Can I apply for an FNB bursary if I want to study a BCom degree?

Yes. BCom degrees in accounting, finance, economics, and information systems are among the qualifying fields for the FNB bursary.

Does FNB offer bursaries for part-time students?

The FNB bursary programme is generally designed for full-time undergraduate students. Part-time study arrangements are not typically covered.

What makes FNB different from other bank bursaries?

FNB is known for its innovative culture and technology focus. Bursars gain exposure to cutting-edge projects in digital banking, app development, and data analytics that may not be available at more traditional banks.

Is vacation work compulsory for FNB bursars?

Yes. Participation in vacation work placements at FNB is a condition of the bursary. Failure to participate without valid reason may result in the bursary being withdrawn.

What happens at the end of the work-back period?

After fulfilling the work-back period, you are free to pursue other opportunities. However, many bursars choose to remain at FNB due to the strong career development environment.

Last updated: June 2026— Information is subject to change. Always verify with the relevant government department.

FNB Bursary 2026: Complete Application Guide

First National Bank (FNB), a division of FirstRand Group, offers a highly regarded bursary programme for South African students in finance, information technology, actuarial science, and related disciplines. FNB's bursary provides full financial support and valuable exposure to one of South Africa's most innovative banking environments. Applications are accepted each year from August through to October.

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About the First National Bank (FirstRand) Bursary

First National Bank is one of South Africa's oldest and most trusted banking brands, operating as a division of FirstRand Limited, one of the continent's largest financial services companies. FNB has consistently been at the forefront of banking innovation in South Africa and Africa, having pioneered mobile and digital banking solutions now used by millions. FNB's bursary programme is an integral part of its human capital development strategy. The bank invests in young, talented individuals who share its passion for innovation and customer service. FNB is particularly interested in candidates who want to work in a fast-moving, technology-driven banking environment and are keen to disrupt traditional financial services models. Bursars are integrated into FNB's vacation work programme, where they are exposed to real projects and teams within the bank. Many bursars secure permanent employment at FNB upon completing their studies, particularly those who have demonstrated strong performance and cultural alignment during vacation work.

What the Bursary Covers

Full tuition fees
Registration and examination fees
Textbooks and study materials
Accommodation allowance
Monthly living stipend
Paid vacation work at FNB
Professional mentoring and career guidance

Eligibility Requirements

Citizenship: South African citizen or permanent resident
Study level: Undergraduate degree at an accredited South African university
Fields of study: Information Technology / Computer Science, Software Development, Data Science / Analytics, Finance / Accounting, Actuarial Science, Economics, Statistics, Mathematics, Business Science, Commerce
Academic average: Minimum 65% in Grade 12, with 70% or above in Mathematics
Financial need: Financial need is considered; priority is given to students from previously disadvantaged backgrounds
Work-back obligation: One year of employment at FNB or FirstRand per year of bursary funding received

When to Apply

Applications typically open in August and close in October each year. Results are communicated before December.

How to Apply — Step by Step

Go to fnb.co.za and navigate to the About FNB section, then look for Bursaries or Career Development.
Register on the FirstRand online recruitment portal.
Complete the bursary application form in full.
Attach a well-written motivational letter highlighting your academic achievements and career goals.
Upload all certified supporting documents.
Submit your application before the closing date and await communication regarding shortlisting or interviews.

Documents Required

Certified copy of South African ID or passport
Certified Grade 12 results or certificate
University academic transcript (if already enrolled)
Proof of university acceptance or current registration
Motivational letter
CV
Proof of household income or financial need
Academic or character reference letters

Tips and Additional Information

FNB is widely recognised as one of the most innovative banks in Africa and the world, and bursars who join FNB are at the cutting edge of financial technology. The bank invests heavily in its people and offers excellent career progression opportunities. FNB also participates in the FirstRand Group's broader transformation initiatives, which means strong support structures exist for bursars who are first-generation university students.

Contact Details

Official website: https://www.fnb.co.za/about-fnb/bursaries.html
Email: bursaries@fnb.co.za
FNB recommends applying as early as possible, as the programme is highly competitive and can close before the advertised deadline if sufficient quality applications are received.

Frequently Asked Questions

Disclaimer: CitizenHelp is an independent information resource and is not affiliated with any government department. This content is for general guidance only. Always verify with official sources before taking action.