Recognising the vital role of fostering positive change in the lives of its students and the wider community, CPUT recently launched the Chancellor's Fund to empower needy students to pursue their education free from financial worries.
This initiative was unveiled at a heartfelt gourmet dinner, complemented by entertainment that created an unforgettable experience for all. Held at the Cape Town Hotel School, the event gathered notable guests, including members of the university executive, Council members, staff, students, alumni, and key external stakeholders like donors and industry partners. The Chancellor, Thandi Modise, delivered an inspiring keynote address. Additional speakers included the Vice-Chancellor, Prof Chris Nhlapo, Prof Driekie Hay-Swemmer, Executive Director in the Office of the Vice-Chancellor, and alumni who shared moving testimonies about how donor support transformed their lives. Each of these individuals has played a crucial role in shaping CPUT into the esteemed institution it is today.
The Chancellor's Fund was launched as a bold initiative to inspire philanthropic support for expanding access to quality higher education at CPUT. Its primary mission is to raise funds for academically deserving and financially needy students, especially those burdened with legacy debt owed to the University. “The broader goal is to promote inclusivity, academic excellence, and innovation by increasing stakeholder investment in the future of our students,” said Advancement Department Director Mandla Maseko.
The theme for the evening was "Towards 20 Years: Celebrating the Creation of Futures." Vice-Chancellor Prof Chris Nhlapo noted that the growth and success of CPUT would not have been possible without the significant contributions of dedicated donors, many of whom have supported the institution since its inception. He acknowledged several "honourable" donors, including Asset, the Mauerberger Foundation, EJ Lombardi Trust, Albert Wessels Trust, Garden Cities, and the Abe Bailey Trust. Additionally, Nhlapo highlighted that approximately 3 000 students receive Work Integrated Learning (WIL) stipends while placed in industry, emphasising that WIL remains central to CPUT's employability strategy and its commitment to providing practical, career-oriented education. “
The vice-chancellor highlighted that CPUT boasts 167814 alumni, many of whom are leaders in business, government, education, and civil society. These accomplished individuals embody CPUT’s global reach and the enduring impact of its education. The alumni's commitment to supporting the university through annual funds, major gifts, bequests, and online donations showcases their dedication. Yet, he recognised that, as formidable as CPUT is, challenges remain on the journey ahead. “Over 80% of our 38 500 students rely on NSFAS funding. The economic challenges are immense and growing. In a first for the university, we are launching The Chancellor’s Fund. We thank our Chancellor for seeing the vision for the fund and supporting it.
“The Chancellor’s Fund seeks to address a specific issue plaguing modern students and higher education institutions. Student debt does not just choke the potential of every student exiting university, but also those entering it. With large student debts, these young people are unable to fully flourish in their fledgling careers.
The university must strengthen and expand its donor support network and find innovative funding solutions to solve this problem.”
The former National Assembly Speaker, Modise, expressed a heartfelt belief that CPUT has the potential to be a driving force for the growth of South Africa. She said: “I believe that without pushing a university into business identification of the needs pushing for the right skills to be there, making sure that when they are on your campus, they are children of South Africa and nothing else. That will be a seed that we need, that will be a seed that will grow this country into levels that we want to see.” Addressing the donors, Modise said: “We thank you. In the difficult economic years, the last four, five years have not been good; we can’t say we don’t appreciate every cent that you have spent to make sure that people who have nothing, people who are desperate, find themselves behind the desk somewhere find support, we thank you for that… I want to say that for me, it has been a learning curve to be with CPUT…Therefore, my pride in being associated with you knows no boundaries.”
Maseko shared that while no formal target has been established yet, with this being the Chancellor’s inaugural engagement with donors, an annual fundraising goal of R10 million has the potential to make a remarkable difference in the lives of CPUT students. “This is based on the growing demand for students who do not have NSFAS and are graduating with debt. The fund will seek contributions through corporate partnerships, alumni networks, and a broader donor outreach strategy.”
Written by Aphiwe Boyce
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