Nedbank Bursaries in South Africa
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We’re always looking to help others be the difference. The Nedbank External Bursary programme assists by supporting financially deserving students with great academic potential to take their first steps in achieving their dreams and obtaining their first undergraduate degree. The Nedbank External Bursary programme aims to fund academically deserving students who do not have the financial means to study full-time towards a first undergraduate degree or diploma at a South African public university or university of technology. Bursaries are awarded to address scarce and future skill requirements in South Africa broadly, as well as with specific focus on the financial sector.
Nedbank Bursary Programme In South Africa 2021
Criteria for selection
1. We will consider applications from South African citizens only.
2. You must have a proven financial need, as determined by household income.
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3. Past academic results.
3.1 A minimum academic average of 65% in the year that you are applying for the Nedbank bursary, i.e. in Grade 12 or at university level.
3.2 A minimum academic average of 65% for the required subjects aligned to the qualification you plan to study at university.
4. We will not consider applicants who complete their Grade 12 or senior certificate with mathematics literacy.
5. You must have successfully obtained admission approval to a South African public university or university of technology for the undergraduate qualification you plan to study.
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The application process is specifically designed to ensure that the right students are selected for this programme. Here are a few pointers on how we select our candidates:
- We accept applications online via the relevant link provided. Incomplete applications will be rejected.
- We screen bursary applications against the Nedbank external bursary selection criteria to shortlist applicants.
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The parents and legal guardians of shortlisted applicants will be requested to do the following:
- Provide written consent that they understand that personal information will be requested and given to third parties who will assist the trust with verifying income.
- Complete an income and expenditure statement for the combined family income.
- Provide certified copies of the following within seven working days, in a single batch:
- Identity documents.
- Certified or official copy of recent payslip, letter of employment, not older than three months, for each parent or guardian.
- Proof of income, bond statement and council rates accounts (not older than three months) if parents or guardians are informal traders or hawkers.
- IRP5, IT3 and IT12 (past two years) if parents and guardians are earning commission.
- Copy of an official pension slip or bank statement if parent or guardian receives income such as pension / grant / maintenance / rental / interest from investment (not older than three months).
- Copies of divorce certificates, where applicable.
- Copies of death certificates, where applicable.
On completion of the document review process, shortlisted applicants will be requested to do the following:
- Participate in psychometric and other assessments.
- Attend an interview.
When screening process is completed, the applications of eligible students, together with their screening results, are presented to the Nedbank Education Trust for review. Bursaries are awarded at the sole discretion of the trust.
We will give feedback about applications to all applicants when the process is completed.
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What you need to apply
There are a few documents that we’ll need to get the application process started.
1. A certified copy of your South African identity document.
2. Your most recent academic transcript.
2.1 Grade 11 end of year results, as well as your mid-year results if you are currently in Grade 12.
2.2 Grade 12 end of year results, as well as your mid-year results if you are currently in your first year of university.
2.3 Your last academic year result as well as your current mid-year results if you are currently in your second or third year of university.
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