Nedbank is one of South Africa’s financial institutions that is committed to empowering young leaders by funding their academic aspirations.
Through the Nedbank External Bursary Programme, the organization helps academically deserving students pursue undergraduate and honors qualifications at South African public universities and universities of technology.
This initiative not only supports education but also addresses South Africa’s scarce skills shortages, with a focus on Science, Technology, Engineering, Mathematics (STEM), and green economy disciplines.
If you’re eager to make a positive impact in your chosen field and need financial support for your studies, here’s all you need to know about the Nedbank Bursary.
What is the Nedbank Bursary Programme?
At the heart of Nedbank’s bursary program is its mission to foster economic, social, and environmental well-being in South Africa.
The bursary primarily supports fields aligned with the green economy, which aims to improve human well-being, promote social equity, and reduce environmental risks.
Key green economy skills include reducing carbon emissions, increasing energy efficiency, and enhancing natural capital.
This programme is more than just financial aid, it’s a gateway to a sustainable future, fostering innovation in STEM and green economy sectors.
Key Criteria for Eligibility
To qualify for the Nedbank Bursary, you must meet the following criteria:
- Applicants must be South African citizens.
- Demonstrated financial need is essential, verified by household income.
- Academic Excellence:
- Achieve a minimum of 65% average in the year you are applying for the bursary (Grade 12 or university).
- Attain a 65% average in the required subjects related to your intended field of study.
- Mathematics Literacy is not accepted; only standard Mathematics is considered.
- Applicants must secure admission to a South African public university or university of technology for their intended Undergraduate or Honours qualification.
How to Apply for the Nedbank Bursary
The application process for the Nedbank Bursary is simple and entirely online.
Follow these steps to ensure your application is complete:
Step 1: Gather the Required Documents
Ensure you have the following documents ready:
- Certified copy of your South African ID.
- Recent academic transcripts:
- Grade 11 and mid-year Grade 12 results (if in Grade 12).
- Grade 12 final results and first-year university results (if in first year).
- Most recent university academic records (if already at university).
- Financial Checks Affidavit signed by:
- Your parent(s) or guardian(s).
- Yourself as the bursary applicant.
Download the affidavit here and ensure it is completed and signed.
Step 2: Submit Your Application Online
Applications are only accepted via the official Nedbank bursary application portal.
Incomplete or late applications will be disqualified.
When asked how you heard about the bursary, enter: “www.bursariesmzansi.co.za”.
Step 3: Additional Documentation for Shortlisted Applicants
If shortlisted, you will need to submit the following within seven working days:
- Written consent for income verification.
- Completed income and expenditure statement for your household.
- Certified copies of:
- ID documents of all income-earning members of the household.
- Most recent payslips or proof of income.
- IRP5, IT3, or IT12 forms (if applicable).
- Latest three months’ bank statements for parents, guardians, and yourself.
Shortlisted candidates will also undergo psychometric assessments and virtual interviews.
Deadlines and Application Period
You have to monitor the bursary’s official announcements for application opening and closing dates.
Applications for 2025 are currently closed.
Be sure to prepare your documents in advance for the next cycle and stay updated by regularly visiting the Nedbank website.
Contact Information
For assistance or inquiries regarding the Nedbank Bursary, you can contact:
- Email: Unlockyourambition@nedbank.co.za
Nedbank’s bursary team is ready to support you through the application process and help you take the first step toward achieving your academic dreams.