Naspers Bursary 2022


About Naspers

Naspers is a multinational holding company based out of Cape Town, South Africa, that has investments in high-performing internet assets. It owns shares of major online publishers, retailers, and companies involved in the consumer internet sector.

Publicly traded at the Johannesburg Stock Exchange, Naspers is currently one of the valuable companies in the market.

Under the parent brand Naspers, there are four companies — three of which are wholly-owned subsidiaries. Those are Takealot.com, Media24, and Naspers Foundry. The latter is a venture capital fund that invests primarily in the South African internet services market.

Naspers Bursary 2022

The company is offering financial help to students via bursaries. Known as the Naspers Bursaries, these are meant for young black Africans who want to pursue higher studies but face financial hurdles.

For the academic session 2022, the bursaries will be awarded to students who are in the following fields of study:

  • Engineering
  • Science
  • Technology
  • Mathematics
  • Commerce
  • Business Sciences

Funding is available for first-year students through to those studying at the Honours level. They must be academically brilliant.

The bursary amount will be decided on an individual basis. However, the Naspers bursary guarantees to cover the following expenses:

  • Tuition fees for the entire duration of the study
  • Prescribed textbooks expenses
  • Accommodation cost
  • Meals
  • Living allowance

Along with that, first-year students will also receive a laptop from the company free of cost. They will have unrestricted access to the mentorship programmes, career guidance events, workshops, and monthly counselling sessions. All of these will help students join the workforce straight out of college.

The bursary requires the students to be actively involved in supporting local communities and giving back wherever possible.

Eligibility Criteria

To select the candidates for the bursary, Naspers has laid out specific eligibility criteria. Everyone applying for it must fulfill all the criteria with no room for relaxation. Failing to do will result in cancellation of your application. Therefore, always cross-check with the criteria and ensure you meet them.

The eligibility requirements for Naspers bursary 2022 are:

  • Must be a South African citizen
  • Must be a black male or female
  • Must have either completed Matriculation or currently in Matric
  • Must be pursuing education in one of the fields of study mentioned above
  • Must be either studying or willing to study at a recognised South African university
  • The total household income should not exceed R 650,000 per annum

The are other requirements that are different for 1st year, 2nd year, and Honours degree students.

For Matric students applying for the first year, they must have scored:

  • at least 60% in Mathematics (not Mathematical Literacy) in Grade 11 final results
  • at least 65% overall average in Grade 11 final results
  • at least 65% overall average in Matric June exams

For first-year students applying for the second year, they must:

  • be studying full-time and not part-time
  • have scored at least 65% overall average in June exams
  • have scored at least 65% in final results

For third-year students applying for Honours degrees, they must:

  • be on track for acceptance
  • have scored at least 68% in mid-year results
  • have scored at least 68% in final results

The bursaries will be awarded on a merit basis. So preference will be given to those with a more meritorious record.

How to Apply?

If you fulfill all the criteria, move forward with the application process. It’s a completely online process.

First, visit the Xhuma Portal and create an account. Naspers uses this platform to manage applications, and that’s how it will track yours. Complete your profile by providing your personal and academic details. You’d also have to attach your latest academic results. Once the account is set up, select the funder, which is Naspers.

Documents Required

Next, you’d have to prepare and upload the following documents on the XHuma portal:

  • ID documents
  • Proof of acceptance issued by the university
  • A motivation letter explaining why you deserve the bursary

Matric students are required to submit the following:

  • Grade 11 June results
  • Grade 11 final results
  • Matric latest results

1st/2nd-year students must submit:

  • Matric certificate
  • Complete university academic record

3rd-year students must submit

  • Matric certificate
  • Complete university academic record

Review everything and submit your application.

Closing Date

The last date to apply for the Naspers Bursary 2022 is 25 October 2021.

Contact Details

For more details, contact Naspers at [email protected].

If the bursary has already been closed, you are requested not to contact Naspers. View our other bursaries open for application here: https://allbursaries.co.za/notice/

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