Undergraduate Bursaries in South Africa 2026
3–4 year bachelor's degrees at universities. 46 funding opportunities available — updated May 2026.
If you're heading into or already studying a three- or four-year bachelor's degree, bursaries can cover the parts of student life that loans and savings often can't reach. At undergraduate level, funding usually pays for tuition, registration and prescribed books, and frequently accommodation, meals and a monthly allowance too. Some bursaries cover the full cost of study; others top up what you already have. It's worth knowing how this differs from NSFAS: NSFAS is the government's needs-based scheme for students from households under its income threshold at public universities and TVET colleges, while the bursaries here come from a wider mix of funders and often reward academic merit, a specific field of study, or both. Many students combine the two, or turn to bursaries when they fall just outside the NSFAS bracket.
Undergraduate bursaries are offered by corporates wanting future graduates in their sector (engineering, accounting, IT, mining, energy, health), by government departments and state-owned enterprises, by SETAs funding scarce-skills pipelines, and by universities, foundations and trusts. Most ask for a strong National Senior Certificate with the right subjects for your degree, often solid maths and physical science for technical fields, plus proof of South African citizenship and, in many cases, demonstrated financial need. Merit bursaries lean on your marks; need-based ones weigh household income. A good number carry a work-back agreement, meaning you commit to working for the funder once you graduate, usually for a year per year of study they funded, which is a fair trade for a degree largely paid for.
Timing matters more than most students realise. The corporate bursary cycle for the following academic year typically opens around August to October, so apply in the year before you need the money and don't wait for your final results: provisional or mid-year marks are usually accepted. If you're at a TVET college, look specifically for SETA-funded and sector-specific schemes tied to your trade or programme, as these are often separate from university-focused bursaries. Whatever your path, prepare your documents early: a certified ID, your latest results, proof of income, and a short, honest motivation letter explaining who you are and why the degree matters to you.
Quick tips
- →Apply early and apply widely. Most corporate bursaries open around August to October for the next academic year, and you can use your latest or provisional marks.
- →Keep a document folder ready: certified ID, NSC or latest results, proof of household income, and a fresh motivation letter you can tailor for each application.
- →Don't assume NSFAS and bursaries are either/or. If you're near the NSFAS income cut-off, target merit and field-specific bursaries as well.
- →Match the bursary to your subjects. Technical and scarce-skills bursaries often require maths and physical science, so check the criteria before you spend time applying.
- →If you're at a TVET college, search specifically for SETA and sector-based schemes linked to your trade, since they're often listed separately from university bursaries.
Sasol Bursary Programme
Sasol
Sasol's flagship bursary programme funds South African students in engineering, IT, and commerce — covering tuition, accommodation, and vacation employment.
Allan Gray Orbis Foundation Fellowship
Allan Gray Orbis Foundation
The Allan Gray Orbis Foundation Fellowship is South Africa's most prestigious entrepreneurship-focused bursary, open to any field of study. No workback obligation.
Funza Lushaka Teaching Bursary
Department of Higher Education and Training (DHET)
The Funza Lushaka Bursary is a government-funded full bursary for education students who commit to teaching in public schools after graduation.
Standard Bank Bursary Programme
Standard Bank
Standard Bank bursaries support commerce, finance, actuarial science, and IT students. Recipients join Standard Bank's vacation programme and are fast-tracked into the graduate pipeline.
Anglo American Bursary
Anglo American
Anglo American funds mining engineering, geology, and related engineering students with a full bursary including vacation employment at their operations.
Eskom Bursary Programme
Eskom
Eskom bursaries fund engineering, IT, and finance students across South Africa — covering the full cost of study plus vacation employment.
The Funza Lushaka Bursary
Department of Basic Education
The Funza Lushaka Bursary is a national government initiative designed to promote teaching as a profession and increase the supply of qualified educators in South African public schools.
NSFAS Bursary
National Student Financial Aid Scheme
The NSFAS bursary provides financial assistance to eligible South African citizens and permanent residents pursuing higher education, covering a range of study costs.
Mastercard Foundation Scholars Program
Mastercard Foundation
The Mastercard Foundation Scholars Program is a global initiative enabling talented, service-oriented young people to pursue higher education and cultivate leadership potential for a better Africa.
