Capitec Bank External Bursaries 2027: Apply for Study Funding

Capitec Bank is inviting South African students to apply for its External Bursary Programme for the 2027 academic year. This opportunity is for high-performing students pursuing full-time studies in fields relevant to the future of banking. Applications close on 12 August 2026.

Application Closing Date: 12 August 2026 at 14:00
Location: South Africa
Programme Duration: Not specified
Stipend: Monthly stipend (amount to be confirmed)
Minimum Qualification: NQF Level 7 Bachelor’s Degree or Honours qualification
Opportunity Type: Bursary

About the Capitec Bank External Bursary Programme 2027

The Capitec Bank External Bursary Programme aims to support talented South African students who are committed to furthering their education in fields that drive innovation and the future of banking. This bursary is designed for those studying full-time and shows a strong academic record. It offers financial assistance for study-related expenses and provides valuable opportunities for workplace readiness training and personal development.

The programme focuses on supporting studies in areas critical to the banking sector’s evolution, including technology, data, business, and innovation. Successful applicants will gain not only financial backing but also practical experience and guidance to prepare them for their future careers. Capitec Bank is committed to nurturing talent and investing in the next generation of leaders in financial services.

About Capitec Bank

Capitec Bank is a leading South African bank known for its innovative approach to banking services. It focuses on providing simple, affordable, and accessible banking solutions to its clients. The bank operates within the financial services sector, offering a range of products including savings accounts, credit facilities, and payment services. Capitec Bank is dedicated to improving the financial lives of South Africans through technology and customer-centric service.

What the Capitec Bank Bursary Covers

The bursary offers comprehensive financial support for successful applicants. This can include coverage for full tuition fees, registration fees, accommodation, and textbooks. A monthly stipend and meal allowance are also provided to help with living expenses. The exact details of the bursary package will be confirmed in the official award letter provided to each recipient.

Additional Benefits

Beyond financial aid, bursary recipients will benefit from several valuable opportunities. These include workplace readiness training to help students transition smoothly into a professional environment. Onboarding support and personal branding development are also offered. Furthermore, students will gain exposure to one of South Africa’s leading banks, providing them with career preparation and insights into the financial services industry.

Who Can Apply?

To be eligible for the Capitec Bank External Bursary, applicants must meet several criteria. They must be South African citizens and studying full-time during the 2027 academic year. Applicants need to be registered at a DHET or CHE registered tertiary institution and be pursuing an NQF Level 7 Bachelor’s Degree or Honours qualification. A minimum academic average of 65% is required.

The bursary is open to current Grade 12 learners in 2026, students taking a gap year after completing Matric in 2025, first-year undergraduate students, second-year undergraduate students, and final-year undergraduate students. All applicants must meet the general and specific application requirements.

Eligible Fields of Study

Capitec Bank supports qualifications in fields that are essential for the future of banking and financial services. These include Actuarial Science, Computer Science, Information Systems, Information Technology, Digital Marketing, Economics, Finance, Mathematics, Quantitative Management, and Statistics.

Who Does Not Qualify?

This bursary is specifically for full-time undergraduate students pursuing NQF Level 7 qualifications. Therefore, TVET College students, Community College students, and distance learning students, including those from UNISA, do not qualify. Graduate School students, Business School students, Higher Certificate students, Diploma students, Advanced Diploma students, Master’s students, Doctoral students, and N4, N5, or N6 students are also not eligible for this programme.

Academic Requirements

Grade 12 Learners
Grade 12 applicants must have achieved a Bachelor’s Pass in their final exams and maintain a minimum average of 65%.

Current University Students
Current university students must demonstrate a minimum academic average of 65% and present strong academic results from their latest completed academic years. Capitec may favour students who are progressing through their studies within the standard completion timeframe.

Important Bursary Conditions

Annual Renewal
The bursary is renewable annually, subject to the student’s academic performance, engagement in programme activities, and the availability of sponsor funding. Continued funding is not guaranteed and depends on meeting renewal criteria each year.

Work-Back Obligation
Bursary recipients may be required to work for Capitec Bank after completing their studies. The duration of this work-back period typically matches the number of years the bursary was funded. Failure to fulfil this obligation may necessitate the repayment of the full bursary value, including any applicable interest.

Full-Time Study Requirement
Students must remain registered as full-time students throughout their course of study. Providing false information or engaging in undisclosed employment can lead to the cancellation of the bursary and require repayment of all funds received.

Required Supporting Documents

Applicants must prepare certified copies of the following documents before applying. Ensure all certified documents are less than three months old.

Documents Required for All Applicants

• Certified copy of South African ID
• Certified copy of parent or guardian ID, or death certificate if applicable
• Proof of household income
• NSFAS funding confirmation or affidavit
• Confirmation or affidavit for any other bursary funding received

Additional Documents for Matric Learners

• Certified Grade 11 final report
• Certified Grade 12 Term 2 report
• Certified Matric certificate, if already available

Additional Documents for University Students

• Certified Matric certificate
• Latest official academic transcript
• University fee statement
• Full academic record
• Lease agreement if staying off-campus

Applicants with disabilities should also submit relevant Employment Equity and medical documentation as required.

How to Apply

Applications must be submitted online via the official Capitec bursary application portal.

Click here to apply for Capitec Bank External Bursary Programme 2027

Applicants are required to complete all sections of the online form accurately, upload all necessary supporting documents, and submit their application before the closing date.

Closing Date

The closing date for applications is Wednesday, 12 August 2026 at 14:00. If you do not receive any feedback within three months after the closing date, you should consider your application unsuccessful.

SHARE THIS POST WITH OTHERS.