Higher education in South Africa is expensive, but thousands of bursaries are available for students who know where to look and how to apply. From corporate bursaries offered by companies like Sasol, Old Mutual, and Anglo American, to government funding through NSFAS, there are options for students at every level of study and in virtually every field. This guide covers everything you need to know about finding and securing bursary funding in 2026.
Types of Bursaries Available in South Africa
Bursaries in South Africa fall into several categories. Corporate bursaries are funded by private companies and often come with vacation work placements and guaranteed employment after graduation. Government bursaries are offered by national and provincial departments for fields where there are critical skills shortages. NSFAS (National Student Financial Aid Scheme) provides funding for students from households earning below R350,000 per year. Professional body bursaries are offered by organisations like SAICA, ECSA, and the Law Society for students in specific professional fields. Finally, university-specific bursaries are offered by institutions themselves based on academic merit, financial need, or both.
When to Start Applying
The biggest mistake students make is applying too late. Most corporate bursary programmes open applications between March and August for the following academic year. NSFAS applications typically open in September and close in January. Some bursaries, particularly those from smaller organisations, have rolling deadlines throughout the year. The key is to start your search at least six months before you need the funding. Create a spreadsheet tracking each bursary's name, deadline, requirements, and application status.
What Bursary Providers Look For
Every bursary has specific criteria, but common requirements include: South African citizenship, a minimum academic average (typically 60-70 percent for corporate bursaries), demonstrated financial need, enrolment or acceptance at a recognised institution, and studying in a field relevant to the funder's industry. Some bursaries also consider community involvement, leadership experience, and extracurricular activities. Read each bursary's requirements carefully — applying for bursaries you do not qualify for wastes your time and theirs.
Writing a Compelling Motivation Letter
Your motivation letter is often the deciding factor between equally qualified candidates. Structure it clearly: introduce yourself and your academic background, explain why you need financial assistance (be honest but dignified), describe your career goals and how the bursary aligns with them, and explain what you will contribute to the funder's industry after graduating. Keep it to one page, use formal language, and proofread carefully. Generic letters that could apply to any bursary are immediately obvious to reviewers — tailor each letter to the specific programme you are applying to.
NSFAS: What You Need to Know for 2026
NSFAS funds students at public universities and TVET colleges whose combined household income is below R350,000 per year. The funding covers tuition, accommodation, a book allowance, and a living allowance. Applications are submitted online through the NSFAS website. You will need your South African ID, proof of income (or affidavit if parents are unemployed), and your academic results. NSFAS is not a bursary in the traditional sense — it is a combination of a bursary and a loan, though recent policy changes have converted most funding to full bursaries for qualifying students.
Where to Find Bursaries
Start with StarterJobs.co.za's bursaries section, which aggregates opportunities from multiple sources. Check the websites of companies in your field of study directly — most have a 'careers' or 'bursaries' page. Visit your university's financial aid office, as they often have information about bursaries not advertised publicly. Follow bursary-focused social media accounts and join WhatsApp groups that share new opportunities. Government bursaries are advertised in the Government Gazette and on departmental websites.
After You Receive a Bursary
Securing a bursary comes with responsibilities. Most require you to maintain a minimum academic average each year, submit progress reports, and complete your qualification within the agreed timeframe. Some include work-back obligations requiring you to work for the sponsor for a specified period after graduating. Read your bursary contract carefully before signing, and keep copies of all documentation. If you are struggling academically, communicate with your bursary provider early — most would rather help you get back on track than lose their investment.