Education is the cornerstone of a successful future, but the financial burden of tertiary studies can make achieving one’s academic dreams challenging. PSG, a leading financial services group in South Africa, recognizes this need and has opened applications for the PSG Bursary program for the 2025 academic year. This article provides everything you need to know about this opportunity and how to apply.
About PSG: A Trusted Financial Partner
Established in 1998, PSG has grown into one of South Africa’s top financial services providers. With over 250 offices nationwide and operations in Namibia, PSG offers a diverse range of financial solutions. These services are categorized into:
- PSG Insure: Commercial and personal short-term insurance.
- PSG Wealth: Financial planning and wealth management for individuals, families, and businesses.
- PSG Asset Management: Global funds, segregated portfolios, and local unit trusts for individuals and institutions.
About the PSG Bursary Programme
PSG is dedicated to nurturing young talent and empowering students who aspire to excel in the fields of science, technology, engineering, and mathematics. Through their bursary programme, PSG aims to provide deserving students with financial support and opportunities to develop skills for South Africa’s competitive job market.
Fields Covered
The bursary is available for students pursuing a BSc degree in the following fields:
- Actuarial Science
- Electrical and Electronics Engineering
- Chemical Engineering
- Computer Engineering
- Computer Science
- Industrial Engineering
- Mathematical Science
- Mechanical Engineering
What the PSG Bursary Covers
The bursary is designed to ease the financial burden on students by covering key study-related expenses. These include:
- Registration fees
- Tuition fees
- Accommodation
- Book allowance
- Monthly allowance
This comprehensive support allows recipients to focus on their academic journey without worrying about financial constraints.
Eligibility Requirements
To qualify for the PSG bursary, applicants must meet the following criteria:
- Be a South African citizen.
- Have completed Matric or currently be in Matric.
- Be studying or planning to study toward a BSc degree in one of the eligible fields listed above.
Failure to meet any of these requirements will result in disqualification.
How to Apply for the PSG Bursary
Applications for the PSG Bursary must be submitted online. Follow these steps to apply:
- Visit the Application Portal: PSG Bursary Application 2025.
- Register an Account: Before applying, create an account on the portal.
- Login and Complete the Application Form: Use the account credentials to log in and fill out the application.
Supporting Documents
Ensure you submit the following compulsory documents with your application. Missing items could lead to disqualification:
- Certified copy of your ID document.
- Updated academic records or transcripts (on your institution’s letterhead).
- A comprehensive Curriculum Vitae (CV).
Key Dates to Remember
- Application Closing Date: 31 December 2024.
Late applications will not be considered, so submit your application on or before this date.
Contact PSG for Queries
If you have any questions about the bursary programme, feel free to reach out to PSG directly:
- Phone: 021 918 7800
- Email: recruitment@psg.co.za
Why Apply for the PSG Bursary?
PSG not only offers financial assistance but also provides recipients with the opportunity to be associated with a reputable organization in South Africa’s financial sector. By receiving a PSG bursary, students gain peace of mind and can dedicate themselves fully to their academic and professional growth.
Frequently Asked Questions
1. Can I apply if I am not currently studying but plan to enroll in 2025?
Yes, as long as you intend to study toward a BSc degree in one of the eligible fields.
2. What if I don’t have my final Matric results yet?
You can still apply if you are in Matric, but ensure you provide all required documents once they are available.
3. Will I need to repay the bursary?
PSG’s bursary typically focuses on supporting students without requiring repayment. However, specific terms may apply, so consult PSG for clarity.
Related: National Ceramic Industries Bursary 2025
The PSG Bursary 2025 is a golden opportunity for South African students aiming to pursue careers in critical STEM fields. With full financial support and access to an esteemed institution, PSG provides a platform for students to achieve academic and professional success. Don’t miss this chance—apply now and take a step toward securing your future.