FirstRand Foundation Honours Bursary South Africa

FirstRand Foundation Honours Bursary South Africa 2025

The FirstRand Foundation Honours Bursary is the best opportunity for South African students looking to fund their Honours degree. The bursary is meant to help hardworking students who have strong grades but need financial support. It covers studies-related costs, allowing recipients to focus on their studies without financial worries.

If you are eager to keep studying but need a bit of financial help, the FirstRand Foundation Honours Bursary could be a great way to reach your goals. This guide will walk you through the bursary in detail, exploring its eligibility criteria, fields covered, and the application process. Therefore, keep reading to gain a comprehensive understanding of the FirstRand Foundation Honours Bursary South Africa 2025.

Overview of FirstRand Foundation

The FirstRand Empowerement Foundation (FREF) was set up in 2005 as part of FirstRand Limited’s B-BBEE initiative. It aims to tackle poverty and inequality by supporting projects that align with B-BBEE principles. The foundation is led mainly by individuals recognized as black under the Financial Sector Charter.

FREF aims for a South Africa where everyone has fair access to economic opportunities, promoting inclusive growth. The foundation has identified key strategic areas to drive its mission, focusing on empowering communities to take an active role in the national economy.

FirstRand Foundation Honours Bursary South Africa 2025

The FirstRand Foundation Honours Bursary is a financial aid program offered to eligible students planning to pursue an Honours degree. It aims to reduce financial burden so students can focus on their education and achieve their academic goals. Here’s what you need to know about the FirstRand Foundation Honours Bursary South Africa 2025 before applying:

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What Does the FirstRand Foundation Honours Bursary Cover?

Bursaries are available for postgraduate studies (Bachelor of Honours degree) in the fields listed below:

  • Actuarial Science
  • Accounting
  • Agricultural Science
  • BA Honours Arts (Psychology)
  • Biosciences
  • Business Information
  • Climate Sciences
  • Computer Science
  • Data Science
  • Economics
  • Electronics
  • Engineering
  • Environmental Sciences
  • Financial Management
  • Indigenous Knowledge Systems
  • Information Management
  • Information Science
  • Information Systems
  • Information Technology
  • Law
  • Mathematical Sciences
  • Mathematics
  • Physics
  • Renewable Energy
  • Risk
  • Sciences
  • Society and Sustainability
  • Statistics

Who Qualifies for the FirstRand Foundation Honours Bursary?

Before applying, applicants must satisfy the eligibility requirements set by FirstRand Foundation. Your application will not be considered if you fail to satisfy the requirements. Here’s who qualifies for the bursary:

  • Applicants must be South African citizens.
  • Applicants must be between the ages of 21 and 35.
  • Applicants must have successfully finished Matric.
  • You must have obtained at least 60% in Mathematics in Matric (excluding Mathematical Literacy).
  • Applicants must have completed their undergraduate degree between 2022 and 2024.
  • Applicants must be registered for a full-time, one-year Honours degree program.
  • Applicants must be working towards their first post-graduate qualification.
  • Applicants must be enrolled at a public university in South Africa.
  • Applicants’ combined gross family income must not exceed R600,000 per year.

How Do I Apply For the FirstRand Foundation Honours Bursary?

The application process can be submitted online, ensuring a simple and convenient process for applicants. Here’s how you can apply for the bursary program:

  • Visit FirstRand’s official website and fill out the bursary application form.
  • After filling out the form, prepare the following relevant documents:
    • A certified copy of your ID document (issued within the last six months).
    • Certified copy of your Matric certificate.
    • Certified copy of your academic records.
    • Evidence of university acceptance or provisional acceptance for the 2025 academic year.
    • Proof of parental or guardian household income, which may include; latest payslip (if employed), an affidavit (if unemployed), an affidavit stating annual income (if self-employed), the most recent audited financial statement or three months recent bank statements (if they own a business), or a SASSA lettere confirming received grants (if applicable).
    • A fully completed EEA1 form.
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Closing Date: 15 January 2025

Ending Lines

To sum up, FirstRand Foundation is offering bursaries for students pursuing Honours degrees in selective fields. You can apply for the program through the official platform by submitting the form and relevant documents. The application must be submitted before the deadline to make sure your application is considered.

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