Understanding the UNISA BANKSETA Bursary is crucial for individuals seeking financial assistance to pursue their studies. This article aims to provide valuable information about the bursary, its benefits, and answer some frequently asked questions.


The UNISA BANKSETA Bursary is a financial aid program offered by the University of South Africa (UNISA) in collaboration with the Banking Sector Education and Training Authority (BANKSETA). It is designed to support students who are interested in pursuing undergraduate or postgraduate studies in the banking and finance sector.

The bursary covers various fields of study, including accounting, economics, finance, risk management, and business administration. It aims to empower individuals with the necessary skills and knowledge to contribute to the growth and development of the banking industry in South Africa.

Benefits of the UNISA BANKSETA Bursary include full or partial coverage of tuition fees, prescribed textbooks, and a monthly stipend to assist with living expenses. Additionally, bursary recipients may have access to mentorship programs, networking opportunities, and internships within the banking sector.


1. How can I apply for the UNISA BANKSETA Bursary?

To apply for the bursary, you need to visit the UNISA website and complete the online application form. Ensure that you meet the eligibility criteria and submit all required documents before the specified deadline.

2. Who is eligible to apply for the bursary?

The bursary is open to South African citizens who have been accepted or are currently enrolled in an undergraduate or postgraduate program at UNISA. Applicants must demonstrate financial need, academic excellence, and a genuine interest in pursuing a career in the banking and finance sector.

3. What documents do I need to submit with my application?

Applicants are typically required to provide proof of South African citizenship, academic transcripts, a motivational letter, a certified copy of their ID, and proof of household income. It is essential to carefully review the application requirements and ensure that all documents are submitted as per the instructions.

4. How are bursary recipients selected?

The selection process involves a thorough assessment of applicants based on their academic performance, financial need, motivation, and potential to contribute to the banking sector. Shortlisted candidates may be invited for an interview or further evaluation before final decisions are made.

5. What are the obligations of bursary recipients?

Recipients of the UNISA BANKSETA Bursary are expected to maintain satisfactory academic progress, adhere to the terms and conditions of the bursary, and actively participate in any mentorship or internship programs offered. Failure to meet these obligations may result in the termination of the bursary.