Many students think pursuing further education in South Africa will be challenging because of the high cost of higher education. If so, numerous bursaries are available to help students meet their academic goals while reducing their financial obligations. One such option is the FNB bursary. This bursary permits talented individuals who need financial assistance for their academic journey.
Are you curious to learn more about this bursary? In this article, we will learn more about this bursary, including its allowances, eligibility requirements, online application process, and closing date.
Table of Contents
What is FNB Bursary 2024?
FNB—First National Bank is the oldest bank in South Africa, established in 1838. It is also known as one of the country’s “big four” banks. This bursary, offered by Study Trust, awards partial bursaries to those studying (or planning to study) towards a Commerce, Engineering, or Science degree qualification. These bursaries are like an investment made by the company to prepare its great and skilled leaders for the future.
The FNB Fund Bursary Programme is one of the leading bursary providers in South Africa. FNB provides bursaries for deserving applicants who are academically capable but lack the financial resources to reach their goals. FNB bursaries cover all of the costs that students must pay for their education, which might include everything from registration fees to the price of additional assignments. Overall, bursaries help create a better future for everyone and allow them to contribute significantly to their nation’s workforce.
FNB Bursary 2024 – Fields Covered and Allowances
As mentioned earlier, the FNB Fund bursary is administered by a study trust, an educational public benefit organisation that connects learners with study opportunities and provides tertiary education bursaries and mentoring support.
Fields Covered
This bursary will be awarded to students willing to pursue their undergraduate programmes within the following fields:
- Sciences
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- Accounting, Actuarial Science, Auditing,
- Economic & Management Sciences, Economics, Financial Management
- Marketing, Human Resources, Law, Psychology, Organisational Psychology
- Investment Management, Management, Quantitative Finance, Statistics, Finance
- Commerce
-
- Metallurgical Engineering, Mining Engineering, Mining Survey Architecture
- Construction Management, Electrical Engineering, Industrial Engineering, Mechanical Engineering, Mechatronics
- Aeronautical Engineering, Agricultural Engineering, Building Technology, Chemical Engineering, Civil Engineering
- Engineering
-
- Computer Engineering, Computer Science
- Actuarial Science, Statistics, Mathematics
- Mathematical Statistics, Business Information Technology
- Information Systems, Information Technology, Software Development
Allowances
The FNB bursaries include the complete education expenses applicants must pay for their higher studies. These education expenses can range from their education fees to the cost of the extra study materials. Some of the essential FNB bursary allowances for learners:
- Tuition fees,
- Living expenses,
- Registration fees,
- Accommodation,
- Books and learning materials,
- Food and travelling allowances.
However, the bursary amount is subject to change every year depending on the type of programme and the student’s requirements.
What are the Eligibility Requirements for FNB Bursary?
This bursary programme believes in growing future leaders for South Africa, which begins with the growth of our brightest young minds. FNB Bursary is an open bursary programme, and the eligibility requirements for the application process include the following:
- Applicants must be South African citizens,
- Applicants must demonstrate financial need,
- Applicants must demonstrate academic potential,
- Applicants must have completed their Matric or grade 12,
- Applicant must have achieved a maximum aggregated mark of 60% in English, Physical Science and Mathematics.
- Applicants applying for this bursary 2024 must be enroled in or willing to pursue undergraduate studies only, excluding Honours in Accounting.
Explore the general requirements to get a bursary in South Africa.
Steps Involved in FNB Bursary Online Application
For this bursary 2024, an applicant can submit their application online. However, before applying for the bursary’s online application, applicants must read all the instructions provided on the application form. Here are the simple steps which need to be followed :
- Visit the official FNB – Study trust bursary official website,
- Search for the FNB Study Trust Bursary Application Form 2024 in the main menu,
- Click on the application form and select the download option,
- Download the application form in PDF format,
- Open the downloaded form and carefully go through the application details and other instructions,
- As per the instructions provided in the application form, fill it out accordingly,
- Upload all the scanned documents in a sequential manner (essential document lists are mentioned below in this article),
- Review the complete details provided in the application form for spelling errors before submitting it,
- Once after the review, Email your completed application form and supporting documents in PDF format to:
Email ID: apply@studytrust.org.za
or
Fax: 086 538 1537
Applicants can also post their application form to the postal address:
The National Director
Study Trust
Private Bag X16
Braamfontein– 2017.
Key Documents Required for FNB Bursary Application
Applicants must submit the required documents in order to confirm their eligibility for the bursary. This bursary must require documentation such as the following:
- Curriculum Vitae
- Applicant’s ID card,
- Parents or guardians proof of income,
- Applicant’s Grade 11 final results, if currently in Matric
- Essay about your life (To be completed on the application form)
- All academic records from Grades 10 – 12, including most recent transcripts
- University acceptance letter for the current academic year (on institution letterhead)
- Two testimonials. One is from an educational official, such as a lecturer or principal and another from a community (To be completed on the application form)
When is the Closing Date for the FNB Bursary?
The application closing date may vary every year. August 31st is the closing date for applications for the FNB Bursaries for the academic year 2024. Therefore, applicants must ensure that they submit their applications before the deadline. Additionally, the applications can only be approved if it is submitted in its entirety and on time.
Please check the official website regularly for the FNB bursary closing date. If you have any questions about the bursary deadline, you can contact Study Trust directly.
- Tel: 011 403 1632
- Email: apply@studytrust.org.za
Conclusion
FNB’s main objective is to invest in young youth without expecting them to work or pay back the funds. The FNB bursaries aim to create a better future for all aspiring young youth by providing opportunities for financially underprivileged and talented candidates to become significant members of the country’s workforce.
About to take your first step towards bursary application? Regenesys is here to provide you with the programme quotation to assist you in the beginning of your journey for the bursary. Besides, our career counsellors will offer you guidance to help you navigate the bursary application process. Connect With us Now!
FNB Bursary 2024 – Frequently Asked Questions
What are the objectives of FNB Bursaries?
This bursary is administered by Study Trust, which unites learners with study opportunities by providing financial assistance for tertiary education, mentoring, and support.
To which degree do the FNB Bursaries provide funding?
This bursary is available for undergraduate programmes in the commerce, engineering, and science streams.
What Allowances will Applicants Get from FNB Bursaries?
FNB Bursaries will provide comprehensive financial support for students seeking educational assistance. These allowances include Tuition fees, study materials, Accommodation, food and travel allowances and other Living allowances.
Can any student pursuing higher studies in South Africa apply for these FNB bursaries?
No. Preference will be given to students from disadvantaged backgrounds and rural areas.
Is this bursary available for online studies?
No. The FNB Bursaries are available for students who intend to study full-time programmes within one of the above-mentioned undergraduate disciplines.
