The Nedbank Bursary Programme 2024
Education
is the cornerstone of progress and development, offering individuals the
opportunity to unlock their potential and contribute meaningfully to society.
Recognizing the importance of education and the financial barriers that many
face, Nedbank, one of South Africa's leading financial institutions,
established the Nedbank External Bursary Programme. This article provides an
in-depth exploration of the programme, encompassing its historical background,
minimum requirements, eligibility criteria, and the comprehensive support it
offers to aspiring students.
Nedbank,
founded in 1888, has a rich history rooted in South Africa's economic
landscape. Initially established as the Nederlandsche Bank en
Credietvereeniging voor Zuid-Afrika (Dutch Bank and Credit Union for South
Africa), it has since evolved into one of the country's largest banks, renowned
for its commitment to innovation, sustainability, and community development. Nedbank,
a cornerstone of South Africa's financial landscape, has long been recognized
for its commitment to sustainable development and social responsibility. Beyond
its External Bursary Programme, Nedbank actively engages in various community
initiatives and partnerships aimed at uplifting disadvantaged communities,
promoting environmental conservation, and fostering economic empowerment. With
a legacy of over a century and a vision for a brighter future, Nedbank
continues to lead by example, demonstrating the transformative power of
responsible corporate citizenship and ethical leadership in driving positive
change.
The
Nedbank External Bursary Programme exemplifies the bank's dedication to
fostering education and nurturing talent within South Africa. Designed to
empower deserving individuals from diverse backgrounds, the programme offers
financial assistance to students pursuing undergraduate and postgraduate
studies in various fields.
Minimum criteria:
·
South African citizenship or permanent
residency.
·
Enrolment or acceptance into an accredited
South African tertiary institution.
·
Must be applying for your first undergraduate
degree.
·
Demonstrated academic excellence and
potential for success in chosen field of study.
·
Financial need, evidenced by the inability
to afford tuition fees and related expenses without assistance.
·
A grade average of 65 and above.
·
65 for each major module if you are
already in university.
The
Nedbank External Bursary Programme prioritizes inclusivity and diversity,
welcoming applications from individuals across South Africa who meet the
minimum requirements outlined above. Whether from urban centres or rural
communities, applicants are assessed based on their academic merit, financial
need, and potential to positively impact their respective fields upon
completion of their studies.
Documents required from applicants:
·
A certified copy of your South African
identity card/document.
·
Your most recent academic transcript,
depending on your current academic status:
·
Grade 11 final results and mid-year
results if you're in grade 12.
·
Grade 12 final results and mid-year
results if you're in your first year at university.
·
Last academic year results and current
mid-year results if you're in your second or third year at university.
·
The financial checks affidavit, which must
be signed by:
1)Your
parent(s) or guardian(s).
2)You,
the bursary applicant.
The
bursary provided by Nedbank encompasses both financial support and
supplementary assistance to ensure the holistic development and success of
recipients. The package may include:
·
Tuition Fees: Coverage of tuition fees for
the duration of the academic programme, alleviating the financial burden
associated with pursuing higher education.
·
Accommodation and Living Expenses:
Provision of funds to assist with accommodation costs and basic living
expenses, enabling students to focus on their studies without undue financial
stress.
·
Books and Materials: Allocation of
resources for the purchase of textbooks, course materials, and other
educational resources essential for academic success.
·
Mentorship and Support: Access to
mentorship programmes, workshops, and networking opportunities facilitated by
Nedbank, fostering personal and professional growth.
·
Internship and Career Development:
Opportunities for internships, graduate programmes, and career guidance to
facilitate the transition from academia to the workforce seamlessly.
More benefits of this bursary:
The
Nedbank External Bursary Programme offers a multitude of benefits to deserving
recipients, significantly easing the financial burden associated with pursuing
higher education. Beyond providing financial assistance for tuition fees,
accommodation, and living expenses, the programme offers invaluable support
through mentorship, career development opportunities, and access to networking
platforms. By fostering a supportive environment conducive to academic
excellence and personal growth, the bursary equips students with the resources
and guidance needed to succeed in their chosen fields. Furthermore, the
programme promotes inclusivity and diversity, ensuring that talented
individuals from various backgrounds have the opportunity to realize their full
potential and contribute meaningfully to society. Ultimately, the Nedbank
External Bursary Programme not only empowers individuals to pursue their
educational aspirations but also cultivates a generation of future leaders
poised to make a positive impact on their communities and beyond.
The
applicant will also go through a screening process during his/her application,
of which will involve the following key points:
·
Only online applications submitted through
the provided link will be reviewed.
·
Incomplete applications will not be
considered.
· Applications will be screened and shortlisted based on the outlined qualifying criteria.
The
Nedbank External Bursary Programme stands as a testament to Nedbank's
commitment to driving positive change through education and empowerment. By
providing financial assistance, mentorship, and support to deserving students,
the programme not only facilitates access to education but also cultivates a
generation of future leaders equipped to address the challenges of tomorrow. As
Nedbank continues to invest in human capital development, the impact of the
bursary programme reverberates far beyond individual beneficiaries,
contributing to the socio-economic development and prosperity of South Africa
as a whole.
Shortlisted
applicants and their household members are required to provide the following
documents:
·
Written consent acknowledging that
personal information will be shared with third parties to assist in verifying
income.
·
Completed income and expenditure statement
reflecting the combined household income.
·
Certified copies of various documents,
including identity documents, recent payslips or employment letters (not older
than three months), proof of income for informal traders or hawkers, tax forms
for commission earners, pension slips or bank statements, and the past three
months' bank statements.
Additionally,
shortlisted applicants will undergo psychometric assessments, other
evaluations, and attend a virtual interview. Following the screening process,
the Nedbank Educational Trust will review application forms and screening
results to award bursaries at their discretion. All applicants will receive
feedback on their application outcomes upon completion of the recruitment
process.
Note:
No
late applications will be considered.
Individuals who took Math's lit at high school level will not be considered.
Click here to find the affidavit.
Additionally,
for assistance, contact the Nedbank Bursary Team:
Unlockyourambition@nedbank.co.za.
Goodluck
to all applicants!
