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Durban University of Technology Annual Fund campaign
Durban University of Technology Annual Fund campaign
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ANNUAL<br />
FUND AS AN<br />
UMBRELLA<br />
PROJECTS<br />
UNDER THE<br />
ANNUAL<br />
FUND<br />
Endowment Fund<br />
This long term fund is an important, permanent<br />
source of funding that will take care of the financial<br />
needs of current and future generations of DUT<br />
students. This legacy fund will mainly disburse<br />
bursaries, and act as a reserve against rising student<br />
needs.<br />
1. One Meal Once a Day -<br />
Food Security 20%<br />
2. Give a Tiger - Alumni<br />
bursary Fund 30%<br />
3. Endowment - 50%<br />
Bursary Fund<br />
The bursary fund augments the National Student<br />
Financial Aid Scheme’s allocation to DUT. The focus<br />
is on underprivileged but academically high-potential<br />
students, which fall between the cracks,<br />
often referred to as the “Missing Middle”. This may<br />
be due to insufficient funds or inadequacies in the<br />
national allocations.<br />
Food Security (One-Meal-Once-a-<br />
Day)<br />
This initiative is an intervention that responds to an<br />
immediate basic need. It is the University’s feeding<br />
scheme that seeks to help underprivileged students<br />
across DUT campuses. The scheme provides these<br />
students with at least one meal every day, via the<br />
swipe card system at the campus cafeteria. This<br />
way, the student’s dignity is maintained, while ensuring<br />
efficiency and transparency in managing the<br />
scheme.
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