Capitec External Quantitative Skills Bursary South Africa 2027 | Apply Now

About the Capitec Quantitative Skills Bursary

Capitec Bank is currently South Africa’s second biggest retail bank, with more than 10 million customers and over 13,000 employees across its various branches. The bank serves individuals and businesses, but does not provide business banking for companies, close corporations, partnerships, or trusts.

The bank prides itself on offering low costs to their customers, allowing freedom for clients to pay per transaction and offering the highest interest rate on deposits.

The Capitec External Quantitative Skills Bursary South Africa 2027 invites students to apply for their external bursary programme for the 2027 academic year. The bursary aims to support students pursuing studies in fields that are critical to the future of banking and financial services.

Organisation: Capitec Bank • Focus: Quantitative Skills (Mathematics, Statistics, Actuarial Science, Data Science, etc.) • Academic Year: 2027

What Fields of Study Are Covered?

The Capitec External Quantitative Skills Bursary South Africa 2027 supports students majoring in the following fields:

Mathematics

• Applied or Pure Mathematics
• Mathematical Sciences
• Highly-related fields

Statistics

• Statistical Sciences
• Mathematical Statistics
• Highly-related fields

Actuarial Sciences

• Actuarial Science
• Statistics and Actuarial Science
• Mathematical Statistics

Combined Fields

• Computer Science
• Data Science
• Quantitative Finance/Management
• Econometrics
• Any related field

What Expenses Does the Bursary Cover?

The Capitec External Quantitative Skills Bursary South Africa 2027 will provide cover for the following expenses:

• Registration fees
• Full tuition
• Accommodation
• Textbooks
• Meal allowance

Note: The final details of what the bursary will cover will only be confirmed when successful applicants receive their final bursary award/pledge letter (signed by the sponsor).

Eligibility Requirements for the Capitec External Quantitative Skills Bursary South Africa 2027

Before you apply for the Capitec External Quantitative Skills Bursary South Africa 2027, check that you meet all the requirements below. If you miss any requirement, your application will not be considered.

• You must be a South African citizen
• You must be aged 28 or younger on 31 December 2026
• You must be a Matric student in 2026 or on a gap year after Matric in 2025
• You must be registered for full-time studies at any DHET/CHE registered tertiary institution (university, college, private colleges, etc.) for NQF-7 (or higher) qualifications: Bachelors Degree or Honours
• This opportunity is NOT open to N4/5/6, Higher Certificate, Diploma, Advanced Diploma, Masters, or Doctoral students
• NOT open to students at TVETs, Community Colleges, Graduate/Business School, or Distance-learning students (UNISA, etc.)
• Grade 12: Bachelor’s Pass with a minimum average of 65%
• Tertiary level: Academic performance average of 65% or above for the latest full academic years (2025 and 2026 so far)
• You must be enrolled as a full-time student in 2027
• You must be registered as a first-, second-, or third/final-year student
• You must be studying one of the qualifications listed above, specialising/majoring in one of them

Preference will be given to: Students on track to finish their qualification in the minimum time required (not N+1 or higher) and students in line with the sponsor’s transformation/employment equity objectives and requirements.

Additional Conditions and Obligations

• The bursary is renewable annually, based on academic performance, student engagement, and sponsor budgets
• Work-back obligation: You are obligated to work-back for every year of funding provided by Capitec, otherwise you may have to refund the value of the bursary benefits received (plus interest charges at the prime rate)
• Disclosure requirement: Any applicant or awardee later revealed to not be studying full-time (or having undisclosed paid-employment) may have their bursary contract/offer terminated and be required to refund all benefits paid
• Bursaries will only be awarded in line with the Employment Equity plan of the organisation
• Depending on application stage, candidates may be required to undergo screening, shortlisting, interview, and psychometric assessments

Required Documents

All certified documents must be less than 3 months old. Where you have multiple documents for one submission, please combine/scan them into one file that you can upload.

