{"id":12051,"date":"2024-08-28T06:00:00","date_gmt":"2024-08-28T06:00:00","guid":{"rendered":"https:\/\/collegeguide.co.za\/?p=12051"},"modified":"2024-08-28T06:00:00","modified_gmt":"2024-08-28T06:00:00","slug":"the-2024-electrum-bursaries-opened","status":"publish","type":"post","link":"https:\/\/uni1.co.za\/articles\/the-2024-electrum-bursaries-opened\/","title":{"rendered":"The 2026 Electrum Bursaries Opened"},"content":{"rendered":"\n<div class=\"advads-atf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"advads-1330623216\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads atf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"8381596201\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div><p>The Electrum has opened its 2026 year-round bursary program and they are inviting all applicants to apply now. All interested applicants should apply using the details below.<\/p>\n\n\n\n<p>Electrum, a Cape Town-based tech company, provide enterprise payments technology to retailers, mobile network operators and financial institutions. One of the most successful FinTech companies in South Africa, Electrum process over a billion transactions each year, with big name customers like Shoprite; Pick n Pay; Clicks; Capitec and Massmart.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">ABOUT THE BURSARY PROGRAMME \u2013 FIELDS COVERED &amp; COVERAGE VALUE<\/h3>\n\n\n\n<p>Electrum have 3 bursary programmes available for studies within the fields of\u00a0<strong>Computer Science, Computer Engineering or related fields<\/strong>:<\/p>\n\n\n\n<p><strong>1) AAA Electrum Academic Bursary:<\/strong>&nbsp;covers studies in: Computer Science, Computer Engineering and related fields. Provides cover for the following study related expenses: tuition fees (for final year of study), textbooks, new laptop and accommodation. The bursary also provides the bursary recipient with an internship position and mentorship. Students are required to work for the company for 1 year after completing their studies.<\/p>\n\n\n\n<p><strong>2) All About Awesome Women in Tech Bursary:<\/strong>&nbsp;covers female students for studies in: Computer Science, Computer Engineering and related fields. Provides cover for the following study related expenses: tuition fees (for final year of study), textbooks, new laptop and accommodation. The bursary also provides the bursary recipient with assistance with CV building, coaching on interview techniques and career guidance from mentors.<\/p>\n\n\n\n<p><strong>3) Electrum Foundation Bursary:<\/strong>&nbsp;covers studies in: Computer Science, Computer Engineering and related fields, for students who are in financial need. Provides cover for the following study related expenses: tuition fees and textbooks.<br>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">MORE ABOUT THE BURSARY PROGRAMME \u2013 SELECTION<\/h3>\n\n\n\n<p>Shortlisted candidates will be contacted and invited to a 2 hour technical interview \u2013 if you have not received any feedback, please regard your application as unsuccessful.<br>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">ELIGIBILITY REQUIREMENTS<\/h3>\n\n\n\n<p>Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):<br><strong>1) AAA Electrum Academic Bursary<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Must be studying towards a qualification in Computer Science, Computer Engineering or a related field of study<\/li><li>Must be in your 2nd or final year of undergraduate studies or Honours year of study<\/li><li>Must be studying at Stellenbosch University or the University of Cape Town<\/li><li>Must have achieved a minimum result of 65% for all Computer Science modules<\/li><li>Must maintain a minimum overall average of 65%<\/li><li>Must have NOT failed any subjects<\/li><li>Must have good communication skills<\/li><\/ul>\n\n\n\n<p><strong>2) All About Awesome Women in Tech Bursary<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Must be a Female<\/li><li>Must be studying towards a qualification in Computer Science, Computer Engineering or a related field of study<\/li><li>Must be in your 2nd or final year of undergraduate studies or Honours year of study<\/li><li>Must be studying at Stellenbosch University or the University of Cape Town<\/li><li>Must have achieved a minimum result of 65% for all Computer Science modules<\/li><li>Must have good communication skills<\/li><li>Female students from previously disadvantaged backgrounds are encouraged to apply<\/li><\/ul>\n\n\n\n<p><strong>3) Electrum Foundation Bursary<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Must be studying towards a qualification in Computer Science, Computer Engineering or a related field of study<\/li><li>Must be in your 2nd or 3rd year of undergraduate studies or Honours year of study<\/li><li>Must be studying at Stellenbosch University, University of Cape Town, University of Western Cape, Cape Peninsula University of Technology or UNISA<\/li><li>Must NOT have the financial means to fund your studies<\/li><li>Must have good communication skills<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">HOW TO APPLY FOR THE BURSARY<\/h3>\n\n\n\n<p>Students who meet the above minimum requirements, can apply by submitting clear copies of the following documentation (the submission of these documents is compulsory \u2013 if any items are missing, your application be disregarded):<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Latest university transcripts (on tertiary letterhead)<\/li><li>Full Curriculum Vitae<\/li><\/ul>\n\n\n\n<p>Documents must be submitted via email to:&nbsp;<strong><a href=\"mailto:%20careers@electrum.co.za\">careers@electrum.co.za<\/a><\/strong><\/p>\n\n\n\n<p>Please ensure that you indicate which bursary you are applying for, by inserting one of the following into your email subject line:<br>1) \u201cAAA Electrum Academic Bursary \u2013 Your Full Name\u201d<br>2) \u201cAll About Awesome Women in Tech Bursary \u2013 Your Full Name\u201d<br>3) \u201cElectrum Foundation Bursary \u2013 Your Full Name\u201d<br>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">CLOSING DATE<\/h3>\n\n\n\n<p>None \u2013 applications are open throughout the year.<br>(Applications submitted after this date will not be accepted \u2013 please apply before the closing date to ensure your application is considered.)<br>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">CONTACT THE BURSARY PROVIDER<\/h3>\n\n\n\n<p>For any queries related to this bursary programme, please contact Electrum directly:<br>Tel: 021 448 6422<br>Email: careers@electrum.co.za<\/p><div class=\"advads-content\" id=\"advads-4221134476\"><div style=\"width: 300px; padding: 20px; margin: 0 auto; border: 1px solid #ddd; border-radius: 8px; background-color: #f9f9f9; text-align: center; font-family: Arial, sans-serif;\">\r\n    <p style=\"font-size: 16px; margin: 0 0 10px;\">Need Information or Confused about Something ? <\/p>\r\n    <a href=\"https:\/\/onlineapplications.co.za\/ask\/\" style=\"display: inline-block; padding: 10px 20px; background-color: #007BFF; color: #fff; text-decoration: none; border-radius: 4px; transition: background-color 0.3s;\">Ask a Question<\/a>\r\n<\/div>\r\n<\/div><div class=\"advads-btf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"advads-1584278880\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads btf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"5513273173\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div>\n<div class=\"advads-cpc\" id=\"advads-1836733719\"><p>&nbsp;<\/p>\n<hr \/>\n<p>Sponsored Guide<\/p>\n<hr \/>\n<p><strong>Complete Guide to NSFAS Online Loan Application for South African Students (2025)<\/strong><\/p>\n<p>If you are a South African student looking to pursue higher education but are facing financial difficulties, the <strong>National Student Financial Aid Scheme (NSFAS)<\/strong> is one of the most accessible funding options available. NSFAS provides financial aid in the form of <strong>bursaries and loans<\/strong> to qualifying students at public universities and TVET colleges in South Africa.<\/p>\n<p>This guide will walk you through <strong>everything you need to know about the NSFAS loan application process<\/strong>, from eligibility requirements to application steps and frequently asked questions.<\/p>\n<hr \/>\n<h2>\ud83d\udccc What is NSFAS?<\/h2>\n<p>The <strong>National Student Financial Aid Scheme (NSFAS)<\/strong> is a government-funded financial aid scheme aimed at helping students from low- and middle-income households to access tertiary education without the burden of upfront fees.<\/p>\n<p>NSFAS <strong>offers both bursaries and income-contingent loans<\/strong>:<\/p>\n<ul>\n<li><strong>Bursaries<\/strong>: For eligible students who meet academic and household income criteria (especially for TVET and university students).<\/li>\n<li><strong>Loans<\/strong>: For students who do not meet all bursary criteria or who are pursuing postgraduate qualifications not funded under bursary schemes.<\/li>\n<\/ul>\n<hr \/>\n<h2>\u2705 Who Qualifies for an NSFAS Loan?<\/h2>\n<p>To qualify for an NSFAS loan (especially for postgraduate students or programs not funded under the bursary system), you must:<\/p>\n<ul>\n<li>Be a <strong>South African citizen<\/strong>.<\/li>\n<li>Be <strong>financially needy<\/strong>, with a household income of <strong>less than R350,000 per year<\/strong>.<\/li>\n<li>Have a <strong>valid South African ID<\/strong>.<\/li>\n<li>Be <strong>enrolled or accepted<\/strong> to study at a <strong>public university or TVET college<\/strong>.<\/li>\n<li>Not be funded through another bursary program that covers all expenses.<\/li>\n<li>Maintain satisfactory <strong>academic progress<\/strong> (returning students).<\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcda Courses Funded by NSFAS<\/h2>\n<p>NSFAS primarily funds <strong>undergraduate qualifications<\/strong>, but certain <strong>postgraduate programs (e.g., PGCE, postgraduate diplomas in education, and professional courses like LLB)<\/strong> may be considered under the <strong>NSFAS loan scheme<\/strong>, not bursaries.<\/p>\n<p>If you\u2019re studying:<\/p>\n<ul>\n<li><strong>Undergraduate degree or diploma<\/strong>: You are likely eligible for a full NSFAS bursary.<\/li>\n<li><strong>Postgraduate study<\/strong>: You may qualify for a loan, depending on the course and funding availability.<\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcc4 Required Documents for NSFAS Application<\/h2>\n<p>When applying, make sure you have the following documents scanned and ready:<\/p>\n<ol>\n<li><strong>Certified copy of your South African ID or Smart Card<\/strong>.<\/li>\n<li><strong>Parent(s) or guardian(s) ID documents<\/strong>.<\/li>\n<li><strong>Proof of income<\/strong> (latest payslips, UIF, or affidavit if unemployed).<\/li>\n<li><strong>Consent Form<\/strong> signed by your parent(s)\/guardian(s) to allow NSFAS to verify income.<\/li>\n<li><strong>Proof of registration or acceptance at a public institution<\/strong>.<\/li>\n<li><strong>Academic transcripts<\/strong> (for continuing or postgraduate students).<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\udda5\ufe0f How to Apply for an NSFAS Loan Online<\/h2>\n<h3>Step-by-Step NSFAS Online Application Process (2025)<\/h3>\n<ol>\n<li>\n<h3><strong>Visit the NSFAS Website<\/strong><\/h3>\n<p>Go to: <a href=\"https:\/\/www.nsfas.org.za\/\">https:\/\/www.nsfas.org.za<\/a><\/li>\n<li>\n<h3><strong>Create an Account<\/strong><\/h3>\n<ul>\n<li>Click on <strong>\u201cMyNSFAS\u201d<\/strong> and register your profile.<\/li>\n<li>You\u2019ll need a <strong>valid email address<\/strong> and <strong>South African cellphone number<\/strong>.<\/li>\n<li>Choose a strong password and verify your account via email or SMS.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Login and Start the Application<\/strong><\/h3>\n<ul>\n<li>After registration, log in to your <strong>MyNSFAS<\/strong> account.<\/li>\n<li>Click on <strong>\u201cApply\u201d<\/strong> to begin a new application.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Fill in Your Personal Details<\/strong><\/h3>\n<ul>\n<li>Input your <strong>ID number<\/strong>, name, surname, and other details exactly as they appear on your ID.<\/li>\n<li>Provide <strong>household income information<\/strong> and living arrangements.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Upload Required Documents<\/strong><\/h3>\n<ul>\n<li>Upload all supporting documents in <strong>PDF or JPEG format<\/strong>.<\/li>\n<li>Each document must be clear and under the size limit specified.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Submit Your Application<\/strong><\/h3>\n<ul>\n<li>Review your application for accuracy.<\/li>\n<li>Click <strong>\u201cSubmit\u201d<\/strong> and wait for a confirmation message.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Track Your Application<\/strong><\/h3>\n<ul>\n<li>Log in regularly to check your application status.<\/li>\n<li>You will be notified via SMS and email at each stage of the process.