External Bursaries / Bank Loans

External Bursaries

Our goal is to facilitate access to external donors and to assist students with the sound management of their financial resources.

Points to remember

  • Make enquiries early in the year.
  • Apply to as many donors as possible.
  • Check closing dates – many donors and sponsors will not accept late applications.
  • If you are unable to obtain financial aid, you are advised to postpone plans to attend university until you have sufficient funds.
  • You must apply directly to outside organisations for full particulars and application forms for bursaries, scholarships and loans offered by outside organisations, which have no contract commitments.

Wits DOES NOT have the application forms for the awards listed in this section.

As External Bursaries we:

  • administer the External donors and its different components, which include, among others, SASOL Bursaries, Eskom Bursary, Vodacom Bursary;
  • administer all governmental bursaries and scholarships both national and provincial


Regular Consultation Hours:
Monday to Friday: 8:30 – 16:00

For more information contact:

Student Liaison Officer
Mr Premesh Shinol
Tel: (011) 717 1077
email: premesh.shinol@wits.ac.za

Bank Loans

Most major banking intuitions offer student loans at attractive interest rates. Interest rates may decrease for consecutive years of study. Normally bank loans cover the duration of study and are repaid once you start working or once you have graduated. Some banks offer a grace period to students who are completinginternships, articles or community service. In most instances you are required to repay the interest while still studying.
Sometimes surety / security is required, which means that a relative, friend or sponsor must guarantee to repay the loan if you fail to do so.

Visit your local bank to find out what products they offer students.

Here are some contacts details:
http://absa.co.za/Absacoza/Individual/Borrowing/Finance-your-Studies or tel: 0860 100 372
www.nedbank.co.za or tel: 0860 115 060
www.standardbank.co.za or tel: 0860 123 456
www.eduloan.co.za or tel: 0860 5555 44
https://www.fnb.co.za/students/life-start-student-loan.html or tel:  0861 40 40 40


Source: www.wits.ac.za/


Accounting Bursaries

Old Mutual is the largest and most well-established financial services provider in Southern Africa. Our proud heritage and prominent position in the industry is reflected in our operational strength and performance (across all our business interests), our robust balance sheet, powerful financial flexibility (with access to international capital markets) and our diversity of business. Read more about Old Mutual .

Well-trained, qualified accountants contribute significantly to the success of Old Mutual and South Africa. That’s why we offer bursaries to the best young financial minds, to people who are passionate about pursuing a career in Chartered Accounting and making a real difference!

Old Mutual Accountancy Bursaries cover:

  • The full costs of tuition at University of Cape Town (UCT).
  • Residence fees and one annual return flight home for students who are not studying in their hometown.
  • Vacation work.
  • The better the quality of your degree the more incentives you will be offered.
  • Book and general allowance.

You need a matric with at least 70% or Level 6 for all subjects including Mathematics (not Maths Literacy) and English.

You also need to commit to our CA Training Programme after which you will work for Old Mutual for a specified period of time. Please apply timeously for admission to the university.






Applications close on 30 May 2015.

Tel: +27 (0)21 509 2656 or +27 (0)21 504 7285.


Source: www.oldmutual.co.za/

South African Reserve Bank Bursary 2014

We are no longer updating this website with bursary information or internships, please go to www.bursaryguide.com for all your BURSARIES, SCHOLARSHIPS, FELLOWSHIPS & INTERNSHIPS.


The South African Reserve Bank bursary scheme

SARB1. Purpose of the bursary scheme
The South African Reserve Bank (the Bank), as part of addressing the severe shortage of skills in South Africa, provides bursaries to students in relevant fields of study who are from disadvantaged backgrounds.
The purpose of the bursary scheme is to assist financially needy students who obtain good results in Matric/Grade 12 and who want to study in fields relevant to the Bank.
The bursary is intended for undergraduate studies at a South African university on a full-time basis.

2. Studies for which bursaries will be granted
The studies that students intend to pursue shall have a bearing on, and be applicable to, the functions and activities of the Bank. (For more information on the Bank, visit the Bank’s website: www.reservebank.co.za). This includes, for example, Economics, Information Technology, Finance, Law and Accounting, and excludes, for example, Medicine, Dentistry and Social Work.
A bursary will be granted from the first academic year and reviewed annually
Bursary holders need not reapply for the bursary each year.

