In this task, you are given a sentence or phrase in Xhosa. You must translate it to English in a way that is equivalent in terms of meaning and grammatically correct.

Olu ncedo-mali kungawongwa ngalo rhoqo ngonyaka ngabalawuli beNgxowa-mali kubantwana abaxhomekeke kumalungu ukwenzela ukuba bakwazi ukufunda koomayunivesithi/theknikon.
Grants may be awarded annually by the management of the Fund to dependant children of members for the purpose of tertiary education.