Nedbank Bursary application for 2024 academic year
Nedbank Bursary application for the 2024 academic year
THE EXTERNAL BURSARY PROGRAMME From NEDBANK
Academically deserving individuals with demonstrated financial need are assisted in taking their first steps toward accomplishing their goals and earning their first college degree.
We at Nedbank believe in using our financial skills to help talented young leaders accomplish their academic goals.
The Nedbank External Bursary Programme (bursary) aims to support academically deserving students who do not have the financial wherewithal to study full-time at a South African public university or university of technology. The bursary program’s goal is to solve South Africa’s scarce-skills gaps, with a particular emphasis on green economy skills.
In a nutshell, the green economy fosters economic, environmental, and social well-being. Green-economy skills are those that focus on promoting human well-being and social equality while also considerably lowering environmental dangers and scarcity.
Reduced carbon emissions and pollution, increased energy and material efficiency, and enhancement of our natural capital are all examples of green-economy abilities.
Selection criteria
1. We will only accept applications from South Africans.
2. You must have a demonstrated financial need as determined by your household income.
3. You must have attained the minimum academic results listed below:
3.1 A grade point average of 65% in the year you apply for the bursary, i.e. in grade 12 or at university level.
3.2 A grade point average of 65% for the required topics related to the degree you intend to pursue at university.
4. Applicants who have completed their grade 12 or senior certificate with Mathematics Literacy will not be considered.
5. You must have been accepted into a South African public institution or university of technology for the undergraduate qualification you intend to pursue.
Documents required to support your application
1. A certified copy of your South African ID card or paperwork.
2. A copy of your most recent academic transcript, e.g.
2.1 Final Grade 11 results, as well as mid-year results if you are currently in Grade 12.
2.2 Final Grade 12 results, as well as mid-year results if you are in your first year of university.
2.3 Your previous academic year’s results, as well as your current mid-year results if you are in your second or third year of university.
3. The following individuals must sign the financial checks affidavit:
3.1 you and your parent(s) or guardian(s);
Download the affidavit here, fill it out, have it signed by all of the above persons, and attach it to your application.
The selection procedure
1. We will only evaluate bursary applications that are submitted electronically using the link given.
2. Applications for bursaries that are incomplete will be refused.
3. Bursary applications will be evaluated and shortlisted based on the above-mentioned qualifying conditions.
Shortlisted applicants must provide supporting documentation.
The following information must be provided by parents, legal guardians, and all income-earning members of a shortlisted applicant’s household:
1. Written consent indicating that they understand that personal information will be collected and disclosed to third parties to assist the Nedbank Educational Trust in verifying income.
2. An income and expense statement for the applicant’s combined household income.
3. Within seven working days of the application, certified copies of the following documents must be submitted in a single batch:
3.1 Identification document(s).
3.2 Each parent or guardian’s most recent payslip(s) or letter(s) of employment, no older than three months.
If parents or guardians are informal merchants or hawkers, they must provide proof of income, a home loan account statement, and a city/town council rates and taxes statement (no older than three months).
3.4 IRP5, IT3, and IT12 forms over the previous two years, if parents or guardians are only paid on commission.
If parents or guardians receive money in the form of a pension/grant/maintenance/rent/interest from assets, they must provide an official pension slip or bank statement (no older than three months).
3.6. Bank statements during the previous three months.
Shortlisted candidates will be subjected to psychometric and other examinations, as well as a virtual interview.
The application forms and screening results will be given to the Nedbank Educational Trust for consideration after the screening procedure is finished. Bursaries will be awarded at the Trust’s exclusive discretion.
When the recruitment process is concluded, all applicants will be notified of the outcome of their applications.
Contact the Nedbank Bursary Team for assistance:
Unlockyourambition@nedbank.co.za.
Please keep an eye on this page for application deadlines for the 2024 External Bursary Programme.
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