3. Criteria for awarding bursaries
Over and above the criteria set out in paragraphs 1 to 3 above, the following will be used as guidelines in the awarding of bursaries:

· Bursaries will be awarded to students who obtain 60 per cent in the June Matric/Grade 12 examinations. Final awarding of a Bank bursary is subject to a student’s final Matric/Grade 12 results and enrolment acceptance at a South African university.
· Bursaries will be awarded to South African citizens only.
· The total number of students and related bursary costs will be reviewed annually.
· An annual one-off payment for books, accommodation (university accommodation only) and tuition fees will be made to a student.

4. Post-bursary obligations
The Bank will have first right of refusal with regard to funded students, that is, bursary holders will be obliged to work for the Bank for a period equal to their bursary period, unless the Bank chooses not to employ them.
Students who choose not to work for the Bank despite the Bank offering them a position after completing their studies will be required to pay the full cost of the bursary back to the Bank.
The Bank will provide students who are Bank bursary holders vacation work opportunities that are funded by the Bank.

5. How to apply
The closing date for submission of applications shall be 30 September of each year.
Examination results, university enrolment form (student number) and any other supporting documents must be submitted with the application form.

Completed application forms must be emailed to:

Or posted to:
Ms Vinessa Naidoo
Human Resources Department
South African Reserve Bank
370 Church Street

6. Submission of examination results by bursary holders
Bursary holders will be required to submit their examination results before 31 December of each year, regardless of whether or not they will be awarded a bursary for the following year.

7. Bursary agreement
Potential bursary students will be required to avail themselves to be interviewed and to be tested.
Successful applicants(s) for the bursary will be expected to sign an agreement with the Bank.


Applications for the 2014 intake of the Investec Bursary are now open until 31 September 2013

Investec is offering partial bursaries for the 2014 academic year to students who aim to study full time towards an undergraduate university degree in:

  • Commerce (Economics, Business Economics, Accounting, Investments and Finance)
  • BCom Informatics
  • BSc Computer Science
  • BSc Information Technology
  • BIT-Bachelors of Information Technology
  • BIS-Bachelor of Information Science
  • Business Science
  • Science and Mathematics
  • Engineering
  • Commercial LLB

These degrees represent fields of relevance to the financial services and other key industries. The main criteria for the selection of applications are financial need and academic potential.

Applications are open to:

  • All young SA citizens with academic potential who are in need of financial assistance
  • Pupils holding or working towards a matric exemption with a minimum of 60% in English and Mathematics (not Maths Literacy) and a 50% pass rate in all other subjects
  • Students who wrote matric (Grade 12) prior to 2008 should have a minimum of 60% in Maths (HG) and English (HG)

This opportunity allows successful candidates to access funding:
Investec contributes a partial bursary of R70 000 per year towards study-related expenses. To cover any shortfall, applicants are thus advised to also apply through the Financial Aid Office of their university of choice for a study loan from the National Student Financial Scheme (NSFAS).

Why apply for an Investec bursary?
We have a vested interest in developing well rounded individuals and in ensuring graduates are employable. While a bursary provides financial assistance, our programmes help with the transition from high school to tertiary and with the challenges associated with the job search.

All Investec bursary recipients are mentored by Investec employees. Mentors provide academic guidance and social support to students as they navigate the challenges of their tertiary career.

Work readiness
Investec bursary students have the opportunity of attending a work readiness programme during their third or Honors year of study. This is a week- long boot camp at Investec Sandton to help students gain important skills to become employable graduates.

more information @ http://www.investec.co.za/about-investec/sustainability/people/people-south-africa/education-as-a-focus-area/tertiary-level/bursary.html

MasterCard Scholarship for Africans 2014

MasterCard Foundation Scholarship Program for Africans
Brief description:
The vision of The MasterCard Foundation Scholars Program is to educate and develop academically qualified yet economically disadvantaged young people in Africa who will contribute to the transformation of the continent. This $500 million program will provide students in secondary school and university with the knowledge and leadership skills needed to contribute to economic and social progress across Africa.

Host Institution(s):

The following universities/institutions were selected for their commitment to academic excellence, nurturing environments, and programs relevant to growth sectors in Africa, such as manufacturing, telecommunications, banking, and agriculture:

– African Leadership Academy, South Africa
– Ashesi University, Ghana
– American University of Beirut, USA
– Arizona State University, USA
– Duke University, USA
– Earth University, Costa Rica
– Michigan State University, USA
– Stanford University, USA
– Wellesley College, USA
– University of California, Berkeley, USA

Field(s) of study:
Approved fields of studies offered by participating Universities/Institutions. See the MasterCard Foundation Scholarship pages of the Universities/Institutions above.

Number of Scholarships:
The Scholarship Programs aims to give out $500 million worth of scholarships to 15,000 African students in 10 years.

