About The Organization
Banking Sector Education and Training Authority (BANKSETA) is an official South African skills-development body that helps people get training and education for jobs in the banking and microfinance industry. It works with universities, colleges, and employers to develop skills that the banking world needs — especially for young people and those who want to start careers in finance and technology. BANKSETA also supports transformation, youth development, and job creation in South Africa.
About The Bursary Programme
The BANKSETA bursary helps students pay for higher education in fields that are important for the banking and financial sector. The funding usually includes support for:
Tuition fees
Books and study materials
Accommodation costs
Living or meal allowances
The bursary is offered through partner universities and institutions— students don’t always apply directly to BANKSETA but through their institution when the funding window opens.
Eligibility Requirements – Who Qualifies?
To qualify for a BANKSETA bursary, you must generally:
Be a South African citizen
Be accepted or currently studying at a recognized university or college
Be studying in a field linked to banking and finance (examples include:
• Bachelor of Commerce (Finance, Accounting, Economics)
• Bachelor of Science in IT
• Actuarial Science
• Computer or Information Technology related to finance)
These areas are considered **scarce and critical skills** for the banking sector.
👉 Each university or college may also have its own minimum academic requirements (like a certain pass rate).
Who Should Not Apply?
You should not apply if you:
Are not yet accepted into a tertiary institution for the next academic year
Are studying a field not connected to banking/finance/IT
Are applying after the closing date for submissions
Do not meet the institution’s minimum entry requirements
Also, BANKSETA often does not accept direct applications from individuals— funding is usually accessed via universities or funding windows advertised publicly.
How To Apply for the Bursary
1. Watch for the bursary funding window— BANKSETA announces when bursary applications open, usually on their website.
2.Check with your university/college— many institutions handle the application for you using BANKSETA funding.
3.Submit required documents, which often include:
Certified copy of your **ID
Matric certificate/results
Proof of registration or acceptance at a tertiary institution
Other documents your institution asks for
Official application details and forms are usually available on the BANKSETA website or through the institution you plan to attend.
👉 Application links and portals, if open, can be found on the official site: [https://bankseta.org.za/]
Opening & Closing Dates
BANKSETA bursary funding windows change each year. Some closing dates from recent cycles were:
•24 October 2026 for some funding windows
• Other bursary windows may open early in the year (e.g., March 2026)
Exact dates for the 2026/27 cycle will be published on the BANKSETA website when open.
Bursary Department & Contact Details
Telephone: +27 11 805 9661
Email [info@bankseta.org.za]
Website:[https://bankseta.org.za/]
Physical Address:Building C2, Eco Origin Office Park, Eco-Park Estate, 349 Witch-Hazel Ave, Highveld, Centurion, 0144
