Standard bank bursaries have helped save the future of millions of South African students. These bursaries are specifically designed to help out underprivileged students who can not afford to get a basic education. The qualifying criteria are also quite simple. You can easily apply for these bursaries if you are finding it hard to fund your studies on your own. The criteria for these bursaries are also quite simple and reasonable.
However, if you think that simply knowing about the availability of bursaries from the Standard Bank is not enough. You need to further dig up which kinds of bursaries it offers and for how many fields of studies it provides the funds to students.
Do note that 13th of September 2023 is the closing date for Standard Bank Bursaries.
Now, that is the kind of discussion that we are going to have in the following article. So, if you are interested to find out whether you can expect Standard Bank to provide you grants to support your studies, keep on reading the following article.
Understanding The Background
It is imperative to know why Standard Bank offers bursaries to students at such a vast level. They could ask you about it in your interview and screening tests. They simply want to know that they are investing in the right kind of people. And trust me, this is going to be the simplest question they ask you. So, I suggest you start paying attention to what I am about to disclose in the following article.
Let’s start off with the basic question and that is why does Standard Bank of South Africa provide bursaries to students. In answer to that, I must tell you that Standard Bank works in collaboration with business partners and political and economic leaders. By funding future generations, they are securing their future banking business. So, if they are providing bursaries to students, it is as much for their own benefit as it is for yours.
The main objective is to invest in the future of South Africa. They are continuously working for the betterment of the society and uplift the country as a whole. They are aware that without educating the masses, they can not be successful in their mission.
Basic Application Criteria
If you are thinking about applying for a Standard Bank bursary, you must be aware of the basic criteria that you must fulfill in order to be eligible for applying. This criterion applies to any applicant irrespective of which bursary he/she is applying for. So, first of all, you must be a citizen of South Africa. It means that any non-resident person can not apply. Secondly, you must have a minimum of sixty-five percent in your latest examinations.
Furthermore, you must be registered as a full-time student at a publicly recognized institute in South Africa for the respective program you are applying for and aim to get a bursary. An additional requirement of these basic criteria is that if you are applying for a postgraduate program, you must meet the recognition criteria of that university. If you meet all these criteria, feel free to apply for the bursaries offered by Standard Bank.
Educational Programs That Fall Under The Standard Bank Bursaries
There is a large variety of bursaries provided by the Standard Bank of South Africa. These bursaries have helped thousands of South African students to achieve their desired goals in life. The best thing about it is that it is not only specific to a certain field of study. In fact, there is a large variety of courses included in this program. You can look up your respective field from amongst the courses and apply for it in due course.
The most commonly provided bursaries by the Standard Bank for specific fields of studies include Accounting, Economics, Commerce, Analytics, Computer and Data Science, Engineering, Investments, Mathematics, Statistics, Information Technology, and Actuarial Science.
Undergraduate Bursaries By Standard Bank
Standard Bank is known to fund a lot of undergraduate programs in various fields as mentioned above. However, there is a little tricky detail to this bursary. You must have completed at least one year of your undergraduate studies. Your grades in that year should be equal to or above sixty-five percent throughout the academic year. Furthermore, you must also be registered as a full-time undergraduate student.
Apart from that, you will have to go through a proper screening process and assessments deemed mandatory by the authorities. In addition to that, you will also be interviewed by the relevant authoritative person to judge your capabilities. All these things play a very decisive role in helping you achieve a bursary for your desired program.
Postgraduate Bursaries By Standard Bank
Unlike the undergraduate bursary programs by the Standard Bank, the postgraduate programs provide a hundred percent cost-bearing. You won’t have to bear a single year of expenses. You can simply apply for a bursary straight away. However, these bursaries also have certain criteria that you will have to meet in order to successfully acquire funds from these bursaries.
So, first of all, you must have at least sixty-five percent grades in your last examinations, irrespective of which studies you acquired. Preference will be given to students with the highest grades. Secondly, you must be enrolled as a full-time postgraduate student in a public South African institute.
Thirdly, you must go through a proper screening channel. You will be required to give proper tests, your behavior will be judged, and you will also be interviewed by an appropriate panel.
How To Apply?
If you are thinking about applying for any one of the bursaries offered by Standard Bank, you must follow the following simple steps. First of all, you must file an application in your name at the StudyTrust online application platform before 30th September. This application will be for next year.
It means that if you want to get a bursary, you must apply for it beforehand so that you can get it in time for your college admission to start. The entire process is super easy. You will simply have to go to their website and click on the “apply here” option appearing at the top of the screen. The resulting form will ask for your basic information including your full name, phone number, address, email ID, and so on.
You will also be required to attach some of your documents with your application as well. These documents include a certified copy of your ID card, a scanned copy of all your academic results to date, and proof of your combined household income.
Does Standard Bank provide bursaries to fund Accounting students?
Yes, Standard Bank provides various bursaries to not only fund accounting students but also many other related fields including economics, mathematics, statistics, and finance. And that is not the extent of it. You can also apply for bursaries in various other fields including computer and data sciences, analytics, commerce, investment, and so on.
What is the closing date for the application of bursaries in Standard Bank?
Every year, you are required to apply for the Standard Bank bursaries before the thirtieth of September. However, the application process starts from the first of August which means that you get ample time to gather your documents and apply for a bursary in any of the respective fields.
So, this was all from my side. I hope you all found this information very useful. I did my best to provide you with all the information that you must have known before applying for any of the bursaries currently being offered by Standard Bank. So, if you found it all helpful, feel free to share it with the people who could also benefit from it as well. After all, sharing is caring, right? A single bursary can save the future of a deserving student. So, do reach out to relevant people.
In any case, let me summarize all this information briefly in this conclusion paragraph. Standard Bank of South Africa offers a myriad of bursaries to deserving South African students across the country. The basic criteria are also quite reasonable. You can easily apply for a bursary in any of the desired fields. However, you must bear in mind that they have a very strict screening process to filter out any undeserving students. So, only apply for it if you truly need assistance.