African Rainbow Minerals (ARM) Engineering Bursary
African Rainbow Minerals (ARM)
African Rainbow Minerals (ARM) and Assmang award bursaries to promising first-year BSc Engineering students from the Cato Ridge area of KwaZulu-Natal. The bursary covers tuition, accommodation, and a living allowance.
Sanlam Actuarial Bursary
Sanlam
Sanlam offers funding and support for students who are enrolled to study or are currently completing their actuarial science degrees.
MQA Bursary Scheme - Continuation Application 2026
Mining Qualifications Authority (MQA)
The MQA Bursary Scheme offers existing beneficiaries an opportunity to renew their funding for the 2026 academic year, supporting careers in the mining and minerals sector across South African HEIs and TVETs.
CHIETA Industrial Futures Bursary Discretionary Grant 2026/2027
Chemical Industries Education and Training Authority
The CHIETA Industrial Futures Bursary supports unemployed South African youth accepted into accredited public tertiary institutions, covering studies in the chemical sector for those with academic potential and financial need.
PwC Chartered Accountant Bursary
PwC South Africa
PwC offers comprehensive bursaries for South African students pursuing a Chartered Accountant (CA) qualification, providing financial support and a structured path to professional development.
Old Mutual Chartered Accounting Bursary Programme 2026/2027
Old Mutual
Old Mutual invites exceptional South African learners pursuing or interested in Chartered Accounting studies to apply for their bursary programme.
South African Reserve Bank External Bursary Scheme 2026 (Economics)
South African Reserve Bank (SARB)
The SARB invites aspiring economists to apply for its 2026 External Bursary Scheme, specifically supporting undergraduate studies in Economics.
Vodacom External Bursary Programme 2026
Vodacom Foundation
This academic merit bursary from Vodacom Foundation supports ambitious, driven South African students in their first, second, or third year of study.
South African National Roads Agency SOC Limited (SANRAL) Scholarship Programme 2026
South African National Roads Agency SOC Limited (SANRAL)
SANRAL offers a scholarship programme for young South Africans, supporting studies in fields related to civil infrastructure and roads.
University of Pretoria MasterCard Foundation Scholars Program (MCFSP) 2027
University of Pretoria
A fully-funded scholarship for undergraduate and postgraduate study at the University of Pretoria, supported by the Mastercard Foundation.
Sasol Foundation Mainstream Bursary Programme 2027
Sasol Foundation
The Sasol Foundation offers a comprehensive, fully funded bursary programme for young South Africans pursuing studies in various fields critical to industry.
SAICA’s Thuthuka Bursary Fund 2027
South African Institute of Chartered Accountants (SAICA)
Thuthuka Bursary Fund by SAICA supports students from disadvantaged backgrounds aspiring to become Chartered Accountants in South Africa.
South African Reserve Bank External Bursary Scheme 2026 for Economics Students
South African Reserve Bank (SARB)
The SARB invites aspiring economists to apply for its 2026 External Bursary Scheme, supporting undergraduate and postgraduate studies.
SAICA’s Thuthuka Bursary Fund 2027 for aspiring Chartered Accountants
South African Institute of Chartered Accountants (SAICA) Thuthuka Bursary Fund
Thuthuka bursary is open to financially needy African, Coloured, and Indian students aspiring to become Chartered Accountants (CAs).
PwC (PricewaterhouseCoopers) Bursary
PricewaterhouseCoopers (PwC)
PwC offers bursaries for accounting and finance students pursuing a CA(SA) qualification. One of the most prestigious routes into the Big Four accounting firms.
Legal Practice Council (LPC) / Law Firm Bursaries
Legal Practice Council & Major Law Firms
South Africa's major law firms and the LPC offer bursaries for LLB students at select universities — with guaranteed pupillage or clerkship placements.
Glencore / Merafe Resources Engineering Bursary
Glencore / Merafe Resources
Glencore and Merafe Resources fund mining engineering, geology, and related engineering students with a full bursary and vacation employment at South African mining operations.
