FirstRand Empowerment Foundation Bursary South Africa 2025

Are you planning to pursue higher education but stressing over finances? The FirstRand Empowerment Foundation Bursary South Africa 2025 is here to provide practical support to help you pursue higher education. The FirstRand Empowerment Foundation offers bursaries to eligible students in a variety of degree programs at traditional public universities.

This guide will walk you through the FirstRand Empowerment Foundation Bursary program in detail, discussing everything from its qualification criteria to the application process. Therefore, stick around to learn more about FirstRand Empowerment Foundation Bursary South Africa 2025.

About FirstRand Empowerment Foundation

The FirstRand Empowerment Foundation (FREF) was set up in 2005 as part of FirstRand Limited BBBEE’s initiative, focusing on tackling poverty and inequality through activities that support B-BBEE principles. The foundation is primarily led by individuals identified as black under the Financial Sector Charter.

FREF is on a mission to create a South Africa where everyone has equal access to economic opportunities, promoting inclusive growth. The foundation is all about helping communities get involved in the national economy, and it outlines some key areas to make that happen.

FirstRand Empowerment Foundation Bursary South Africa 2025

The FirstRand Empowerment Foundation bursary is all about providing financial aid to students pursuing higher education. By offering this support, the foundation wants to help young South Africans get a quality education and make a real difference in their communities and the country. The bursary details are mentioned below:

What Fields and Expenses are Covered by FirstRand Empowerment Foundation Bursary?

Bursaries will be offered for undergraduate studies in key skill areas, focusing on the following fields:

Arts:

• Psychology

Agriculture:

• All Specializations

Engineering:

• All Specializations

Commercial Sciences:

• Accounting
• Actuarial Science
• Economics
• Financial Management

Environmental Science:

• Climate Sciences
• Renewable Energy

Information Sciences:

• Business Information Systems
• Computer Science
• Data Science
• Information Systems
• Information Management
• Information Technology

Mathematical Sciences:

• Mathematics
• Risk
• Statistics

Natural Sciences:

• Biosciences
• Electronics
• Physics

Social Sciences and Law:

• Society and Sustainability
• Indigenous Knowlege Systems
• Law

The bursary will include coverage for tuition fees, learning resources, computer (for first-year students) meals, accommodation, and a monthly stipend. This comprehensive support is designed to help student focus on their studies without financial stress.

FirstRand Empowerment Foundation Bursary Qualification Criteria

FirstRand Bursary has set requirements for eligibility, that every student must meet to be considered for the application. The following are the qualification requirements:

• Applicants must be South African citizens.
• Applicant must be classified as black according to the BBBEE Act.
• You should be 21 years old or younger when starting your first year of study.
• Applicant must be in Matric now or have completed it within the last three years. Those who finished Matric more than 3 years ago are not eligible to apply.
• Applicant needs to have obtained at least a level 5 in Mathematics in Matric.
• You should have a solid academic track record.
• You must plan to study full-time for your first undergraduate degree in one of the fields mentioned above.
• You must have applied to and received provisional admission to study at a public university in South Africa for 2025.
• Applicant’s combined gross family income must not exceed R600,000 per annum.

FirstRand Empowerment Foundation Bursary: Application process

The entire online application process can be carried out online from start to finish, allowing applicants to submit all required documents and track their progress from the comfort of their homes. Here’s how you can apply for the bursary:

• To apply, submit your application online using the FirstRand Empowerment Bursary application portal. Make sure to complete all the sections and upload necessary documents to ensure your application is considered.
• You must prepare the following documents:
  • A clear head and shoulders photograph.
  • A certified copy of your South African ID document.
  • Your Grade 11 final results and Matric June results, if you are currently in Matric.
  • Your Matric certificate, if you have already completed Matric.
  • Proof of acceptance or provisional acceptance to a university for 2025.
  • Proof of your parent’s or guardians household income, including the latest payslips (if employed), an affidavit (if unemployed), an affidavit stating annual income (if self-employed), most recent audited finacnial statement or 3 months’ bank statement (if they own a business), or a SASSA letter confirming grants received ( if applicable).
  • Death certificates of parents, if they are deceased.
  • A letter from the court indicating child support amounts if the parents are divorced, or an affidavit from the parent stating the child support amount received if parents separated.

Closing Date: 15 December 2024

Concluding Statement

Apply for the FirstRand Empowerment Foundation Bursary to get financial help for your studies. Go to their official website and apply by filling out the application form and submitting all the required documents. Make sure to apply for the program before the deadline to avoid missing out on this opportunity.