The Cyril Ramaphosa Foundation is a non-profit organisation that aims to enhance people's lives by creating opportunities through education and enterprise development. It was initially established as the Shanduka Foundation by Cyril Ramaphosa, the founder of the Shanduka Group, in 2004. In 2015, the foundation was renamed the Cyril Ramaphosa Foundation.
The foundation works with partner organizations such as Adopt-a-School Foundation, Thari Programme, KST, Cyril Ramaphosa Education Trust, and Black Umbrellas to bring about social change. Over the past 17 years, the foundation has played a critical role in promoting social and economic growth in South Africa by empowering underprivileged individuals and communities. You can collaborate with the Cyril Ramaphosa Foundation to make a positive impact on society.
Bursary description
The CRET Bursary Programme is a scheme that offers financial support to underprivileged students to pursue their academic dreams. This programme is an initiative of the Cyril Ramaphosa Foundation, a non-profit organization that strives to create opportunities through education and enterprise development. The CRET bursary programme takes a different approach by targeting candidates who may not be selected by other bursary programmes. This scheme considers the holistic needs of the student as well as their potential, entrepreneurial and leadership capability, community service, and their commitment to paying it forward.
CRET bursary applicants may apply for any undergraduate qualification, as long as it is no longer than five years, and the institution is accredited by the relevant higher education authority. All applications for skills development programs are considered, dependent on the requirements and decisions of the Bursary Selection Committee. Students in any year of study may apply, and the bursary does not require repayment. The CRET bursary covers essential expenses such as tuition, books, learning materials, accommodation, and meals, based on individual estimation and needs requirement.
The bursary does not legally obligate bursary recipients to work for the Foundation upon completion of their qualification. The bursary is allocated on a completion date basis but is renewable each year, dependent on academic results, commitment to the programme, communication policies, and other criteria, which is shared upon the successful signing of a bursary contract. The CRET bursary is only awarded to South African students residing and studying in accredited South African institutions. Study abroad is not considered.
Applicants may apply for a university bursary, university of technology bursary, TVET bursary, or CET (skills development) bursary.
Requirements and eligibility
Who can apply for the CRET Bursary?
Financially needy students who require additional support to continue their studies or complete their chosen qualification are eligible for the CRET Bursary. Priority is given to applicants pursuing essential and scarce skills education as defined by various labor and economic advisors, including the Department of Labour and SETAs.
Non-negotiable criteria for eligibility include:
Applicants must be between 16 and 27 years of age, learners, or unemployed youth who wish to pursue a recognized undergraduate or other qualification at a public institution in South Africa.
Applicants must be South African citizens with a valid ID number.
Applicants must have applied for their selected course at an accredited institution and provide evidence of this during the application process.
Applicants must pursue the area of specialization indicated in the application and accepted by the institution.
Applicants must demonstrate strong academic performance, leadership skills, empathy, and excellent developmental communication skills.
Financial need will be assessed, and the applicant's basic household income must not exceed R650 000 per annum.
How to apply
Applications for the CRET 2025 Bursary closed on 13 December 2024. Please look out for updates on Bursaries.co.za for updates on the CRET 2026 applications coming soon.