Nedbank Bursary _ is one of the bursary initiatives in South Africa looking to finance talented students through tertiary education.
Beneficiaries can continue their education at the designated public universities and universities of technology in the country. The program will curb the skilled labor deficits in all employment strata in South Africa in the long run.
The current program is overseen by Nedbank, one of South Africa’s four largest banks.
Collaborating with the South African Development Community, Nedbank branch operations are now domiciled in Lesotho, Swaziland, Zimbabwe, Namibia, and Malawi, buoyed by R90 billion market cap.
So far, Nedbank captures the essence of changing the structure and brand of an entity while retaining its core values. As a bursary, it will revamp the supportive financial framework in practice to subsidize the cost of university education for South Africans.
The entrenched Nedbank Bursary goals are addressed thus:
“The aim of the bursary program is to address South Africa’s scarce-skills shortages, with a specific focus on green economy skills.”
Moreover, the project is a green economy extension, prioritizing environmental, economic, and social wellbeing. Students will work towards achieving these ideals and reaching the zero-carbon emission threshold.
Ultimately, Nedbank Bursary attempts to leverage education to reduce waste-inducing processes while creating natural capital. Apply for a Nedbank Bursary fund before the closing date!
Read on below for details.
Nedbank Bursary: Eligibility Criteria
Note: the bursary is available to South Africans only. The following criteria also apply.
- The applicants must ensure to obtain admission to a South African university of technology or public university.
- Applicants must provide evidence of financial need (verifiable from daily household subsistence).
- People with Grade 12 or Senior Certificate (even with Mathematical Literacy) are not eligible for the bursary.
Moreover, the required academic criteria include _
At least sixty-five percent (65%) obtained in the year of bursary application (typically at university-entry level)
Also, you will have to make sixty-five percent (65%) per indicated subject relevant to the course you apply for in South Africa.
Post-submission screening will discount applications like the ones described below.
- Applications submitted through any link other than the one provided by Nedbank.co.za.
- The criteria will determine which applications make the shortlist ultimately.
- Badly drafted and incomplete applications are inadmissible.
Check the Nedbank Bursary required documents listed in the following section.
Required Documents for the Bursary Application
The document part involves a two-fold process, which requires legal documents from the applicant’s parents or guardians, who will have to provide the following _
- Consent (in writing) to the Nedbank Bursary screening process acknowledging that it may demand personal information, including the use of a third party;
- Verifiable income and expenses details covering the household needs of the applicants;
- Applicants from low-income homes (petty traders and hawkers) will have to provide valid copies of ID, letter of employment, evidence of income, housing loan, city/town rates, and recent tax slips;
- Bank statements (covering the last three months before application) or pension slip if available;
- IRP5, IT3, and IT12 covering earned commissions for the last two years;
- The above requirements will not be provided in installments but in one batch.
Further, the applicant will have to go through psychometric assessment (or equivalents), including online interviews.
Upon completing the screening, the applicant will have to submit the results, application form, and any supportive document to Nedbank Educational Trust.
Ultimately, the Trust determines who gets the Nedbank Bursary after a detailed review. Do not duplicate your application to double your chances of making the shortlist since it could disqualify you from the process.
See how to Apply for the Nedbank Bursary below.
How to Apply
Go to the official Nedbank.co.za website for an application link. Ensure you do not apply through a different link to avoid disqualification.
See the Official Site _ LINK.