BANKSETA Bursary South Africa 2025-2026
BANKSETA provides bursaries for students through partnerships with public universities. These bursaries cover tuition, textbooks, accommodation (both on and off-campus), and other related costs such as meal allowances and tutorial fees. The aim is to support students in fields that are critical to the banking industry.
Fields of Study Covered
The bursaries are awarded to students pursuing degrees in the following fields, which are identified as scarce and critical skills in the banking industry:
- Actuarial Science (Accounting)
- Bachelor of Science (IT)
- Bachelor of Commerce (IT)
- Bachelor of Commerce (Finance, Economics, Financial Markets, or Financial Modelling streams)
- Bachelor of Commerce (Accounting)
Application and Selection Process
- University Role: BANKSETA does not recruit learners directly. Instead, each university selects students based on criteria set by both the university and BANKSETA.
- Funding Coverage: The bursary covers full tuition fees, meal allowances, book fees, accommodation costs, and other necessary expenses such as tutorial costs.
- University Selection Criteria: Each university has its criteria for selecting bursary recipients, adhering to BANKSETA’s minimum requirements.
Contact Information
For any queries regarding the BANKSETA bursary, contact:
- Busisiwe B: BusisiweB@bankseta.org.za
Skills for the Future Project
Funding Window
BANKSETA has opened the funding window for the Skills for the Future project. This project is aimed at public universities and universities of technology and is focused on supporting economically disadvantaged Grade 12 scholars in rural communities of Limpopo and Eastern Cape.
Application Process
- Submission: Applications should be submitted to Nobuzwe M at Nobuzwem@bankseta.org.za and Busisiwe N at Busisiwen@bankseta.org.za.
- Deadline: Applications must be submitted before the closing date. Late applications will not be considered.
- Format: All application forms and documents should be in PDF format.
Programme Requirements
- Eligibility: Only public universities or universities of technology can apply.
- Programmes Must Include:
- Digital Literacy Programme incorporating ICT skills
- Work Readiness Programme
- Career Counselling Programme for economically disadvantaged Grade 12 scholars in Limpopo and Eastern Cape.
Evaluation Criteria
- Ability to Deliver: 30%
- Content of Programme and Implementation Strategy: 30%
- Learner Support including Learning Aids and Exit Strategy: 40%
Required Documents
- Annexure A: Discretionary Grant Funding Window Guidelines 2020
- Annexure B: Skills for Future Funding Window Instructions
- Annexure C: Application Form SFF
For detailed guidelines and application instructions, refer to the provided annexures.
By following these guidelines and ensuring all required documents and information are accurately provided, applicants can increase their chances of securing funding from BANKSETA for their studies.
