Bursaries and relocation

Cloud

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My girlfriend has a bursary from the CSIR and is currently completing her Masters in Cape Town.

As part of the agreement with them, she must make herself available for work upon the completion of her studies, but this would mean that she would have to move to Pretoria, which neither of us want.

I have a business in Cape Town, and if we were to get married, would they still be able to force her to move to Pretoria? Are there any laws governing this?
 
I'm afraid you are kind of tied on this one. This bursary sounds conditional on her having to do work after her studies in Pretoria (amongst other things) but surely there's a finite duration of compulsory work that she must complete? After that she should be free to quit and move back.

A lot of companies use Bursaries as a means to recruit new talent. And that means that they want to get their moneys worth when you sign up for them

I'm very sorry you must be kind of distraught and stressed she is your loved one after all.

But dont take my word for it call the CSIR offices (in Rosebank I think) or even better go there in person.
 
There tends to be an escape claus along the lines of "Pay back everything we paid you, plus interest if we feel like it". Give them a call and ask what the situation is.
 
Cant she just transfer to a CSIR branch in Cape Town? Or is each CSIR branch one occupation spesific?
 
There tends to be an escape claus along the lines of "Pay back everything we paid you, plus interest if
we feel like it". Give them a call and ask what the situation is.

+1
 
You guys should have the option of paying back the value bursary if she chooses not to work for CSIR.
 
Are there any laws governing this?

She signed a binding contract. They delivered on the contract by paying for her studies, now she has to uphold her part of the deal which see agreed to.

She might be able to pay the costs back or get someone else to buy her out.
 
Thanks for the tips, hoping we can buy her out if possible.



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Thanks for the tips, hoping we can buy her out if possible.
You can offer to pay it off over the same contractual period.

Example: Studied for 4 years and owe R100 000.

Offer 1: R100 000 / 48 months = R2083.33 per month

Offer 2: R100 000 / 60 months = R1666.66 per month

Offer 3: Plead poverty and offer to pay back R500 per month until your financial situation stabilizes.
 
In this case, it is a two year Masters worth about R170k.

Would they charge interest?

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Interest will kick in even if you don't renege and decide to pay it off over a period
Not in my experience. If the student makes early arrangements to pay most companies do not add interest. It's when the student defaults or "disappears" that companies add interest.
 
Work for a year and then check options. Most people would kill for a bursary like that. Don't abuse it.
 
What if they don't have a job available?

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In some cases the company then has to pay you out the Salary for x years, a friend of mine got an electrical Engineering bursary at Eskom during the transition years, when he eventually finished his degree they reserved that spot for a BEE candidate, so they paid him a full 3 year's salary out. He bought his first house with that big cheque,
 
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