Target group:
Citizens of Sub-Saharan Africans

Scholarship value/inclusions:

The MasterCard Foundation Scholars Program is designed to provide students with holistic support, including:

Comprehensive Scholarships:Students receive financial support for fees, uniforms, books and supplies, transportation, accommodation, and stipends.
21st Century Skill Building: Students benefit from enrichment in skill areas relevant to employment success, such as critical thinking, communications, and entrepreneurship.
Transition Support: Students will receive support during their transition into secondary school, university or the workforce with mentoring, career counseling, internships, leadership development, and other life skills coaching.
Give-back Component: An integral component of the Program is the commitment from the Scholars to give back to their communities and countries of origin. Students will demonstrate this commitment through volunteerism and community service, as well as other forms of experiential learning.
Alumni Network: Graduates of the Scholars Program will be connected through an alumni network that offers information, resources, and opportunities to consult with other graduates.


Please check the specific eligibility criteria of the host institution/university you are interested in.

Application instructions:

Applications must be made directly to the participating university/institution of your choice. Deadline varies but is around February-July 2013 this year.


Lloyds Scholarship Programme 2014

Lloyds Scholarship programme


The University of Birmingham is proud to announce its involvement in the award-winning Lloyds Scholars programme for the upcoming 2013/14 academic year. Along with seven other leading universities across the UK, the University of Birmingham will partner with the Lloyds Banking Group to offer students from lower household incomes a complete package of financial support, paid internships and the opportunity to develop their employability skills.

Am I eligible?

In order to apply to the Lloyds Scholars programme you must:

  • be a UK resident or an EU student currently residing in the UK
  • have a confirmed offer of a place to study at the University of Birmingham, having made the University your first-choice
  • be commencing the first year of a full-time three or four year undergraduate degree in 2013/14
  • have an assessed household income of less than £25,000

What does the Lloyds Scholars programme offer?

If you are successful in becoming a Lloyds Scholar, you will receive a full package of support, which will include:

  • annual bursaries to help with living costs and study materials
  • performance-related cash awards each year for good grades
  • end of course excellence awards for top scholars when you graduate
  • real, hands-on work experience on paid summer internships
  • access to advice and support from a dedicated mentor
  • training and development opportunities

What will be expected of me as a Lloyds Scholar?

In return for the many benefits of being a Lloyds Scholar, you will be expected to fulfil certain roles during your time at the University that will have a positive effect on both future students and the local community:

  • Lloyds Scholars must complete at least 100 hours of volunteering in the community each year
  • Lloyds Scholars must champion to programme to future applicants by offering advice and support

How many places are available and how can I apply?

Fifteen places are available for first year students at the University of Birmingham for the 2013/14 academic year. To be considered as a potential Lloyds Scholar you must complete a series of tests, including an online numeracy test, a telephone interview and, if you are successful, an Assessment Centre.


Standard Bank School Leavers Bursary for 2013

Standard Bank School Leavers Bursary for 2013
Standard Bank is offering 20 Bursaries to South African School Leavers to pursue their
studies in 2013 at any of these four universities: University of the Witwatersrand,
University of Pretoria, University of Cape Town and Rhodes University.
The Bursary covers:
 Tuition
 Accommodation
 Meals
 Books
 An allowance will also be provided
The Student Equity and Talent Management Unit (SETMU) at the University of the Witwatersrand has
been requested by Standard Bank to identify high achieving Targeting Talent/Targeting Development
(TTP/TDP) learners who would like to pursue tertiary studies in 2013. In order to be considered,
applicants should:
 Be in the process of completing Grade 12
 Submit certified copies of matric preliminary results to SETMU
 Submit the completed bursary application form available via the SETMU website:
www.wits.ac.za/setmu (Click on the following link on the homepage in the news section Standard
Bank School Leavers Bursary)
Please send the completed bursary application form together with certified copies of matric
preliminary results to:
Attention: Ms Simangele Lekhuleni
Email: ttp.setmu@wits.ac.za
Please indicate in the subject line: Standard Bank School Leavers Bursary
Fax: 086 765 5778/011 717 8668
For further information, contact Simangele Lekhuleni via telephone 011 717 8685 or email
Closing Date for Bursary Applications is Wednesday 5 December 2012 at 4pm. Late Applications will not be considered.


FNB Bursary Information

FNB Approach

In line with the vision of being a great business helping to create a better world, First National Bank (FNB) views its role within the country as going way beyond that of a major player in the business environment. A big focus for many years has been on adopting initiatives that will make South Africa a better place for all.

