About OpportunityBursary image Nedbank
The following are some of the questions we’ll ask when considering your application for a bursary:
Are you a South African citizen?
Do you contribute to Nedbank’s transformation targets?
Have you achieved enough academically? Specifically, have you earned at least a 65% average pass mark, while also meeting all of the registration criteria of a South African public university or university of technology?
Where do you score on a financial means test?
Does the degree you are applying for meet a scarce skill that we’ve identified at Nedbank or for the greater good of South Africa?
Frequently Asked Questions
Q: I wish to study at private institution, do I qualify for the Bursary?
A: The bursary only funds undergraduate degrees or diploma at a South African public university or university of technology.
Q: I plan to study for two qualifications at two institutions at the same time, can I be funded for both?
A: Students can only be funded for one undergraduate degree or diploma.
Q: I already have already completed a university qualification but would like to enroll for a second one in a different field, would I qualify for the bursary?
A: Students can only be funded for their first undergraduate degree or diploma.
Q: I already have a bursary from another organisation that covers part of my studies, can I apply for the Bursary to cover the rest and use the two bursaries concurrently?
A: No, the Nedbank bursary is a comprehensive bursary, thus you may only be funded by the Nedbank bursary if chosen.
Q: If a student owes money to the university, will the Nedbank Bursary help at all with that debt? If so, how?
A: The bursary will only pay outstanding fees to the university of students from the year they are admitted onto the bursary.
Q: Does the Bursary fund international/ foreign students?
A: Applications are open to students who are South African Citizens.
Q: Who can apply for the Nedbank Bursary?
Only applications from South African citizens will be considered.
- Applicants must have a proven financial need.
- Past academic results including future potential
- A minimum academic average of 65% in the year that you are applying, i.e. grade 12 or university level.
- A minimum academic average of 65% for the subjects you plan to study at university.
- Applicants studying Mathematics Literacy will not be considered.
Successful admission approval to a South African public university or university of technology for an undergraduate qualification.
Q: Does the bursary fund postgraduate studies?
A: No, the bursary only funds students to obtain their first undergraduate degree.
Q: What documentation do I need to apply for the bursary?
A: Valid South African Identity Document & Most recent academic transcript.
Documents required for shortlisted applicants:
- Proof of income of parents/guardians, i.e. payslips.
- Social Grant advices.
- Affidavit in the case of unemployment.
- Income and expenditure statement of parents/guardians.
- Death certificate of parent(s), if applicable.
- Divorce certificate of parent(s), if applicable.
What expenses does the Nedbank Bursary Cover?
- Full time tuition
- Prescribed textbooks
- Monthly Stipend
- Accommodation (10 months of the academic year excluding the deposit) *
- Meals *
Note: *Accommodation and meals – approval dependant on the Education Trust.
Q: Do I have to repay Nedbank for the bursary?
A: No, the Bursary is a CSI initiative.
Q: Will I be required to work for Nedbank after I graduate?
A: No, the Bursary is a CSI initiative, however you may apply for a Graduate Programme at Nedbank after you have graduated.
Q: What type of qualifications does the Nedbank Bursary sponsor?
A: Bursaries are awarded to address future skill requirements in the financial sector as well as for South Africa.
To find out more you can e-mail: [email protected]
Click here to download application form
- Fields of Study:Commerce