The Standard Bank Group bursary considers undergraduate and postgraduate studies in the fields of Agriculture, Commerce, Engineering, Mathematics, Science (Actuarial, Analytics, Business, Computer, Data, Information), Statistics, Technology (Financial, Information) and the disciplines in the emerging field of Behavioural Economics (Economics, Behavioural Finance, Sociology, Psychology, Neuroscience).
The Standard Bank Group Bursary Program is a highly regarded initiative designed to support the educational development of talented and ambitious students in Africa. By offering comprehensive financial assistance for tertiary education, the program aims to nurture future leaders who can contribute to the socio-economic growth of the continent. This bursary program is part of Standard Bank’s commitment to corporate social responsibility and investment in human capital.
One of the key features of the Standard Bank Group Bursary Program is its extensive coverage of educational expenses. The bursary typically covers tuition fees, accommodation, textbooks, and other essential study materials. Additionally, recipients may receive a stipend to help with living expenses, ensuring that they can focus fully on their academic pursuits without the stress of financial constraints.
The program is open to students who are pursuing degrees in fields that are relevant to the needs of the African economy and the banking industry. These fields often include, but are not limited to, commerce, engineering, information technology, and finance. By focusing on these disciplines, the bursary program aligns with Standard Bank’s strategic goal of fostering skills that are crucial for economic development and innovation.
Selection for the bursary is highly competitive and is based on academic excellence, leadership potential, and the applicant’s commitment to their chosen field of study. Applicants are required to submit academic transcripts, a personal statement, and letters of recommendation as part of the application process. This rigorous selection ensures that the bursaries are awarded to the most deserving candidates who demonstrate not only strong academic capabilities but also a vision for contributing positively to their communities and the broader society.
Beyond financial support, the Standard Bank Group Bursary Program also offers recipients opportunities for personal and professional development. Bursary holders often have access to internships and work experience programs within the Standard Bank Group, providing them with practical insights into the banking and financial sector. These opportunities help students to apply their academic knowledge in real-world settings, develop their professional skills, and build networks that can be valuable for their future careers.
The impact of the Standard Bank Group Bursary Program extends far beyond the individual recipients. By investing in the education of promising students, Standard Bank is helping to build a skilled and knowledgeable workforce that can drive economic growth and development across Africa. The program also exemplifies the bank’s commitment to social upliftment and its belief in the power of education to transform lives and communities.
The Standard Bank Group Bursary Program is a significant initiative that provides comprehensive support to deserving students in Africa. Through its financial aid, professional development opportunities, and focus on relevant fields of study, the program not only empowers individual students but also contributes to the broader goal of sustainable socio-economic development on the continent.
Bursary beneficiaries will be required to work for Standard Bank if they receive an offer of employment by the Bank upon graduation.
Undergraduate Bursary
The Standard Bank Group Undergraduate Bursary
The undergraduate bursary is specific to students that are on track to successfully complete their 1st year and require funding from their 2nd year of studies onwards. Applicants should be well-rounded with strong academic results in funded qualifications.
Minimum selection criteria:
- Applicants must have achieved an average of 65% and above in the latest examinations.
- Applicants must be registered for full-time undergraduate studies.
- Applicants will be required to participate in a formal assessment process including but not limited to Psychometric evaluation and an interview.
- Financial need is considered in applications.
Postgraduate Bursary
The Standard Bank Group Postgraduate Bursary
The Standard Bank Group Bursary provides full-cost bursaries to financially deserving and academically sound students wishing to pursue postgraduate studies in the funded study fields.
Minimum selection criteria:
- Applicants must have achieved an average of 65% and above in the latest examinations.
- Applicants must register for full-time postgraduate studies at a public South African institution of higher learning
- Applicants will be required to participate in a formal assessment process including but not limited to Psychometric evaluation and interview.
- Financial need is considered in applications.
Bursary Details
The Standard Bank Group Bursary Fund is a full-cost bursary, covering the following study and study-related costs:
- University fees.
- Accommodation – in a university residence or in private accommodation. Private accommodation costs will be subject to certain limits, to be explained to successful candidates upon the provisional bursary allocation.
- Meals – provided by the university or self-catering.
- Books and other study materials.
- A laptop computer.
- A monthly stipend to cover other living costs.
- Transport between home and campus 4 times a year at the cost of a bus ticket.
To qualify, you should be well-rounded academically, with strong performance in any of the following fields:
- Accounting
- Actuarial science
- Analytics
- Commerce
- Computer and data science
- Economics
- Engineering
- Finance
- Information technology
- Investments
- Mathematics
- Statistics.
Method of Application
- Access the Study Trust Standard Bank Group Bursary Fund
- 2025 bursary application season: Opens 1 May 2024 to 30 September 2024
- Enquiries may be directed to Susan Dube at susan.dube@standardbank.co.za
Application Deadline: 30 September, 2024.
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