A major element in achieving the goal of helping to create a better world is the work of the FNB Fund. The FNB Fund is a significant part of the FirstRand Foundation, which has a ten-year history of giving to the community. The Foundation focuses on the development and empowerment of the broader community through partnerships with best practice non-profit organisations nationwide.

A programmatic approach to giving was introduced in 2007 to streamline the Foundation’s focus areas. This approach has resulted in more well thought-out and meaningful giving as attention is directed to identified strategic focus areas. The new approach will ensure that we make a greater impact on our focus areas.

Focus Area 

The FNB Fund has identified education, early childhood development, hospice and community care programmes as the strategic areas of focus.


From foundation phase to tertiary education, our comprehensive investment in education enables the youth of South Africa to realise their potential and to be equipped to be able to contribute towards the economic development of their country.

Tertiary Bursary Programme

The Fund has identified a pressing need for greater access to tertiary education among financially deserving students who show strong academic potential. The Fund has therefore partnered with reputable bursary service providers to offer access to education, as well as providing extensive mentorship and support to the students.

The bursary programme focuses on the provision of funds for students studying commerce and science degrees. There is no work-back or pay-back condition on the bursaries; these funds are a pure investment by FNB towards developing future leaders.

Students need to contact the bursary service providers directly for more information on how to apply.


Mathematics and Science

The FNB Fund supports quality education at secondary school level, with a focus on Mathematics and Science, recognising the importance of these subjects in obtaining tertiary education qualifications needed by the country.

The objective of this initiative is to improve the performance of previously disadvantaged learners in Mathematics and Science, thus enabling them to study and qualify in disciplines such as medicine, engineering and actuarial science.

Early Childhood Development (ECD)

The FNB Fund recognises the link between an environment that facilitates the holistic development of children and growing healthy citizens. For this reason, the Fund is investing in increasing access to ECD sites and in strengthening and building capacity within the ECD sector.

Reputable non-governmental ECD organisations are partnered with to train ECD practitioners and increase the skills base in the sector. The Fund also facilitates knowledge sharing and skills transfer within the sector.


Absa BMI Bursary Programme

The Absa BMI Bursary Programme is a partnership between Absa and the Centre for Business Mathematics Informatics at the North West University (NWU). The purpose of the programme to ensure a constant talent supply of specialist risk graduates who will contribute to the improvement of the risk skills pool in Absa and also in South Africa.

Who should apply?
Candidates who are currently in Grade 12 or have completed Grade 12 and who intend to study at the Potchefstroom campus or Vaal Triangle campus of the NWU in 2014 for:

The five-year MSc degree in Business Mathematics and Informatics specialising in one of the following:
Quantitative Risk Management
Financial Mathematics
Data Mining / Business Analytics
Actuarial Science
The four-year BComHons degree in Risk Management
Qualifying criteria

Candidates must intend to study at NWU for one of the abovementioned degrees in 2014.
Candidate must be studying for a degree for the first time after Grade 12.
Candidates, currently in Grade12, must have obtained at least 70% for Mathematics (not Mathematical Literacy) during the June 2013 examinations.
Candidates, who have already completed Grade12, must have obtained at least a final B symbol or 70% in Mathematics (not Mathematical Literacy).
Candidates currently at university must be achieving 70% for individual subjects.
Candidates must have no criminal record.
Bursary terms and conditions

The following are some of the terms and conditions of the bursary:
Successful applicants who meet the requirements are awarded a conditional Absa bursary pending their acceptance by the NWU and final Grade 12 result.
Students are invited for an interview in January at the Vaal Triangle campus.
Each successful student will have to sign a formal contract with Absa in order to secure funding.
Awarded bursaries will be re-evaluated each year based on academic performance.
Successful applicants will be bound contractually to work at Absa after graduation for a period equal to the tenure of the bursary. Placements will be made according to the needs of the business.
The amount of the bursary awarded will depend on the NWU campus that the student is enrolled at and differs for undergraduate and postgraduate students. The amount awarded is sufficient to cover the normal expenses of tuition, books, residential fees and meals.
Students are expected to complete their qualification within the disciplines as agreed with Absa.
Students may be requested to participate in relevant project and skills training.
Absa will only fund one qualification at a time.
Bursars will be selected in line with the Absa Employment Equity strategy.
Short-listed candidates will be required to submit their final results for the current academic year by 15 January 2014.
How to apply

Application will be open from 15 July 2013 to 31 August 2013

Source: Absa

Absa Group Bursary Programme

This bursary programme helps Absa employ top talent and it also offers financial support to fulltime students studying towards one of the following qualifications:

