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13 August 2019 | Story Lacea Loader | Photo Sonia Small
Student Success
The UFS is committed to student success through its own initiative.
In its endeavour to assist and support academically deserving students, taking into account the current economic climate in South Africa, the University of the Free State (UFS) has been able to maintain its approach to student success from its own initiative and in cooperation with external sources or partners. 
 
In addition, the university’s tuition fees remain on average 20% less than those of comparative universities.
 
“More than 70% of all registered undergraduate and postgraduate students at the UFS are receiving some kind of financial support – whether from the university or via external sources or partners, or from the National Student Financial Aid Scheme (NSFAS). In fact, financial support to students is one of the main expenses of the university,” says Mr Chris Liebenberg, Senior Director: Finance at the UFS. 
 
According to Mr Liebenberg, undergraduate bursaries to the value of R63 million and postgraduate bursaries to the value of R77 million have been allocated for 2019. These bursaries are funded by the UFS, as well as by external sources or partners and are awarded on merit, which includes academic, sport, and cultural performance. It excludes bursaries that students receive from NSFAS. 
 
“The university is able to provide this support to deserving students due to its stringent application of financial governance and discipline and within a framework of financial sustainability. It is a principle that the university management strongly believes in and will continue to apply,” says Mr Liebenberg. 

News Archive

UFS Director serves on international financial planning body
2010-03-29

Adv. Wessel Oosthuizen.
Photo: Supplied

Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS) and Panel Chairperson of the Financial Planning Standards Board Ltd. (FPSB), was recently seconded to two FPSB meetings.

Adv. Oosthuizen is a member of two work groups that consist of representatives from Australia, Canada, China, Germany, Ireland, Japan, New Zealand, South Africa, the United Kingdom and the United States. The groups are tasked with developing a framework that would incorporate the abilities, professional skills and knowledge a student or candidate for certification would need to cover when developing viable written financial plans for clients. Additionally, the groups discussed the type and content of templates, tools and guidance documents that education, training and assessment bodies could use to ensure that financial planners were capable of integrating theory and practice when delivering financial planning to clients.

According to Adv Oosthuizen, the FPSB’s goal is to develop guidance documents and templates for practitioners, employers, educators and certification bodies that will support a robust evaluation of independent and supervised work experience for entrants to the field of financial planning, consistent with approaches taken by more established professions by the end of 2010.

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