Cyril Ramaphosa Education Trust (CRET) Bursary application
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.