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The handover was done by Thomas September, ABSA Head Regional Coverage: Relationship Banking. With him are a student, Emily Ndlovu, Ntokozo Nkabinde (Institutional Advancement) and Tshenolo Thibeletsa (ICT).

“I am still in disbelief. Before I had this laptop, I was borrowing my cousin's laptop to do my academic tasks.”

These are the words of final-year Biochemistry and Food Science student, Xoliswa Khumalo, one of 200 students who recently became recipients of a generous donation of laptops from ABSA. In its endeavour to make a contribution towards saving the 2020 academic year, ABSA identified deserving students.

Xoliswa continued: “This laptop will help me type my assignments, since all of them need to be typed. I will also be able to view my slides and watch videos of my lectures. Now I do not have to wait for my cousin to watch movies. I am free to use mine for as long as I want.”

Another recipient is Itumeleng Katjedi, a second-year Economics student. “Thank you very much for the contribution to making my education journey much easier and simpler. I will be sure to strive to get the best grades,” she said.

“The University of the Free State (UFS) wishes to express its sincere appreciation to ABSA for investing in the future of those students who have little or no financial means to complete their studies remotely.  Much has changed and many lives are directly and indirectly affected by the COVID-19 pandemic,” says Rector and Vice-Chancellor, Prof Francis Petersen, in a letter to ABSA’s Dr Reaan Immelman, Head: Education Delivery Citizenship.  

“These are challenging times, not only for our country, but also for higher education institutions, as we work towards ensuring that the academic year is completed without any of our students being left behind.  The UFS is deeply thankful for the 200 laptops, which will make an immeasurable contribution to alleviating inequalities between the different student cohorts.  For these students, this gesture will not only advance their academic success; it will position them for the future world of work. ABSA will always be remembered as the co-creator of their future,” he adds in the letter.

Students from across the length and breadth of South Africa continue to receive their laptops via courier services, and those near the campuses are able to collect them while observing the COVID-19 regulations.

News Archive

Medical practitioners join forces to help students studying medicine with loans
2010-02-24

Medical practitioners from the University of the Free State’s Faculty of Health Sciences have established a loan fund for enrolled students studying medicine to assist them with their studies. This loan fund has paid out a total amount of R329 106,00 over the past three years.

During 2002 the faculty’s School of Medicine identified a gap in the awarding of bursaries to enrolled students studying medicine at the UFS.

Many students who follow the course M.B.Ch.B struggle to obtain bursaries and are often forced to cease their studies due to a lack of funds.

A group of medical practitioners addressed this gap by providing funds in the form of voluntary out-of-pocket contributions towards a study loan fund to deserving students. This fund has received over R1million in contributions over the years.

Although the loans do not cover the full costs of a particular student, it brings the necessary financial relief and enables the student to focus on his/her studies and at least register. It also gives the student the time at the beginning of the year to attain more money to study.

The loan is repayable as soon as the student is employed. Repayment is calculated on the income of the individual and is administrated by an outside organisation at a minimal interest rate that only kicks in when the loan becomes repayable.

The School of Medicine encourages students who qualify for this loan to seek alternative funding. In this way, more students can be supported annually.

Currently an average of eight to twelve students per year are helped from this loan fund.

Media Release
Issued by: Lacea Loader
Director: Strategic Communication (actg)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za  
24 February 2010

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