SANZAF, a faith-based, socio-welfare and educational organisation, is reportedly the biggest of its kind in the Southern Hemisphere.
The latest funding is part of its Western Province chapter's allocation of R3 718 839 to support 384 students at the province's higher education institutions.
These include the Cape Town University of Technology, the University of Stellenbosch, the University of the Western Cape, and the Islamic Peace College of South Africa.
SANZAF's 2014 national spend on bursaries is R15.5 million, which will assist more than 1 000 students. In 2013, 550 students benefited nationally from the bursary programme of close to R10 million.
SANZAF Western Cape administrator, Moulana Sarfaraaz Hamza, said: "We recognise that education plays an important role in determining labour market prospects and as an organisation we have made a concerted effort to be responsive to the needs within communities."
UCT has enjoyed a long association with the organisation, which was established in 1974 and is now celebrating its 40th anniversary.
Western Cape Chairperson Moulana Hassim Cassiem said: "The SANZAF projects and programmes are designed to develop those who are marginalised in the community and at the same time, build a more dynamic society."
Executive director of UCT's Development and Alumni Department, Dr Russell Ally, said: "Bursary programs like these make it possible for UCT to offer educational opportunities to students in financial need which not only changes their futures, but also that of their families and communities.
"We remain deeply indebted to SANZAF for this ongoing support."
Story by Helen Swingler. Image by Michael Hammond.
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