FirstRand Empowerment Foundation Honours Bursary 2025

FirstRand Empowerment Foundation Honours Bursary

FirstRand Empowerment Foundation Honours Bursary 2025 – 2026

The FirstRand Empowerment Foundation offers an Honours Bursary to South African students who are pursuing postgraduate studies in their chosen field. This bursary is aimed at supporting students who have demonstrated strong academic performance during their undergraduate studies but require financial assistance to continue their education at the honours level. The FirstRand Empowerment Foundation Honours Bursary focuses on helping academically deserving students from historically disadvantaged backgrounds, enabling them to achieve their academic and professional goals.

The bursary program is aligned with the foundation’s commitment to empowering young South Africans and promoting social mobility through education. By offering financial support for postgraduate studies, the bursary helps students unlock career opportunities that will contribute to the development of the country’s economy and society.

Bursary Details:

Bursary Provider: FirstRand Empowerment Foundation
Bursary Type: Honours Degree Bursary
Fields of Study: The bursary is available for students pursuing an honours degree in any field, with particular focus on disciplines that are essential to South Africa’s growth, such as:
- Accounting
- Banking and Finance
- Business Administration
- Engineering
- Information Technology
- Law
- Economics
- Health Sciences
- Social Sciences
- Other related fields
Bursary Value: The FirstRand Empowerment Foundation Honours Bursary typically covers the following:
- Full coverage of tuition fees for the honours program.
- Accommodation costs (for students studying away from home).
- Study materials such as textbooks and academic resources.
- A living allowance to assist with day-to-day expenses, including food, transport, and other needs.
- Internship opportunities or practical work experience with companies within the FirstRand Group may also be available, offering students valuable industry exposure.

Eligibility Criteria:

To be eligible for the FirstRand Empowerment Foundation Honours 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 backgrounds who demonstrate a need for financial assistance to pursue their studies.
Undergraduate Qualification: Applicants must have completed their undergraduate degree and be accepted for an honours program at a recognized South African university.
Strong Academic Record: Applicants should have excellent academic results (usually a minimum of 70% in their undergraduate studies or the equivalent) and must show the potential to succeed at the honours level.
Full-time Enrollment: Applicants must be enrolled as full-time students for the honours program.
Commitment to Community Development: The foundation seeks students who are committed to making a positive impact on their communities and contributing to the social and economic development of South Africa.

What the Bursary Covers:

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

Tuition Fees: Full coverage of tuition fees for the duration of the honours program.
Accommodation: Assistance with accommodation costs, particularly for students who need to live away from home while studying.
Study Materials: Funding for textbooks, academic resources, and other necessary study materials.
Living Allowance: A monthly stipend to help with living expenses such as food, transport, and other daily costs.
Internships and Work Experience: The bursary may also provide opportunities for internships or work experience with FirstRand Group companies, which could lead to full-time employment opportunities.

How to Apply:

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

Obtain the Application Form: The application form can be downloaded from the FirstRand Empowerment Foundation website or requested by email.
Complete the Application: Carefully fill out the application form, ensuring that all sections are completed accurately.
Attach Required Documents: The following documents are typically required:
- A certified copy of your Matric certificate or undergraduate degree (or latest transcript if still studying).
- A certified copy of your South African ID.
- Proof of acceptance or enrollment in an honours program at a South African university.
- Academic transcripts from your undergraduate studies, demonstrating your academic performance.
- A motivational letter outlining why you are applying for the bursary, your career aspirations, and how you plan to contribute to South Africa’s development.
- Proof of financial need (e.g., a financial affidavit, payslips from parents/guardians, or other documents).
Submit the Application: Submit the completed application form and all supporting documents to the FirstRand Empowerment Foundation by email or post, as specified in the application instructions.

Closing Date:

Application Deadline: 15 December 2024

Contact Information:

For more information or to inquire about the FirstRand Empowerment Foundation Honours 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 Honours Bursary offers a fantastic opportunity for talented South African students to continue their academic journey at the honours level. With comprehensive financial support, including tuition, accommodation, and living allowances, the bursary enables recipients to focus on their studies and pursue their career goals without the stress of financial constraints. If you are committed to academic excellence and wish to contribute to South Africa’s growth and development, be sure to apply for the FirstRand Empowerment Foundation Honours Bursary before the closing date.