Awards for academic excellence MUT offers Matric Aggregate Awards to first-year students who achieved level 7 on any of their grade 12 subjects with the exception of Life Orientation which is considered to be a non-curriculum subject. The award may be used to finance your first-year studies at MUT. This award is administered by the Financial Aid office. Deans Commendation Award With the intent to acknowledge the excellent academic performance of students, MUT’s executive introduced the Deans’ Commendation Awards. The awards are offered to MUT students who achieve an aggregate of 75% or more in their exams. The incentive is a 100% remission of tuition fees. National Student Financial Aid Scheme (NSFAS) The scheme was established by the government to assist academically deserving students registered at tertiary institutions. Students who qualify for NSFAS receive loans of up to 40% which may be converted into a bursary at the end of the academic year should all courses be passed. Bursary Refers to grant of funds that are offered as an aid to financially needy and academically deserving students. Bursaries, unlike loans, are not repayable