Education is said to be the key to success.
Tertiary education costs are rising, but there is a solution for cash-strapped people who want to pursue a career.
Post-matric students can take advantage of government- subsidised institutions. These institutions provide financial support to deserving students, especially those who want a career in science, engineering or technology.
The National Student Financial Aid Scheme (NSFAS) offers loans to children from poor families.
Loans are given to needy students whose families might not qualify to sign surety for a bank loan. NSFAS is funded by the Education Department in partnership with the private sector and overseas donors.
These loans are only for South African citizens who are able to show academic success and who do not have finance. Students with a total pre-tax income of less than R100000 a year are given preference.
Students only have to pay the loan back after they get a job and earn more than about R26000 a year.
Those who do not qualify can apply for student loans at banks.
If your parents are permanently employed, you can get help from a private company called Eduloan, which helps parents make up-front payments to register at a university and spread the tuition payments over 10 months.
The main requirement is that parents earn R2000 a month after deductions and have been in fixed employment for at least six months.
Excelling in matric is a great advantage because you will be rewarded financially.
Academic merit awards are financial rewards that universities offer for academic excellence.
The best option is winning a bursary or scholarship because you normally do not have to pay the money back.