FirstRand Empowerment Foundation Undergraduate Bursary 2025

FirstRand Empowerment Foundation Undergraduate Bursary

FirstRand Empowerment Foundation Undergraduate Bursary 2025 – 2026

The FirstRand Empowerment Foundation offers an Undergraduate Bursary aimed at supporting talented South African students who are financially disadvantaged and pursuing undergraduate studies. The bursary program is designed to provide financial assistance to students from historically disadvantaged communities, enabling them to access higher education and build successful careers. By supporting students in various fields of study, the FirstRand Empowerment Foundation seeks to contribute to the development of skills that will benefit the country’s social and economic landscape.

This bursary covers tuition fees and other educational expenses, allowing recipients to focus on their studies and achieve their academic goals without the burden of financial constraints.

Bursary Details:

Bursary Provider: FirstRand Empowerment Foundation
Bursary Type: Undergraduate Bursary
Fields of Study: The FirstRand Empowerment Foundation Undergraduate Bursary is open to students pursuing studies in a wide range of fields. These include, but are not limited to:
- Accounting
- Banking and Finance
- Business Administration
- Engineering
- Information Technology
- Law
- Economics
- Science
- Other fields relevant to the development of the South African economy
Bursary Value: The FirstRand Empowerment Foundation Bursary typically covers:
- Full tuition fees for the duration of the academic program.
- Accommodation costs (for students who need to live away from home).
- Study materials such as textbooks and required equipment.
- A living allowance to help with daily expenses (e.g., food, transport).

Eligibility Criteria:

To be eligible for the FirstRand Empowerment Foundation Undergraduate Bursary, applicants must meet the following criteria:

South African Citizen: Applicants must be South African citizens.
Financial Need: Preference will be given to students from historically disadvantaged communities and those in need of financial assistance to pursue their studies.
Matriculants or Current University Students: The bursary is available to students who have completed their Matric (Grade 12) or those who are currently enrolled in an undergraduate program at a recognized South African university.
Strong Academic Record: Applicants should have achieved excellent academic results (usually a minimum of 70% in their Matric exams or equivalent qualification). For current university students, a solid academic standing is required.
Full-time Enrollment: Applicants must be enrolled as full-time students at an accredited South African institution.
Commitment to Community Development: The bursary prioritizes students who are committed to contributing to their communities and the country’s development.

What the Bursary Covers:

The FirstRand Empowerment Foundation Undergraduate Bursary provides comprehensive financial support, which includes:

Tuition Fees: Coverage for all tuition fees for the duration of the degree program.
Accommodation: If needed, assistance with accommodation expenses for students studying away from home.
Study Materials: Financial support for textbooks and other study-related materials.
Living Allowance: A stipend to help with daily expenses such as food, transport, and other necessary costs.
Internships and Work Experience: The foundation may also offer opportunities for internships or work experience with FirstRand Group companies, which can provide valuable career-building opportunities.

How to Apply:

To apply for the FirstRand Empowerment Foundation Undergraduate Bursary, follow these steps:

Download the Application Form: The application form is available on the FirstRand Empowerment Foundation website or can be requested by email.
Complete the Application: Fill out the application form carefully, ensuring that all sections are completed accurately and truthfully.
Attach Required Documents: The following supporting documents are typically required:
- A certified copy of your Matric certificate or latest academic transcript (if currently in university).
- A certified copy of your South African ID or birth certificate.
- Proof of enrollment or an acceptance letter from a South African university or college.
- A motivational letter explaining why you are applying for the bursary, your goals, and how you plan to contribute to the development of South Africa.
- Proof of financial need (such as parents’ payslips, financial statements, or other documents).
Submit the Application: Submit the completed application form and supporting documents via email or post, as instructed on the application form.

Closing Date:

Application Deadline: 15 December 2024

Contact Information:

For more information about the FirstRand Empowerment Foundation Undergraduate Bursary, you can contact them using the following details:

Website: FirstRand Empowerment Foundation
Email: bursary@firstrand.co.za
Phone: +27 11 282 4000
Postal Address: FirstRand Empowerment Foundation, 1st Floor, 1 First Place, 1 Paterson Street, Sandton, Johannesburg, South Africa.

Final Thoughts:

The FirstRand Empowerment Foundation Undergraduate Bursary offers a great opportunity for South African students from disadvantaged backgrounds to receive financial support for their studies. By covering tuition, accommodation, study materials, and living expenses, this bursary ensures that students can focus on their education and career development. If you are committed to making a positive impact on your community and the country’s development, and you meet the eligibility requirements, be sure to apply for the FirstRand Empowerment Foundation Undergraduate Bursary before the closing date.