Bachelor or postgraduate degree in:
Accounting (towards CA(SA) or CIMA or ACCA)
Actuarial Sciences
Mathematical Sciences
Risk or Investment management
Agricultural Sciences majoring in one of the following:
Animal science with Agricultural Economics
Soil science with Agricultural Economics
Horticulture with Agricultural Economics
Viticulture with Agricultural Economics
Agronomy with Agricultural Economics
Plant production with Agricultural Economics
Engineering (Industrial OR Financial OR Process)
Bursary terms and conditions

The following are some of the terms and conditions of the bursary:
Successful applicants who meet the requirements are awarded a conditional Absa bursary pending their final year result.
Each successful student will have to sign a formal contract with Absa in order to secure funding. Awarded bursaries will be re-evaluated each year based on academic performance.
Successful applicants will be bound contractually to work at Absa after graduation for a period equal to the tenure of the bursary. Placements will be made according to the needs of the business.
Students are expected to complete their qualification within the disciplines as agreed with Absa.
Students may be requested to participate in relevant project and skills training.
Absa will only fund one qualification at a time.
A selection of students will be made in line with the Absa Employment Equity strategy.
Short-listed candidates will be required to submit their final results for the current academic year by 15 January 2014.

Qualifying criteria for postgraduate and undergraduate university students:
Applicants must be studying full-time for the 2014 academic year at an accredited South African university towards one of the qualifications listed above.
Undergraduate or postgraduate students must have achieved a minimum average of 70% in the first semester of their degree studies for the 2013 academic year.
Applicants must not have a criminal record.

Qualifying criteria for 2013 matriculants:
Applicants must have achieved a minimum average of 80% for the June 2013 examinations.
Applicants must be studying full-time for the 2014 academic year at an accredited South African university.
Applicants must not have a criminal record.
How do I apply?

Applications will be open from 15 July 2013 to 31 August 2013.

Absa Bursary


We understand that the path leading to your goals of success and a fulfilling career is not always easy, which is why we offer you bursary assistance to help you reach your dreams. If you are keen to enter into the exciting world of finance – then apply for a bursary at Absa.

The Absa objective is to address critical skill needs within the financial services industry by affording dynamic, top-performing, full-time students the opportunity to complete their studies and potentially pursue a career in Absa.

Absa bursaries will be made available to students studying fulltime towards B degrees that will provide essential or identified skills within the Financial Services Industry. The ultimate aim of this process would be to offer deserving bursary holders a position within Absa once they complete their studies.

You may apply for an Absa bursary if:

  • You have not received any other bursary or assistance
  • You are pursuing a course of study in a discipline that will benefit the Banking Industry
  • You are registered at a recognised Tertiary Education Institution in South Africa
  • You are a Pan African citizen

What does the bursary include?
The bursary includes full tuition fees and will be paid out according to the annual bursary award and the individual’s needs. You will be assessed every year and if your performance is satisfactory, Absa will continue to sponsor you.

When will applications open and close?
The opening and closing date for applications will be published on this page closer to the time. Please check back periodically from mid April 2013

Read more on Bank SETA 

Nedbank Bursary Opportunities For 2014

Are you a grade 12 or current university student looking to further your studies next year? Do you believe that a better future is achievable but don’t have means to finance your studies?

Apply for a Nedbank bursary and join a vision-led, values-driven organization that is building Africa’s most admired bank.

Learners looking to apply for a Nedbank bursary must meet the following minimum requirements.
• Must be completing Grade 12 or have completed Grade 12
• Students already registered with a recognised university (i.e. currently in 1st, 2nd, 3rd, 4th year or
post-graduate study)
• Aggregate of 65%
• Must be in Financial need
• Must study full time at a registered university of the Council of Higher or university of technology

Our bursary programme can help you fulfil your future career aspirations if you intend studying in one of the following fields:
• Accounting and CA Studies
• Agricultural studies
• Economics
• Mathematics
• Property and related studies
• Statistics
• Actuarial Science
• Computer Science
• Quality Surveying
• Engineering
• Business Finance and Business Management
• Human Resources
• IT
• Risk Management
• Financial Planning
• Investment Management

Bursary allocations are aligned with Nedbank’s transformation objectives, and people with disabilities are encouraged to apply.
When applying, submit a copy of your Grade 11/12 or university results.

Kindly download, print, complete and sign the budget analysis form and ensure you email it to bursaries@nedbank.co.za. Only applications with a completed and signed budget analysis form will be considered.

The lessons and courses website is a public information website, bringing together a list of all the SETA’s in South Africa, Bursaries, Study Loans and Courses. Find SETA Bursaries here!

Read more on BankSETA