or birth certificates of individuals declared as members (if any) of the household
How to Apply
If you meet the basic requirements, start the application process by downloading the bursary application form from the NHFC site. Click the link below to access the application form.
A hard copy of the application form is also available at selected university registrars.
Make sure to diligently fill out the form and attach the required documents before sending it to firstname.lastname@example.org
Opening and Closing Dates
Deadline for submission is on 30 November 2019. Late submissions will not be reviewed.
Any enquiries should be sent via email to email@example.com
If you wish to know more about the National Housing Finance Corporation, visit their website by clicking on the link below
Check out the NHFC Bursary Programme advert here: