Capitec Bank is offering an exciting opportunity for talented and driven students through its External Bursary Programme for the 2026 academic year. This bursary aims to provide crucial financial support and career development for those pursuing studies in fields critical to the future of banking and financial services.
Through this initiative, Capitec demonstrates its commitment to nurturing young talent, driving innovation, and shaping the next generation of leaders in the industry.
About Capitec Bank
Capitec has become one of South Africa’s most innovative financial institutions, earning the title of “The Coolest Bank by Gen Z’s in 2024.” The bank’s approach to banking is based on simplicity, accessibility, and affordability, and it strives to make financial services more relevant to people’s lives. By harnessing the power of technology, Capitec has revolutionized how people manage their finances, making banking more straightforward and efficient for its clients.
The bank’s mission extends beyond providing innovative banking solutions; it is also committed to empowering future leaders through its Ignite and Grow Campaign. This campaign is designed to identify and support the next generation of visionaries who will drive innovation in the banking sector.
The Bursary Programme
Capitec’s External Bursary Programme for 2026 is aimed at supporting students who are passionate about technology, data, business analysis, and related fields. The bursary is designed to ease the financial burden on students while also providing them with the necessary tools to succeed in their academic and professional lives. As part of the programme, successful candidates will receive both financial assistance and valuable workplace exposure to help them transition from campus to career.
The bursary will cover essential costs such as tuition fees, textbooks, accommodation, and meal allowances, ensuring that recipients can focus on their studies without the worry of financial constraints. Additionally, Capitec will offer a work-readiness programme to help students develop crucial career skills and integrate into the professional world seamlessly.
What the Bursary Covers
The Capitec External Bursary Programme offers the following benefits:
- Full tuition and registration fees
- Accommodation fees
- Textbooks and learning materials
- Meal allowance
These benefits ensure that students have the support they need to complete their studies successfully. However, the final details of what is covered will be provided to successful applicants upon receiving their bursary award letter.
Who Can Apply
The bursary programme is open to South African citizens who meet specific criteria. Applicants must be enrolled in full-time studies at a recognized tertiary institution in South Africa for the 2026 academic year. The bursary is specifically for undergraduate and honours degree students in the following fields:
- Actuarial Science
- Computer Science
- Information Systems
- Information Technology
- Digital Marketing
- Economics
- Finance
- Mathematics
- Quantitative Management
- Statistics
Candidates must demonstrate a strong academic record with a minimum average of 65% for Grade 12 students or for their most recent tertiary academic year. The bursary is not available to students pursuing diplomas, certificates, or postgraduate qualifications (including Master’s and Doctoral degrees).
Additional Eligibility Criteria
The bursary programme seeks candidates who exhibit a passion for learning, a strong problem-solving mindset, and the drive to innovate. Applicants who are on track to complete their qualifications within the minimum time required (without exceeding the standard duration of their program) will be preferred.
As part of Capitec’s commitment to transformation and employment equity, bursaries will be awarded in line with the company’s employment equity objectives. The bursary also carries a work-back obligation, which means that recipients will be required to work for Capitec for the same number of years they receive financial support. Failure to meet this requirement may result in the need to repay the bursary, including interest charges.
Application Process
To apply for the bursary, candidates must ensure that they submit all the required documents and follow the instructions carefully. Incomplete or inaccurate applications will not be considered.
Required documents include:
- Certified copy of the applicant’s South African ID
- Proof of household income (e.g., payslips, SASSA documents)
- Certified copies of Grade 11 and 12 school reports for matriculants
- Proof of university registration or fee statements for current tertiary students
- Academic transcripts from previous tertiary years
- Police affidavits if any required documents are not available
Applications must be submitted by Thursday, 31 July 2025, at 2 pm. Any applications received after this deadline will not be considered.
Check also: SACO PostGraduate Scholarship Programme 2025 – 2027
The Capitec External Bursary Programme is a fantastic opportunity for talented and ambitious students looking to make a difference in the world of banking and financial services. By providing financial support and career development opportunities, Capitec is investing in the future of the banking industry while ensuring that the next generation of leaders is equipped to thrive in an ever-evolving landscape.
If you are passionate about innovation, technology, and making a positive impact, this bursary could be your first step towards an exciting career with one of South Africa’s most forward-thinking financial institutions.