The stipend provided by BANKSETA for their bursary program varies depending on the specific bursary and the level of study. Generally, the stipend is intended to cover the cost of tuition fees, textbooks, and other study-related expenses, as well as provide a living allowance for the duration of the bursary.
The amount of the stipend may also depend on the financial need of the bursary recipient, as well as the cost of living in the area where the recipient is studying. Typically, the stipend is paid monthly or quarterly directly to the bursary recipient or their educational institution.
It’s important to note that the exact stipend amount may vary from year to year, and from one bursary program to another. If you are interested in applying for a BANKSETA bursary, you should check the details of the specific bursary program to find out more about the stipend amount and any other terms and conditions that may apply.