All Applicants

• Certified copy of your valid South African identity document
• Certified Parents/Guardian RSA ID (or non-SA Passport) or Death Certificate (if deceased)
• Proof of Household Income: Certified copy of SASSA docs or 3 months payslips of parents/guardians (Company registration documents if Self Employed) – attach police affidavits confirming unemployment if guardian/s are unemployed
• If funded by NSFAS: Upload all funding confirmation contracts, letters or offers. If not, submit police affidavit stating that you have never received NSFAS funding
• If funded by another bursary: Upload all funding confirmation contracts, letters or offers. If not, submit police affidavit stating that you have never received funds from another bursary or funding award

Scholar in Matric (or Gap-Year after Matric)

• Certified Grade 11 final year-end report (with official school stamp)
• Grade 12 latest (Term 2) school report – certified (with official school stamp)
• Certified copy of valid Matric certificate (if applicable)

Current Tertiary Student (Undergrad/Honours Enrolled in 2026)

• Certified copy of valid Matric certificate
• Certified copy of latest/June 2026 Official Academic Transcripts (or official institution report) or police affidavit stating why you were not schooling
• 2026 Official University Fee Statements – include lease agreement if off-campus accommodation
• Certified Full Tertiary Academic Records (for all years of tertiary study, even if at multiple institutions) or police affidavit stating why the student was not schooling

Gap-Year Student During Tertiary (Enrolled before 2026)

• Certified copy of valid Matric certificate
• Certified Full Tertiary Academic Records (for all years of tertiary study, even if at multiple institutions) or police affidavit stating why the student was not schooling

Optional Documents (for all applicants)

• If funded by NSFAS: Upload all funding confirmation contracts, letters or offers. If not, submit police affidavit stating that you have never received NSFAS funding
• If you have a disability: Submit Dept of Labour Employment Equity Act (EEA1) Form AND a Diagnosis Letter from Doctor

Important Information

• You’ll receive the funding and support you need to focus on what matters most – your studies – while gaining workplace exposure and staying connected to a business that’s all about growth and innovation
• Once you’ve completed your qualification, you’ll gain workplace readiness skills to help you transition confidently from campus to career
• Depending on application stage, candidates may be required to undergo screening, shortlisting, interview, and psychometric assessments
• For applicants under the age of 18, to comply with POPI regulations, a signed consent form completed by your parent/legal guardian along with a certified copy of their proof of identity is required (download guardian consent form)
• Should you not have heard back from us within 3 months of the application closing date, please consider your application as unsuccessful
• Successful applicants will be required to sign an agreement provided by the sponsor

Contact Information

If you have any queries related to the Capitec External Quantitative Skills Bursary South Africa 2027, please contact Capitec directly:

• Contact page: https://www.capitecbank.co.za/contact-us/
• Or use the chat blue “support” button on the application page

Capitec External Quantitative Skills Bursary South Africa 2027 – Quick Summary

• Organisation: Capitec Bank
• Bursary Name: Capitec External Quantitative Skills Bursary
• Academic Year: 2027
• Who can apply: South African citizens aged 28 or younger, in Matric or gap year
• Fields of study: Mathematics, Statistics, Actuarial Science, Data Science, Computer Science, Econometrics, Quantitative Finance/Management
• Study level: NQF-7 or higher (Bachelors or Honours) – NOT N4/5/6, Higher Certificate, Diploma, Advanced Diploma, Masters, Doctoral
• Institution type: DHET/CHE registered (NOT TVETs, Community Colleges, Graduate/Business School, or Distance-learning)
• Minimum academic requirement: 65% (Matric and/or tertiary)
• Age requirement: 28 or younger on 31 December 2026
• What is covered: Registration fees, full tuition, accommodation, textbooks, meal allowance
• Work-back obligation: Yes – one year for each year of funding
• Preference given to: Minimum-time completion, transformation/employment equity objectives
• Selection process: Screening, shortlisting, interview, psychometric assessments
• Required documents: ID, parents’ ID, proof of income, academic results, fee statements, NSFAS/bursary confirmation (or affidavits), guardian consent (if under 18)
• Application method: Online via AuraAMS portal
• Closing date: 12 August 2026 at 12 midday
• Notification period: Within 3 months of closing date