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Tertiary education is sometimes not accessible because of a lack of FUNDING. ...

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Tertiary education is sometimes not accessible because of a lack of FUNDING.

Match the option of funding available and its matching definition:

Financial aid to cover the costs of studies, accommodation and so on but this generally has to be repaid.

“Fully subsidised free higher education and training for poor and working-class South Africans.”

Generally awarded based on academic excellence, they take into account Grade 12 results.

Financial institutions provide student loans. Generally, the way they work is that your parent pays the interest on the loan each month while you are studying. Then, once you complete your studies, you are required to pay off the rest of the loan (the capital amount). This is obviously the most ‘expensive’ of all the options discussed above but if it is the only option available after you have tried all of the others.

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