Financial services group Nedbank has launched a R15 million bursary programme aimed at addressing skills shortages in the banking and finance sector.
‘The dire unemployment situation in our society is mainly due to the lack of skills and access to education,” said Nedbank Chairman Dr. Reuel Khoza at the launch of the programme late last month.
The Nedbank Bursary Programme will provide financial assistance to students undertaking undergraduate degrees in the fields of Business Science and Commerce with a particular emphasis on subjects like Accounting Sciences, Statistics, Economics, Finance and Financial management, Actuarial Science, Information Systems or Informatics, and Computer Science.
Nedbank has partnered with the National Student Financial Aid Scheme (NSFAS), the country’s primary funder of funder of students at public higher education institutions, to implement and administer the Bursary Fund.
It is estimated that, depending on the different fields of study, the Nedbank Bursary Scheme could provide tuition, textbooks and accommodation costs to more than 350 students per year.
Recipients of bursaries will have the opportunity to obtain vocational work within the group during their studies. On completion of their studies, graduates will have the opportunity to apply to become a part of Nedbank’s Graduate Development Programme or to take up employment within the group.
Bursary application forms are available from Financial Aid services offices at most university campuses across the country.
For more information about the Nedbank Bursary Programme contact NSFAS on (021) 763 3232 or email Xolani Gabelo on This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .
