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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

Future economic development lies in humankind’s ability to learn from nature
2015-09-30

We as humans have become more powerful than we are wise. We live in a world where there is an abundance of knowledge but less wisdom. ”These were the opening remarks of Edward Kieswetter, Group CEO at Alexander Forbes, and former Chairperson of the UFS Council, as guest speaker at the UFS Business School on 23 September 2015, on the subject of the future economic world order, and the vast amount of knowledge that humans possess. “The knowledge we possess has the potential either to develop us greatly, or put us at high risk of extinction,” he said.

Mr Kieswetter was accompanied by Dr Idriss Aberkane, a French thinker, entrepreneur, and academic, who is co-founder and CEO of Scanderia Ltd. Dr Aberkane spoke of three new concepts that the world is moving towards: Knowledge Economy, Biomimicry, and the Blue Economy.  He said “humankind’s second renaissance is based on the knowledge economy.”  He added that knowledge is infinite and prolific, with its global quantity doubling every 7 to 9 years. He added that “the combination of forms of knowledge grows exponentially and non-linearly.”

On the subject of Biomimicry, he said “nature is high-tech, we should read it rather than burn it.” High-tech companies, such as Samsung and Apple Inc are beginning to use Biomimicry to produce the most advanced technological gadgets, and even more companies are using the same, to advance the fields of medicine, agriculture, production of apparel, and sustainable development.

The session was attended by MBA students, student leaders, and members of the university community.

The guest speaker series forms part of the MBA programme held at the UFS Business School throughout the year.

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