Does Nedbank offer bursaries for law degrees?

Nedbank does not typically fund law degrees under its bursary programme. Funding is focused on finance, actuarial science, IT, and related quantitative fields.

Can I apply if my parents are not employed?

Yes. Nedbank specifically considers students from households with no formal income. An affidavit confirming household income status is accepted as proof of financial need.

Does the vacation work pay a salary?

Yes. Nedbank pays bursars a competitive vacation work salary during their placement periods at the bank.

How long does the selection process take?

The selection process typically takes 6-8 weeks after the application closes. Shortlisted candidates are contacted for interviews before final decisions are made.

Can I renew the bursary every year?

Yes. The bursary is renewed annually on condition that you pass all your modules and maintain satisfactory academic progress.

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

Nedbank Bursary 2026: Complete Guide for SA Students

Nedbank Group is one of South Africa's largest banking groups and offers a bursary programme to support deserving students studying in fields aligned with its core business functions. The Nedbank Bursary covers tuition, accommodation, and living costs, and provides recipients with access to vacation work and mentoring within the bank. Applications are accepted annually from August to November.

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About the Nedbank Group Bursary

Nedbank Group is headquartered in Sandton, Johannesburg and operates as one of the four major South African banks with a strong retail, corporate, and investment banking presence. Nedbank has a deep commitment to social investment and transformation, with its bursary programme being one of the flagship initiatives under its human capital development strategy. The bank recognises that access to quality tertiary education is a significant barrier for many talented South Africans, and the bursary programme is designed to remove that barrier for students who demonstrate exceptional academic ability. Nedbank focuses particularly on fields that support its digital transformation journey, meaning IT and data science candidates are increasingly prioritised. Bursars who join Nedbank through vacation work and graduate programmes often stay with the bank long-term, growing into leadership positions. Nedbank's inclusive culture and emphasis on continuous learning make it an attractive employer for young finance and technology professionals.

What the Bursary Covers

Full tuition fees
Registration fees
Prescribed textbooks and learning resources
Accommodation or residence allowance
Monthly living stipend
Paid vacation work placement at Nedbank
Mentorship from senior Nedbank professionals
Laptop or device allowance (for qualifying bursars)

Eligibility Requirements

Citizenship: South African citizen
Study level: Undergraduate degree at an accredited South African university
Fields of study: Actuarial Science, Finance / Financial Management, Accounting / CA stream, Economics, Information Technology, Computer Science, Data Science / Data Analytics, Engineering (select disciplines), Mathematics / Statistics
Academic average: Minimum 65% overall in Grade 12, with at least 70% in Mathematics
Financial need: Demonstrated financial need is a key selection criterion alongside academic performance
Work-back obligation: One year of employment at Nedbank per year of funding received

When to Apply

Applications open in August and close in November. Nedbank aims to notify successful applicants by December or January at the latest.

How to Apply — Step by Step

Visit nedbank.co.za and go to the About Us section to find the bursary programme page.
Download or complete the online bursary application form.
Write a compelling motivational letter stating your career goals and why you are applying.
Gather all required certified documents.
Submit the application via the online portal or the email address provided on the bursary page.
If shortlisted, attend interviews at a Nedbank office or via video call.

Documents Required

Certified copy of South African ID
Certified copy of Grade 12 certificate or most recent results
University academic transcript (if already enrolled)
Proof of acceptance or registration letter from university
Motivational letter (at least one page)
CV
Proof of income or financial need (payslips, unemployment documentation, or affidavit)
Reference letter from a teacher or community leader

Tips and Additional Information

Nedbank's bursary programme is closely linked to its graduate talent pipeline, which means bursars who meet performance standards are typically offered a place on the Nedbank Graduate Programme upon graduation. This accelerated career path gives young professionals structured rotations across different business units. Nedbank is also a signatory to the Financial Sector Charter and has strong transformation targets, making it particularly keen to support Black, Coloured, and Indian applicants.

Contact Details

Official website: https://www.nedbank.co.za/content/nedbank/desktop/gt/en/aboutus/bursaries.html
Email: bursaries@nedbank.co.za
Nedbank may update its bursary contact details each year. Always verify through the official website.

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.