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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

Kovsies in top four in Global Business Challenge
2015-05-06

Photo: Mark Steenbok (Bloemfontein Courant) 

 

Christiaan Paulsen (team leader), Sias Conradie, Jannie de Wet and Frikkie Jacobs.

Four Kovsies in the Department of Mathematical Statistics and Actuarial Sciences are one of the top four teams in the Chartered Institute of Management Accountants’ (CIMA) Global Business Challenge. 178 teams registered to participate in the competition.

 

Team Bernoulli from the UFS will compete against two teams: one from the University of Pretoria and one from the Chartered Accountant Training Institute in Sandton. The winning team will win a trip to Poland, Europe to represent their university and country at the 2015 global final.

 

This international business competition is for undergraduates around the world, designed to bring out the best in the young business leaders of tomorrow.

 

Team leader, Christiaan Paulsen, said: “We are overjoyed to be in the final. However, our true success is in what we learned along the way”.

 

The team has to present a business case study, showcasing their talent in business management. During this competition, the team has

  • learned to analyse and solve a real-life business case study;
  • -obtained first-hand experience of the skills required to be a business leader;
  • enhanced their team building skills; and 
  • developed their presentation skills.  

Students from Australia, Bangladesh, China, Ghana, Hong Kong SAR, India, Indonesia, Ireland, GCC, Malaysia, Myanmar, Nepal, New Zealand, Nigeria, Pakistan, Phillipines, Poland, Russia, Singapore, South Africa, Sri Lanka, Thailand, Ukraine, United Kingdom, Vietnam, and Zambia are taking part in the competition.

 

This competition is organised by CIMA in conjunction with Barclays.

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