2024 Standard Bank Bursary Application Guide!

“Get financial support to unlock the path to academic success.”

Are you aspiring to study in your dream college in South Africa but facing a shortage of money?

If you want to pursue your higher education in South Africa but don’t have the funds to enroll, no need to worry! Bursaries and social grants play a vital role in supporting education and assisting the financially weak communities living in South Africa. Standard Bank Bursary provides financial support to underprivileged students to help them afford the expenses of their tertiary education for their academic success. Whether you’re an engineering or a law student, the Standard Bank Group provides a bursary to enhance your potential and fulfill your educational desires. All you need is a good academic background to apply for this bursary and obtain the funds to enroll in your dream university in South Africa! In this blog, you can learn about the selection criteria that you need to fulfill while applying for a standard bank bursary for your undergraduate and postgraduate education and a step-by-step guide to apply for this bursary in 2024:

Founded in 1862, the Standard Bank of South Africa Limited is one of the largest providers of financial services in the nation. Standard Bank is inviting students studying in South Africa to apply for their 2024 bursary program. Undergraduate and graduate students can apply for bursaries, which fully cover the costs of textbooks and other study materials, laptops, housing meals, a monthly living allowance, and transportation from home to campus four times a year (including bus tickets).

Standard Bank Bursary for Undergraduate Students:

Undergraduate Standard Bank Bursariesfocus on students who successfully complete their first year of study and have student loan requirements for their second year and onwards. Candidates need to demonstrate both a broad background and strong academic standing in courses that are funded.

Basic Requirements for Selection:

1. Candidates must have received an average score of 65 percent or higher on the most recent aptitude tests.

2. The candidates have to be enrolled in undergraduate courses full-time.

3. A formal assessment procedure consisting of an interview and a psychometric test will be used to evaluate candidates.

4. When applying for the bursary, consideration of financial needs is taken into account.

Standard Bank Bursary for Postgraduate Students:

Scholarships from the Standard Bank Group provide full tuition support to students wishing to pursue postgraduate studies, provided they fulfill the necessary academic and financial criteria for Standard Bank Bursary.

Basic Requirements for Selection:

1. A minimum average score of 65 percent on the most recent exams was required of applicants.

2. Candidates must enroll in a postgraduate program at a public university or college in South Africa that has received accreditation for a full academic year.

3. The evaluation process for applicants will consist of an interview and a psychometric assessment, among other things.

4. When applying, financial need is taken into account.

Step-by-Step Guide to Applying for Standard Bank Bursary in 2024

Step 1: Go to the Bursaries section of the Standard Bank website

Step 2: The second step is to accurately fill out the online application form for Standard Bank Bursary. It will be necessary to upload the following documents:

● A certified copy of your identification proof

● Evidence of all completed coursework (complete tertiary academic record and Gr 12 certificate).

Evidence of the total income of the family.

Step 3: Write an engaging letter detailing your career goals, academic background, and your reasons for deserving the bursary.

Step 4: Make sure that you submit your Standard Bank Bursaryapplication before the deadline. Keep a note of any confirmation emails or reference numbers.

Step 5: Watch for an update from Standard Bank on the progress of your application. Take the initiative and, if needed, follow up.

Step 6: After your shortlisting, you can prepare for interviews or additional assessments as required by Standard Bank.

Step 7: Complete any outstanding requirements specified by Standard Bank to complete the bursary award after being selected successfully.

You can apply for the standard bank bursary between the opening duration from May 1 to September 30.

Educational Programs that Standard Bank Funds Through its Bursaries

The South African Standard Bank offers a wide range of bursaries. Many South African students are getting the benefit of Standard Bank Bursaryby fulfilling their vision to study and step into their dream careers. The fact that it is not limited to a single field of study is its best feature. That being said, this program offers a wide range of courses. You can browse the courses to find your field of interest and apply when the time is right.

The Standard Bank most frequently offers bursaries for the following fields of study: Actuarial Science, Computer and Data Science, Economics, Commerce, Analytics, Accounting, Engineering, Investments, Mathematics, Statistics, and Information Technology.

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Proper research and planning play a vital role in the SASSA online application for bursaries. One of the best ways to finance your studies and achieve your higher education objectives without breaking the bank is through bursaries and scholarships. Bursaries and scholarships help you pay for higher education while also lowering your debt, as you don’t need to repay them. Check out SASSA Loans right now to apply for a bursary and build a bright future!