Standard Bank launches crowd funding platform for students

Standard bank has launched the Feenix Trust, a crowd funding initiative for students to help raise money for their tertiary education.

Anyone can donate, from a minimum of R100.

Jayshree Naidoo is the Interim CEO of Feenix Trust & Head of Standard Bank says university activation will kick off this month.

You go to the platform, you will see hundreds of student's stories, and you decide whether you want to contribute R100 or anything up to the amount owing to their fees.

Jayshree Naidoo, Interim CEO of Feenix Trust & Head of Standard Bank

This platform helps to gather funding from a crowd, but also helps corporates to use their triple BEE spend or their SED spend that is being under utilised at the moment.

Jayshree Naidoo, Interim CEO of Feenix Trust & Head of Standard Bank

Click on the link below to listen to the full audio...


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
No certainty if strange stone originates from outside the solar system

No certainty if strange stone originates from outside the solar system

In 2013 researchers announced the 'Hypatia' stone found in the south-west of Egypt, was most certainly not from Earth.

[LISTEN] ANC's proposed land expropriation explained

[LISTEN] ANC's proposed land expropriation explained

The Institute of Race Relations explains the confusion around the proposed amendment to Section 25 and how this affects property.

State Capture inquiry could be 'never-ending' if broadened - Karima Brown

State Capture inquiry could be 'never-ending' if broadened - Karima Brown

Public Protector Busisiwe Mkhwebane has called for a broadening of the scope of the investigation into state capture.

NSFAS funding applications below expectations

NSFAS funding applications below expectations

NSFAS calls for students to apply for financial aid for next year.

Students must give Fees Commission a chance - Blade Nzimande

Students must give Fees Commission a chance - Blade Nzimande

Higher Education Minister says education stakeholders forum condemned violence and said universities must resume at once.

Student funding scheme investigates fraud & Union threatens a Telkom strike

Student funding scheme investigates fraud & Union threatens a Telkom strike

Midday Report - Where you won't miss a thing

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

Trump confirms his first visit to Africa

Trump confirms his first visit to Africa

United States President Donald Trump has disclosed his first stop on an African visit.

Art deco buildings make Springs an architectural tourism destination

Art deco buildings make Springs an architectural tourism destination

The style of visual arts architecture has become part of a few impromptu tours by Jeffrey Cole in the underrated East Rand.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.

How much should you be paying your domestic worker?

How much should you be paying your domestic worker?

A new online tool has been developed to put what you pay your domestic worker into perspective.