Capitec Bank Foundation Bursary
Capitec Bank Foundation
The Capitec Bank Foundation funds commerce and mathematics students — primarily in Western Cape, Gauteng, and KZN — with tuition and accommodation support. No workback obligation.
Department of Agriculture Bursary (DALRRD)
Department of Agriculture, Land Reform and Rural Development
The Department of Agriculture funds agriculture, environmental science, and veterinary science students with a full bursary including workback in government agriculture programmes.
Shoprite/Checkers Foundation Bursary
Shoprite Checkers (Pty) Ltd Foundation
The Shoprite Foundation funds commerce, IT, and food science students. NSFAS-compatible and requires no workback obligation.
Women in Engineering Bursary (WISA/ECSA)
Various Engineering Companies (WISA Programme)
Multiple engineering companies offer bursaries exclusively for women in engineering. Targeted at addressing gender equity in South Africa's engineering sector.
Tiger Brands Foundation Bursary
Tiger Brands Foundation
Tiger Brands funds food science, engineering, and commerce students with a focus on Gauteng, KZN, and Western Cape. NSFAS-compatible.
Old Mutual Bursary Programme
Old Mutual Limited
Old Mutual funds actuarial science, finance, statistics, and IT students. Financial need is not required, making this accessible to middle-income families.
Deloitte South Africa Bursary
Deloitte South Africa
Deloitte SA offers accounting bursaries for students pursuing the CA(SA) qualification — one of the top routes to completing your articles at a Big Four firm.
Provincial Health Department Bursary (Medicine, Nursing & Allied Health)
Department of Health (Provincial)
Provincial health departments fund medicine, nursing, pharmacy, and allied health students who commit to working in public healthcare after graduation.
National Skills Fund (NSF) Bursary
National Skills Fund (NSF) — DHET
The NSF funds students in scarce and critical skills fields — including medicine, engineering, social work, and agriculture — at university and TVET level.
FNB (First National Bank) Bursary
First National Bank (FNB)
FNB funds finance, accounting, actuarial science, and IT students with tuition and a living allowance. Part of the FirstRand Group talent pipeline.
Nedbank Bursary Programme
Nedbank Group
Nedbank funds accounting, finance, actuarial science, and IT students. Full bursary with vacation employment and a structured graduate pipeline.
MERSETA Bursary & Learnership Programme
Manufacturing, Engineering and Related Services SETA (MERSETA)
MERSETA funds engineering and manufacturing students at both university and TVET level. A key funding option for students in technical disciplines who need support alongside NSFAS.
MICT SETA Bursary & Learnership
Media, Information and Communication Technologies SETA (MICT SETA)
MICT SETA offers bursaries and learnerships for ICT and media students at both university and TVET level. NSFAS-compatible with no workback.
Transnet Engineering Bursary
Transnet SOC Ltd
Transnet offers engineering bursaries to South African students studying mechanical, electrical, civil, and industrial engineering — with vacation employment at their logistics operations.
Harmony Gold Mining Bursary
Harmony Gold Mining
Harmony Gold funds mining engineering, geology, and engineering students in South Africa with a full bursary including vacation employment at their gold mines.
Telkom Foundation Bursary
Telkom Foundation
The Telkom Foundation funds ICT, computer science, and electrical engineering students. Notably, this bursary has no workback obligation and is NSFAS-compatible.
MTN South Africa Bursary
MTN South Africa
MTN funds engineering, ICT, and data science students with a full bursary including vacation employment at South Africa's largest mobile network.
Discovery Bursary Programme
Discovery Limited
Discovery offers a high-value bursary for actuarial science, statistics, data science, and finance students. Merit-based with no financial need requirement.
Absa Bank Bursary Programme
Absa Group
Absa offers a full bursary for commerce, finance, accounting, and IT students. Includes tuition, accommodation, and a living allowance with vacation employment.
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Frequently Asked Questions
Are there bursaries for undergraduate students in South Africa?
Yes — we currently list 46 bursaries available to undergraduate students. 3–4 year bachelor's degrees at universities.
Can Undergrad students apply for NSFAS?
Yes. NSFAS primarily funds undergraduate students at public universities and TVET colleges who meet the financial means test.