Partially funded

Cornerstone Institute Financial Aid Programme

Cornerstone Institute (RF) NPC, South Africa

Scholarship overview

The Cornerstone Institute Financial Aid Programme helps students access and succeed in tertiary study. Cornerstone is a private institution with no government subsidy, so aid comes from external funders (individuals, organisations, trusts, religious institutions and donors) and internal resources set by management.

Aid is usually partial remission of fees; the student pays the balance. R4.2 million has been awarded and more than 500 students supported to date.

Demand exceeds available funds, so students are advised to seek other funding as well. The Financial Aid Committee (FAC) is the sole custodian of fund allocations and meets at least four times a year, on the first Thursday of March, May, July and October.

Award Information

  • South African citizen or permanent resident.
  • Accepted into a Cornerstone undergraduate or postgraduate programme.
  • Proven academic potential and demonstrated financial need.
  • New applicants: complete application and supporting documents submitted before the closing date; initial payment made per the fee structure.
  • Current students: not on academic probation; previous balances settled; initial payment made on time; students who failed a year or modules cannot reapply for that year or those modules.
  • Signed agreement and declaration form, and full disclosure of information affecting the award.
  • At least 80 credits per year or 40 per semester.
  • Evidence of efforts to secure other funding.
  • 10 hours of community service per semester, to Cornerstone or the community.
  • Full compliance with the fee policy, which takes precedence over the financial aid policy.
  • Failed or additional modules are not funded. Donor-specific criteria may apply.
  • Usually partial remission of fees; the student pays the remaining balance.
  • The Rand amount per award is not fixed; allocation depends on available funds.
  • An initial payment set in the fee structure is paid at registration to activate approved funding.
  • Recipients sign an undertaking to complete the qualification or repay all funds granted.
  • New students (July intake): the window opens and closes on 30 June.
  • Returning students: applications open 1 September and close 31 October.
  • FAC meetings: first Thursday of March, May, July and October.
  1. Check the application window for your student category.
  2. Open the Financial Aid Application Form (Google Form) and complete it.
  3. Submit the form with supporting documents and the signed agreement and declaration.
  4. Pay the initial payment at registration if approved.
  5. Recipients later send an annual Funder Thank-you Letter to the Financial Aid Officer and update their Personal Profile for funders.

Apply at Cornerstone financial aid application. Financial Aid Office: +27 (0)21 448 0050; [email protected].

Official links

Documents you will need

  • Completed Financial Aid Application Form.
  • Signed agreement and declaration form.
  • Supporting documents for the application.
  • Evidence of efforts to secure other funding.
  • Proof of community service on the host organisation's letterhead.
  • Annual Funder Thank-you Letter and updated Personal Profile (recipients).

How selection works

The FAC meets at least four times a year (first Thursday of March, May, July and October) and decides allocations against fund availability. Qualitative factors include attitude and conduct, community involvement and commitment to social justice, expected graduation year, financial need, and a financial and academic update. Recipients must commit to completing the qualification or repay funds granted. Unsuccessful applicants may request written feedback from the FAC (response within five working days) and appeal in writing to Senior Management. Recipients must submit a Funder Thank-you Letter, update their Personal Profile and provide proof of community service each year.

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