Capitec Opens Applications for the 2027 External Bursary Programme

Capitec has officially opened applications for its 2027 External Bursary Programme, giving academically strong South African students the opportunity to receive financial support while preparing for careers in banking, technology, business, and innovation.

The bursary is aimed at students who will be studying full-time in 2027 and are pursuing qualifications that support the future of financial services. Beyond funding, the programme includes professional development, workplace readiness training, and opportunities to build connections with one of South Africa’s leading digital banks.

Applications close at 12:00 (midday) on Wednesday, 12 August 2026.


Bursary Overview

Programme InformationDetails
ProgrammeCapitec External Bursary Programme
Academic Year2027
SponsorCapitec Bank
Bursary TypeUndergraduate Bursary
Study ModeFull-Time
Qualification LevelBachelor’s Degree or Honours Degree
Closing Date12 August 2026
Closing Time12:00 Midday

About Capitec

Capitec is one of South Africa’s largest retail banks, known for simplifying banking through innovation, technology, and customer-focused financial solutions.

The bank invests heavily in developing future professionals by supporting talented students who demonstrate academic excellence, leadership potential, and a passion for technology, business, and digital innovation.

Through its External Bursary Programme, Capitec aims to build a pipeline of graduates who can contribute to the future of banking and financial services.


About the Capitec External Bursary

The bursary supports students who will study full-time during the 2027 academic year.

In addition to financial assistance, successful bursary recipients participate in development initiatives that prepare them for the workplace after graduation.

The programme focuses on academic success, personal growth, and career readiness.


What the Bursary Covers

Successful applicants may receive funding for:

  • Full registration fees
  • Tuition fees
  • Accommodation
  • Prescribed textbooks
  • Meal allowance
  • Monthly stipend (where applicable)

Important: The final funding package will be confirmed in each successful applicant’s official bursary award letter.


Additional Benefits

Beyond financial assistance, students may also benefit from:

  • Workplace readiness training
  • Professional onboarding
  • Personal branding development
  • Career development support
  • Exposure to the banking industry
  • Networking opportunities with Capitec professionals

Fields of Study Covered

The bursary supports students registered for Bachelor’s or Honours degrees in the following fields:

  • Actuarial Science
  • Computer Science
  • Information Systems
  • Information Technology
  • Digital Marketing
  • Economics
  • Finance
  • Mathematics
  • Quantitative Management
  • Statistics

Quantitative Degree Applicants

Students studying highly quantitative qualifications such as:

  • Mathematics
  • Applied Mathematics
  • Statistical Sciences
  • Mathematical Statistics
  • Actuarial Science
  • Data Science
  • Quantitative Finance
  • Econometrics
  • Computer Science

should apply through Capitec’s Quantitative (Quants) Bursary Programme, as directed in the official bursary advertisement.


Eligibility Requirements

Applicants must:

  • Be South African citizens.
  • Be 27 years old or younger on 31 December 2026.
  • Be studying full-time in 2027.
  • Be registered at a DHET/CHE-recognised university or registered private higher education institution.
  • Be registered for an NQF Level 7 Bachelor’s Degree or Honours Degree.
  • Be in first, second, or final year of study during the application period.
  • Meet the academic requirements.

Academic Requirements

Applicants must have achieved:

Grade 12

  • Bachelor’s Pass.
  • Minimum average of 65%.

University

  • Minimum academic average of 65% for the latest completed academic year.

Who Cannot Apply?

The bursary is not open to:

  • TVET College students.
  • Community College students.
  • Distance learning students (including UNISA).
  • Higher Certificate students.
  • Diploma students.
  • Advanced Diploma students.
  • N4, N5 or N6 students.
  • Master’s students.
  • Doctoral students.

Selection Process

Depending on the recruitment stage, applicants may be required to complete:

  • Application screening
  • Shortlisting
  • Interviews
  • Psychometric assessments
  • Verification of qualifications
  • Employment equity assessment

Selection will also consider Capitec’s Employment Equity objectives.


Important Conditions

Applicants should note the following:

Annual Renewal

The bursary is reviewed every year and is renewed based on:

  • Academic performance
  • Student engagement
  • Available bursary funding

Funding for the entire qualification is not automatically guaranteed.

Work-Back Obligation

Successful bursary recipients must work for Capitec after graduation for the period specified in the bursary agreement.

Failure to fulfil the work-back obligation may require repayment of bursary benefits, together with applicable interest.

Full-Time Study Requirement

Students must remain full-time throughout the bursary period.

Failure to disclose employment or changes in study status may result in termination of the bursary agreement.


Why Apply?

The Capitec External Bursary offers:

  • Comprehensive financial support.
  • Career preparation.
  • Personal development.
  • Workplace readiness.
  • Industry exposure.
  • Professional networking.
  • Potential graduate employment opportunities.

Application Tips

To strengthen your application:

  • Apply before the deadline.
  • Ensure your academic average meets the minimum requirement.
  • Prepare certified academic records.
  • Submit all requested supporting documents.
  • Carefully complete every section of the online application.
  • Choose the correct bursary stream if studying a quantitative qualification.

Where to Apply

Applications must be submitted through the official Capitec External Bursary online application portal.

Applicants studying highly quantitative qualifications should apply through the dedicated Capitec Quantitative Bursary Programme as instructed in the official advertisement.


Closing Date

📅 Closing Date: 12 August 2026

🕛 Closing Time: 12:00 (Midday)

Late applications are unlikely to be considered.


Frequently Asked Questions (FAQs)

1. Who can apply?

South African citizens aged 27 years or younger who will study full-time in 2027 for a Bachelor’s or Honours degree.

2. Which qualifications are funded?

Bachelor’s and Honours degrees in approved fields such as Information Technology, Computer Science, Finance, Economics, Digital Marketing, Mathematics, Statistics, and related disciplines.

3. What expenses does the bursary cover?

The bursary may cover:

  • Tuition
  • Registration
  • Accommodation
  • Textbooks
  • Meal allowance
  • Stipend

Final benefits are confirmed in the bursary award letter.

4. Can Diploma students apply?

No. Diploma, Higher Certificate, Advanced Diploma, TVET, and distance-learning students are not eligible.

5. Is the bursary renewable?

Yes. Renewal depends on academic performance, student engagement, and available funding.

6. Is there a work-back agreement?

Yes. Successful bursary recipients are required to work for Capitec for the agreed period after graduation.

7. When do applications close?

Applications close at 12:00 midday on Wednesday, 12 August 2026.


Editorial Policy

This article has been independently prepared using information published by Capitec regarding the 2027 External Bursary Programme. It is intended for informational purposes only and is not affiliated with or endorsed by Capitec. Applicants should verify all bursary requirements, funding conditions, and application procedures through the official Capitec Bursary Portal before submitting an application.


Sources and References

  • Capitec Bank – External Bursary Programme 2027
  • Capitec Careers and Bursary Portal
  • Department of Higher Education and Training (DHET)
  • Council on Higher Education (CHE)
  • National Qualifications Framework (NQF)

Phindile Dlomo

About Author:Phindile Dlomo is the founder of SendCV, a platform focused on making learning simple and accessible while sharing trusted online opportunities. With a passion for empowering individuals, Phindile provides practical resources to support personal growth and career development.Contact me on: phindile@sendcv.co.za