The Capitec Bank has officially opened applications for its External Bursary Programme for the 2027 academic year, offering financial support and workplace exposure to high-performing students pursuing studies in fields linked to technology, data, and business innovation.

Applications for the bursary close on Wednesday, 12 August 2026 at 14:00.

The programme is part of Capitec’s broader strategy to develop future talent for the banking and financial services sector while promoting access to higher education for academically strong students in South Africa.

Supporting Future Talent in Banking and Technology

Capitec Bank describes itself as a financial institution focused on simplicity, accessibility, and affordability, with a strong emphasis on innovation and client-centred service.

Through its External Bursary Programme, the bank aims to identify and support students who demonstrate academic excellence, problem-solving ability, and a strong interest in fields critical to the future of banking, including data science, mathematics, and information technology.

The bursary is intended for full-time undergraduate students or prospective students entering NQF Level 7 (Bachelor’s degree or Honours level studies) in 2027.

Fields of Study Covered

The bursary targets students pursuing qualifications in high-demand disciplines that align with the evolving needs of the financial services industry.

Eligible fields of study include:

Actuarial Science
Computer Science
Information Systems
Information Technology
Digital Marketing
Economics and Finance
Mathematics
Quantitative Management
Statistics

Applicants must be enrolled at a recognised South African tertiary institution accredited by DHET or CHE.

Financial and Academic Support Package

Successful applicants will receive comprehensive financial support designed to remove barriers to higher education and allow students to focus on their academic performance.

The bursary package includes:

Full tuition and registration fees
Accommodation support
Textbooks
Meal allowance
Additional financial and academic support subject to confirmation in the award agreement

In addition to financial assistance, Capitec also provides work-readiness training, onboarding support, and personal development opportunities to help students transition from university into the professional world.

The programme is designed not only as financial aid but also as a structured talent pipeline into the organisation and broader financial sector.

Work-Back Obligation and Conditions

The bursary includes a mandatory work-back agreement, requiring recipients to work for Capitec for a period equivalent to the duration of funding received.

If a recipient fails to fulfil this obligation, they may be required to repay the full value of the bursary, including interest charges.

The bursary is renewable annually and is subject to continued academic performance, student engagement, and budget availability.

Capitec also reserves the right to terminate funding if applicants provide false information, fail to maintain full-time study status, or breach programme conditions.

Eligibility Criteria

The bursary is open to South African citizens who meet specific academic and institutional requirements.

Applicants must:

Be South African citizens
Be enrolled or planning to enroll full-time in 2027
Be studying or intending to study at a recognised public or private tertiary institution
Be pursuing a Bachelor’s degree or Honours qualification (NQF Level 7 or higher)
Have achieved a minimum academic average of 65% in Grade 12 or tertiary studies
Be studying in approved fields related to science, technology, mathematics, or business

The programme is not open to students at TVET colleges, community colleges, distance learning institutions such as UNISA, or those studying qualifications below NQF Level 7.

Selection Process and Requirements

Applicants may be required to undergo a multi-stage selection process, which can include screening, shortlisting, interviews, and psychometric assessments.

Capitec stated that selection will also consider employment equity objectives, academic performance, and expected time to complete studies.

Successful applicants will be required to submit a comprehensive set of supporting documents, including identity documents, academic records, proof of income, and financial aid declarations.

Commitment to Inclusion and Skills Development

Capitec emphasised that its bursary programme is part of its broader commitment to developing skills, fostering innovation, and supporting transformation in South Africa’s financial sector.

The bank promotes a culture of ownership, innovation, and continuous improvement, aiming to “energise people” and encourage creative thinking in solving client and business challenges.

By investing in students at an early stage of their academic journey, Capitec seeks to build a pipeline of future professionals who can contribute to data-driven, client-focused financial solutions.

Building a Future Workforce for Financial Innovation

The External Bursary Programme reflects broader trends in the financial services sector, where banks are increasingly investing in education and skills development to address future talent shortages in technology, data analytics, and quantitative disciplines.

Capitec’s initiative aligns with its strategy to strengthen internal capabilities in digital banking, customer experience, and innovation-driven financial services.

The programme is also expected to support socio-economic development by improving access to higher education for students from diverse backgrounds.

Application Deadline

Applications for the Capitec External Bursary Programme for the 2027 academic year close on 12 August 2026 at 14:00.

Interested students are encouraged to prepare all required documentation in advance and ensure that they meet the eligibility criteria before applying.

APPLY HERE

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Disclaimer: Global South Opportunities (GSO) is not the organization offering this opportunity. For any inquiries, please contact the official organization directly. Please do not send your applications & CVs to GSO, as we are unable to process them. Due to the high volume of emails, we receive daily, we may not be able to respond to all inquiries. Thank you for your understanding