What does Bankseta bursary cover?

The support is holistic (covering tuition, textbooks and accommodation, on or off-campus, depending on what has been arranged by the University).

Introduction: BANKSETA (Banking Sector Education and Training Authority) collaborates with public universities through partnership agreements to fund bursaries for students pursuing courses aligned with the scarce and critical skills needed in the banking industry. These bursaries aim to support students studying disciplines such as Actuarial Science (Accounting), Bachelor of Science (IT), Bachelor of Commerce (IT), Bachelor of Commerce (Finance, Economics, Financial Markets, or Financial Modelling streams), and Bachelor of Commerce (Accounting). BANKSETA’s holistic support covers tuition fees, textbooks, and accommodation, whether on or off-campus, as arranged by the university.

Funding Window and University Partnerships: BANKSETA annually announces a funding window to all public universities, inviting them to apply for the funding of unemployed bursaries. This initiative targets courses that align with the scarce and critical skills required in the banking industry. Through partnership agreements with universities, BANKSETA provides financial support to selected students who meet the minimum criteria set by both BANKSETA and the respective universities.

Coverage and Benefits:

BANKSETA bursaries cover the full cost of the bursary, encompassing various expenses to ensure the comprehensive support of the students. The benefits provided by the bursary include:

  1. Tuition fees
  2. Meal allowances
  3. Book fees
  4. Accommodation costs (arranged by the university)
  5. Other costs such as tutorial fees, if applicableBANKSETA’s bursary program plays a crucial role in developing and nurturing future talent for the banking industry. Through their partnership agreements with public universities, BANKSETA provides comprehensive financial support to students pursuing courses aligned with the banking industry’s scarce and critical skills. The bursaries cover tuition fees, textbooks, accommodation, and other related expenses. Prospective applicants are encouraged to reach out to the provided contact person for further information and clarification.