The Banking Sector Education and Training Authority (BankSETA) assists in the transformation of the broader banking/microfinance sector and skills development. BankSETA is a statutory body that was established through the Skills Development Act in 1998 and amended in 2011.
BankSETA aims to alleviate unemployment by providing individuals with partnership and skills development opportunities, transforming and promoting employment equity, and ensuring broad-based black economic empowerment through skills development programmes.
Owing to skills development being recognised as a major need in South Africa, BankSETA puts its attention on youth/adult education, SME’S and continuous professional development and research.
The School of Accounting, Economics and Finance is one of the schools under the College of Law and Management Studies, at the University of KwaZulu-Natal. The school is spread across 2 campuses, namely the Westville Campus and the Pietermaritzburg Campus and offers a range of undergraduate and postgraduate programmes.
ABOUT THE BANKSETA / UKZN OUTSTANDING STUDENT DEBT FUND – FIELDS COVERED
BANKSETA is inviting students from the University of KwaZulu-Natal with outstanding student debt, to apply for funding for the 2024 academic year.
The BANKSETA historical debt fund is applicable to UKZN School of Accounting Finance & Economics students, who are pursuing or intending to pursue these Undergraduate and Postgraduate qualifications:
- Bachelor of Accounting
- Bachelor of Business Science
- Postgraduate Diploma in Accounting
- Postgraduate Diploma in Financial Planning
- Postgraduate Diploma in Finance Banking and Investment Management
- Postgraduate Diploma in Maritime Studies
- B Com Honours in Accounting (ACCA)
- B Com Honours in Finance and Economics
- B Com Honours in Management Accounting
- Master of Accountancy- Taxation
- Master of Accountancy – coursework
- Master of Commerce (Economics) – coursework
- Master of Commerce in Maritime Studies
MORE ABOUT THE BANKSETA / UKZN OUTSTANDING STUDENT DEBT FUND – COVERAGE VALUE & SELECTION
Candidates will be selected based on 2 main factors: academic merit and/or financial need. The value/ cover of the bursary will be discussed with successful candidates.
There are no contractual obligations or work obligations tied to this bursary funding programme.
ELIGIBILITY REQUIREMENTS FOR THE BANKSETA / UKZN OUTSTANDING STUDENT DEBT FUND
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):
- You must be under 35 years old when applying and must NOT be turning 35 years old in 2024
- You must be studying or intend on studying towards one of the above Undergraduate or Postgraduate qualifications in 2024
- You must be registered or plan to register at the University of KwaZulu-Natal in 2024
- You must have achieved a minimum overall average of 60% for your first and second-semester results in 2021
- You must have outstanding student debt
- Previous BANKSETA bursary recipients may apply if they are pursuing any of the qualifications above
HOW TO APPLY FOR THE BANKSETA / UKZN OUTSTANDING STUDENT DEBT FUND
Applications must be submitted online at: BANKSETA / UKZN Outstanding Student Debt Fund Application 2024
Submit clear copies of the following supporting documentation along with your application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID document (certified copy)
- Matric certificate (certified copy)
- Full academic record, including most recent results/ transcripts, if currently studying (on UKZN letterhead)
- UKZN fee statement (on UKZN letterhead)
CLOSING DATE FOR THE BANKSETA / UKZN OUTSTANDING STUDENT DEBT FUND
20 January.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE FUND PROVIDER
For any queries related to this bursary programme, please contact the University of KwaZulu-Natal directly:
Contact person: Ms Nonhlanhla Mkhize
Email: [email protected]