Engineering

PSG Bursary Programme

PSG Financial Services

The PSG Bursary Programme supports academically strong South African students who demonstrate financial need and are pursuing degrees in engineering and related quantitative fields. Run by PSG Financial Services, the programme aims to develop future talent and offers more than financial support, with mentorship and exposure to the financial services sector.

Amount
Full tuition and allowances
Deadline
Closed 30 September 2026
Renewable
Yes

Eligible Fields of Study

PSG Financial Services supports students in the following disciplines

Industrial Engineering
Electrical Engineering
Mechanical Engineering
Computer Engineering
Mechatronics
Mathematical Sciences

Eligibility Requirements

  • ✓ South African citizen
  • ✓ Academic average of 65% or higher
  • ✓ Demonstrate financial need
  • ✓ Registered or accepted at a recognised South African university
  • ✓ Studying full-time towards an eligible engineering or quantitative degree
  • ✓ Strong performance in Mathematics

What's Included

  • ✓ Tuition fees covered
  • ✓ Allowance for accommodation and living expenses
  • ✓ Textbook and study material allowance
  • ✓ Mentorship and career guidance
  • ✓ Vacation work opportunities
  • ✓ Potential graduate employment with PSG

Work Commitment

Bursary recipients may be required to complete vacation work and to work for PSG for a period after graduating, typically equal to the duration of the funded study.

How to Apply

Steps to complete your PSG Financial Services bursary application

  1. 1

    Check the PSG website for the current bursary cycle and opening dates

  2. 2

    Complete the online bursary application form

  3. 3

    Upload certified supporting documents

  4. 4

    Submit your academic results and proof of household income

  5. 5

    Attend an interview or assessment if shortlisted

  6. 6

    Await final selection by PSG

Required Documents

  • 📄 Certified ID copy
  • 📄 Certified matriculation certificate or latest Grade 11 results
  • 📄 Most recent university academic record (if applicable)
  • 📄 Proof of acceptance or registration at a recognised South African university
  • 📄 Proof of household income
  • 📄 Motivational letter

Frequently Asked Questions

Who can apply for the PSG Bursary Programme?
South African citizens with strong academic results and financial need who are studying full-time towards an eligible engineering or quantitative degree at a recognised South African university.
What academic average do I need?
Applicants should generally have an academic average of 65% or higher, with strong performance in Mathematics. Maintaining good results is usually a condition of keeping the bursary.
Is there a work-back obligation?
Yes. Bursary recipients are typically expected to complete vacation work and to work for PSG for a period after qualifying, usually equal to the length of the funded study.
When do PSG bursary applications close?
PSG announces its bursary cycle and closing dates each year. Check the PSG website for the exact dates of the current cycle and apply as early as possible.

2027 applications have closed

The 2027 application window closed on 30 September 2026.

Check PSG Financial Services's official site for the next application window.

Still need funding for 2027? See bursaries that are still open.

Check PSG Financial Services's official site

Information verified 2026-06-08. Always confirm details on the funder's official website before applying.

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