Samsung’s multimillion-rand bursary initiative benefits GP youth
Thirty talented young students in Gauteng are this year’s recipients of bursaries totalling R2.7 million through Samsung’s bursary investment initiative.
The bursaries, which form part of ongoing partnership between Samsung and Gauteng’s Department of Education (GDE), aim to ease the financial pressures during the students’ first year of study.
Now in its third year, the multimillion-rand bursary initiative awards bursaries to students who are Gauteng residents and study at various universities across the country.
The Gauteng City Region Academy (GCRA), an agency of the GDE, identifies, selects the deserving students and administers the bursaries on Samsung’s behalf.
Samsung says the full bursary covers the cost of one year’s study in their selected field at their preferred institution of higher learning, including the provision of electronic devices. The bursaries are awarded to graduates pursuing a career in the fields of electronics, engineering, commerce, retail, sales and marketing.
Hlubi Shivanda, director of business innovation group and corporate affairs at Samsung SA, says: “As Samsung, we believe that education, mentorship and on-the job training can open new doors for the young people of this country. Working together with the students, higher institutions of learning and government, we can dedicate the necessary resources and time to create endless possibilities, while inspiring our youth to take their place at the forefront of the fourth industrial revolution.
“It is with great pride that we partner with the Gauteng Department of Education to ensure we can empower our country’s youth to fulfil their potential.”
According to the electronics giant, the money will not only fund these students’ education but Samsung has also pledged to seek out possible employment opportunities for these deserving students.
The ongoing funding is dependent on the academic performance of the students as per the GCRA policy. The bursary is awarded for one year but could be renewed annually, subject to the academic performance of the bursary recipient.
The bursaries include various areas of support, namely quarterly support meetings with Samsung and student liaison officers, as well as academic, personal and career guidance through individual coaching and academic tutoring.
“Samsung will continue to pursue opportunities that give the youth of South Africa the tools and support to become meaningfully engaged in the economy and pursue their dreams,” concludes Shivanda.