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World-leading education for all
‘Pay it Forward’ bursaries are based on financial need. These bursaries are available for committed students who are prepared to work hard, with great attitudes. These individuals once successfully employed, in turn ‘Pay it Forward’ to support another individual who might be unemployed or unable to fund their education.
Financial aid and ‘Pay it Forward’ Bursaries are available to cover all. On a full bursary, you will contribute only R200 per month while studying, and once you are placed in a job help someone else at a fixed rate.
Here is what a ‘Pay it Forward’ Bursary covers:
(what we pay to offer this)
Foundation Year
dependent on the programme
(with full interest free bursary loan)
per month x 10 months per year
once off registration fee
Up to
amount determined by the rate earned on the work / study program
until full bursary loan is paid
(what we pay to offer this)
Foundation Year
dependent on the programme
(with full interest free bursary loan)
per month x 10 months per year
once off registration fee
Up to
amount determined by the rate earned on the work / study program
until full bursary loan is paid
“Pay it forward” is about a community of support. It’s about everyone helping someone else as they start to become successful. That ‘someone’ can be your own brother or sister that you help to sponsor their education, or someone else you care about. Alternatively, we will find someone for you to sponsor.
Here’s how it works: Monthly contributions to “Pay It Forward”
All students – R200 pm (throughout your time on a ‘Pay it Forward’ Bursary)
Students earning a stipend: a percentage of the stipend every month(once MII gets you on a stipend you pay part of that forward to help someone else)
Employed graduates R600 per month (once you graduate and are employed)
Although the total true value of your education is in excess of one million Rand, through the ‘Pay it Forward’ programme, you ultimately pay back a small fraction of this, currently an amount of R118,000 in total, interest-free and over many years.
As you start paying it forward, you can choose someone you care about to help change their life.
As a registered non-profit organisation, all amounts you repay go toward funding another student.
Work-study jobs are available to earn money while studying to pay back your fees and earn extra money for transport and other personal expenses. Find out more here: Learn and Earn
Academies and Industry specific exams are sponsored by Industry partners and are subject to availability to MII registered students. The full costs of the academy courses and industry specific exams are covered by the sponsor* subject to terms and conditions . All MII students, regardless of the stream or program they are registered for, contribute to the “pay it forward” culture of MII to create a legacy of accessible and affordable education for all.