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\uddd3\ufe0f Important NSFAS Dates (2025)<\/h2>\n<ul>\n<li><strong>Application Opening Date<\/strong>: September 1, 2025<\/li>\n<li><strong>Application Deadline<\/strong>: January 31, 2026<\/li>\n<li><strong>Appeals Period<\/strong>: February 2026 (if rejected)<\/li>\n<li><strong>Disbursement<\/strong>: After registration and approval<\/li>\n<\/ul>\n<p><em>Note: Dates are subject to change; always confirm on the official NSFAS website.<\/em><\/p>\n<hr \/>\n<h2>\ud83d\udcb8 What Does the NSFAS Loan Cover?<\/h2>\n<p>NSFAS funding typically includes:<\/p>\n<ul>\n<li><strong>Tuition fees<\/strong><\/li>\n<li><strong>Registration fees<\/strong><\/li>\n<li><strong>Accommodation (if living away from home)<\/strong><\/li>\n<li><strong>Meals and transport<\/strong><\/li>\n<li><strong>Learning materials (e.g., textbooks)<\/strong><\/li>\n<\/ul>\n<p>For <strong>loans<\/strong>, repayment is only required <strong>once you start working and earn above a threshold<\/strong> (around R30,000 annually, but subject to change).<\/p>\n<hr \/>\n<h2>\ud83d\udd04 NSFAS Loan Repayment<\/h2>\n<p>Repayments are:<\/p>\n<ul>\n<li><strong>Income-contingent<\/strong> \u2013 you only repay when you can afford to.<\/li>\n<li>Administered by <strong>DHET (Department of Higher Education and Training)<\/strong>.<\/li>\n<li><strong>Interest-bearing<\/strong>, but interest rates are low and favorable.<\/li>\n<\/ul>\n<p>You can also apply for a <strong>partial loan conversion to a bursary<\/strong> if you perform well academically.<\/p>\n<hr \/>\n<h2>\ud83d\udd01 How to Appeal a Rejected NSFAS Application<\/h2>\n<p>If your application is rejected, you may submit an appeal via your MyNSFAS portal:<\/p>\n<ol>\n<li>Log into your MyNSFAS account.<\/li>\n<li>Click on <strong>\u201cTrack Funding Progress\u201d<\/strong>.<\/li>\n<li>If rejected, click on <strong>\u201cSubmit Appeal\u201d<\/strong>.<\/li>\n<li>Upload any missing or corrected documents.<\/li>\n<li>Provide a clear explanation or motivation.<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\udcf1 NSFAS Contact Information<\/h2>\n<ul>\n<li><strong>Website<\/strong>: <a href=\"https:\/\/www.nsfas.org.za\/\">https:\/\/www.nsfas.org.za<\/a><\/li>\n<li><strong>Email<\/strong>: <a href=\"mailto:info@nsfas.org.za\">info@nsfas.org.za<\/a><\/li>\n<li><strong>Toll-Free Number<\/strong>: 08000 67327 (Monday\u2013Friday, 8 AM\u20135 PM)<\/li>\n<li><strong>Twitter<\/strong>: <a href=\"https:\/\/twitter.com\/myNSFAS\">@myNSFAS<\/a><\/li>\n<li><strong>Facebook<\/strong>: <a href=\"https:\/\/www.facebook.com\/myNSFAS\">NSFAS<\/a><\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcdd Final Tips Before Applying<\/h2>\n<ul>\n<li>Apply <strong>early<\/strong> to avoid system overload near the deadline.<\/li>\n<li>Use <strong>your own email and cellphone number<\/strong> (do not use someone else\u2019s).<\/li>\n<li>Double-check that all your documents are <strong>certified and legible<\/strong>.<\/li>\n<li>Keep a <strong>copy of your submission confirmation<\/strong> for reference.<\/li>\n<\/ul>\n<hr \/>\n<p>By following this guide, you can confidently apply for NSFAS funding and move one step closer to achieving your academic and career dreams\u2014without the burden of immediate financial pressure.<\/p>\n<p>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Electrum has opened its 2026 year-round bursary program and they are inviting all applicants to apply now. All interested applicants should apply using the details below. Electrum, a Cape Town-based tech company, provide enterprise payments technology to retailers, mobile network operators and financial institutions. One of the most successful FinTech companies in South Africa,\u2026 <span class=\"read-more\"><a href=\"https:\/\/uni1.co.za\/articles\/the-2024-electrum-bursaries-opened\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12051","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts\/12051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/comments?post=12051"}],"version-history":[{"count":0,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts\/12051\/revisions"}],"wp:attachment":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/media?parent=12051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/categories?post=12051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/tags?post=12051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}