​Values and conditions of scholarship awards

• The maximum value of the scholarship, commencing in 2019, is R 420 000.00 payable over three years. Applicants will be required to declare the value of any other scholarship(s) or award(s), whether in cash or in kind (for example paid leave of absence), that they may hold for the same study programme. Lower values may be allocated where successful applicants hold other scholarships amounting to less than the maximum value of the Graduate School scholarship.
• Scholarships shall be deposited into the student's University account, where all amounts owing to the University shall be deducted first. Where a positive balance is available after such deductions, the positive balance may upon request be transferred to a student's private bank account, which should be at an approved South African financial institution. All financial transactions between the University and students shall take place in South African Rand.
• All scholarship awardees will be required to enter into a signed agreement with the University, known as the Scholarship declaration. No scholarship amount will be paid out unless the student is properly registered at the University.
• The scholarship shall be transferred to the student's University account in four instalments per year: the first upon registration, the second at the beginning of May, and the third at the beginning of September, and the remainder at the beginning of December. Save for the first instalment in the first year of study, no other instalment shall be transferred to the student's account unless authorised by a responsible official of the Graduate School, who will be obligated to ascertain that satisfactory progress has been made by the student in the relevant preceding period, before authorising transfer of the instalment. 
• If a scholarship-holder does not obtain the degree for which the scholarship was awarded within the prescribed period (three years for doctoral study); relinquishes his/her studies, or leaves Stellenbosch University (SU) during the period for which the scholarship was awarded without the knowledge of or direction of the supervisor appointed for such a student, the SU may at its sole discretion require him/her to refund all payments of the scholarship already received for study towards the particular degree, plus interest at a rate determined by the University's Chief Financial Officer.
• If at any time it is discovered that a scholarship-holder presented false information to obtain a scholarship (misrepresentation), or did not declare information pertinent to the Graduate School's decision to award a scholarship or continue the award of the scholarship (non-disclosure), the SU may at its sole discretion require him/her to refund all payments of the scholarship already received for study towards the particular degree, plus interest at a rate determined by the University's Chief Financial Officer.