PSG Bursary 2024: Understanding the Skills Training

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Academically strong students show the most potential and dedication. Some may have financial challenges and other restrictions on continuing their higher education. Are you one of them? With multiple bursary programmes available in South Africa, it has become easier for students to follow their academic goals and fulfil their dreams.

PSG is one of the leading independent financial services groups in South Africa, providing a wide range of financial services. This Bursary is committed to supporting continuous learning and contributing to the growth, development, and empowerment of young people in the country.

Are you curious to explore this bursary programme further? In this article, let us learn more about the PSG Bursary 2024, its requirements, online application, closing date, and more.

What is PSG Bursary?

PSG is one of the leading independent financial services in South Africa. It is dedicated to supporting youth empowerment, progress, and development. This led to the establishment of this bursary programme, which aims to develop a pipeline of young talent in the financial services sector.

The PSG provides education bursaries for all deserving students and aspires to motivate and support South African youth by nurturing talented individuals within the financial sector. This Bursary Programme provides financial assistance to final-year undergraduate, Honours, and Master’s students pursuing specific degrees.


psg bursary 2024

What Does PSG Bursary Cover?

PSG Bursaries will be awarded for studies to applicants who intend to continue their undergraduate final year or postgraduate programmes in the following domains (at final year/ Honours/ Masters level):

  • Actuarial Science (BSc)
  • Computer Science (BSc)
  • Computer Engineering (BSc)
  • Electrical and Electronics Engineering (BEng).

The PSG bursary functions with the primary objective of supporting aspiring students who are interested in continuing their higher education.The total bursary allowances provided by this bursary will include the following expenses:

  • Tuition fees,
  •  Registration fees,
  • Transport Allowances,
  • Textbooks and other study materials,
  • Food and accommodation at the university residence,

Along with the financial assistance, this bursary will provide other benefits, including mentoring, coaching and support.

Applicants who have successfully completed their studies will gain access to PSG’s Graduate Programme, which opens doors to fascinating career opportunities in the financial services sector.

PSG believes in the power of personalised development. Therefore, they provide tailored coaching and mentoring to students, guiding them to explore their full prospects and successfully navigate the professional world.

PSG Bursary Requirements For Eligibility

Some essential documents need to be submitted along with the application form to verify your eligibility. These eligibility requirements include the following:

(please note that failure to satisfy all the requirements will lead to your application not being considered):

  • Applicants must be South African citizens,
  • Applicants must have completed Matric / Grade 12,
  • Applicants must be studying towards one of the above-listed degree programmes,
  • Applicants must be an Honours or Masters student (or a final year student if studying Engineering),
  • Applicants must have achieved average aggregate marks of 65% in all academic records,
  • Applicants must be interested in pursuing a career in the financial services sector.

Along with education or academic requirements, there are some professional skills, such as:

  • Applicants must be ambitious and able to work well under pressure
  • Applicants must be resilient, energetic, solution-oriented, willing to work in a team

This bursary programme is also applicable to students with disabilities, and preference will be given to students from designated groups.

Know the general requirements to get a bursary in South Africa.

Do’s And Don’ts For PSG Bursary Application

Understanding the Do’s and Don’tswhen applying for an online bursary programme is essential. With the proper knowledge of the PSG bursary online application process, the most crucial step towards applying for this bursary is achieved.

The following is a list of rules to remember when applying for this bursary. This information or tips can help applicants finish their bursary application more quickly and easily by easing the procedure.

Do’s

  • Mark the deadline for the bursary application.
  • Make sure to submit/upload all the supporting documents.
  • Apply for the bursary programme before closing to ensure your application is considered.
  • Please ask your mentors, seniors, or friends to proofread the application form before submitting it.

Don’ts

  • Don’t share login credentials with others.
  • Don’t submit an incomplete Bursary application.
  • Don’t forget to review or proofread your application form.
  • Don’t submit your application on the last date after the closing date.

What Is The PSG Bursary Online Application Process?

Applicants applying for the bursary programme 2024 can follow this simple application procedure. Besides, PSG offers an accessible way for South African applicants to apply and seek financial assistance for their education.

Here are the basic steps which applicants can follow to apply for the PSG Bursary 2024:

To apply for this bursary programme, applicants must complete the online application form by visiting the PSG official website and make sure to review the eligibility criteria carefully and other instructions provided in the form.

  1. Visit the official PSG website.
  2. Go to the “Careers” section and then select “Bursaries.”
  3. Click on the “Apply Now” option for the PSG Bursary Programme.
  4. Carefully read through the application instructions and eligibility criteria.
  5. Complete the online application form accurately and completely.
  6. Ensure to upload and submit all required supporting documents through the online portal. (A list of all the required documents has been mentioned below in this article)

Remember that submitting an incomplete application may result in disqualification.

PSG Bursary Requirements – Documentation

There are some essential documents which need to be submitted along with the application form to verify your eligibility. Make sure to upload accurate documents to avoid the possibility of getting disqualified.

Here are the essential supporting documents which applicants need to submit to secure their bursary application 2024:

  • Curriculum Vitae,
  • Applicant’s ID proof,
  • Full academic record/ transcripts (on institution letterhead)

*Note: All the documents mentioned above should be certified.

When Is the PSG Bursary Closing Date?

The application window for this bursary programme closes in December every year, although the dates may vary. The PSG bursary online application closing date for the current academic year was December 31, 2023.

Consequently, to ensure you meet the deadline, stay up-to-date and check the relevant websites and social media channels for the latest information regarding opening and closing dates.

PSG Bursary Bursary Contact Details

Applicants can contact PSG directly for further information, requirements, or queries regarding the bursary programme, eligibility criteria, online application procedures, deadline and documents required for the application. The management or respective team will clear all your doubts. Therefore, get clarification and updated information by contacting the bursary provider using:

Tel: 021 918 7800 / 

Email: info@psg.co.za

Conclusion

The PSG Bursary 2024 is the ideal programme developed for individuals seeking financial assistance for academic achievements in Actuarial Science, Computer Science, Computer Engineering and Electrical and Electronics Engineering. This bursary programme will provide complete financial assistance, including tuition fees, textbooks, food, accommodation and other allowances, lessening the financial burden on students. Thus, the PSG is committed to continuous learning and also provides valuable opportunities for professional development. To improve your chances of getting qualified for this bursary programme, follow all the eligibility requirements and application instructions and submit the application before the deadline.

About to take your first step towards bursary application? Regenesys is here to provide you with the programme quotation to assist you in beginning your journey for the bursary. Besides, our career counsellor will offer you guidance to help you navigate the bursary application process. Connect With Us Now!

PSG Bursary 2024 – Frequently Asked Questions

Is this bursary available for both postgraduate studies?

Yes, applicants willing to pursue their postgraduate studies can apply for this bursary.

Which fields of study are covered in these PSG bursaries?

Accounting, Actuarial Science, Engineering, Information Technology, Mathematical Sciences

Who is eligible to apply for the PSG Bursaries?

Any South African citizen with an excellent academic record who is willing to continue their higher education within the relevant domains can apply for this bursary.

What does the PSG Bursaries cover?

This bursary covers complete financial assistance, including tuition fees, study materials, living, food, and travel allowances. It also provides continuous coaching, mentoring, and on-the-job training, as well as work exposure within the financial services industry.

How can I apply for the PSG Bursaries?

Applicants applying for this bursary can apply by submitting online by visiting and registering on the PSG official website.

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MSc, BSc Content Writer | Regenesys Business School

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