How to Apply for BANKSETA Funding Window 2026: Universities of Technology and TVET Colleges
BANKSETA Opens 2026 Funding Window to Expand Workplace Learning Opportunities Across South Africa
The Banking Sector Education and Training Authority (BANKSETA) has officially opened applications for its Funding Window 2026 aimed at supporting workplace exposure opportunities for learners from Universities of Technology (UoTs) and Technical and Vocational Education and Training (TVET) Colleges.
The funding initiative seeks to improve employability among South African learners by providing institutions with financial support to facilitate workplace-based learning experiences that equip students with practical industry skills.
As South Africa continues to face high youth unemployment levels, workplace exposure programmes remain one of the most effective pathways for preparing graduates for successful careers within the banking, finance, insurance and broader business sectors.
What Is the BANKSETA Funding Window 2026?
The BANKSETA Funding Window is a workplace exposure funding programme designed to support learners who require practical work experience to complement their academic qualifications.
The initiative assists educational institutions in creating structured workplace learning opportunities that help students gain industry experience while improving their chances of securing permanent employment.
The programme aligns with South Africa’s national skills development priorities and contributes to building a more employable workforce.
Funding Support Available
BANKSETA has announced the following support periods:
| Learner Category | Duration |
|---|---|
| TVET College Learners | Up to 18 Months |
| University of Technology Learners | Up to 12 Months |
The workplace exposure support is intended to provide meaningful practical experience that enhances professional development and employability.
Who Can Apply?
Applications are open to:
- Public TVET Colleges
- Universities of Technology
- Eligible educational institutions involved in workplace learning initiatives
Can Individual Students Apply?
No.
Individual learners cannot apply directly to BANKSETA under this funding window.
Students who wish to participate should contact their institution’s:
- Work Integrated Learning Office
- Experiential Learning Department
- Career Services Centre
- Student Placement Office
These departments will provide information regarding available workplace exposure opportunities funded through the programme.
How to Apply for BANKSETA Funding Window 2026
Institutions interested in applying should follow the steps below.
Step 1: Visit the Official Application Portal
Access the official BANKSETA Funding Window application page:
https://bankseta.org.za/funding-window-1/funding-window-for-uot-and-tvet
Step 2: Download the Required Documents
Applicants must download and review:
- DG Funding Window Guidelines
- Funding Window Application Form
- Other Supporting Application Documentation
Carefully reviewing these documents is essential before completing the application.
Step 3: Complete the Funding Window Application Form
Fill in all required information accurately and ensure that supporting documentation is attached.
Incomplete applications may not be considered.
Step 4: Submit the Application Online
Submit the completed application through the official BANKSETA online application platform before the deadline.
Step 5: Monitor Communication from BANKSETA
Applicants should regularly check their email and institutional communication channels for updates regarding the status of their applications.
Important Dates
| Information | Details |
|---|---|
| Programme | BANKSETA Funding Window 2026 |
| Application Method | Online |
| Closing Date | 09 July 2026 |
| Closing Time | 16:00 |
Institutions are encouraged to submit applications well before the closing date to avoid last-minute technical challenges.
Why Workplace Exposure Matters
Many graduates struggle to enter the labour market because employers increasingly require practical experience alongside academic qualifications.
Workplace exposure programmes help learners:
- Develop practical skills
- Gain real workplace experience
- Improve employability
- Build professional networks
- Understand workplace culture
- Increase confidence in professional environments
These benefits can significantly improve a learner’s chances of securing employment after completing their studies.
Career Fields That May Benefit
Learners pursuing qualifications in the following areas may benefit from workplace exposure opportunities supported through this funding initiative:
- Banking
- Finance
- Accounting
- Human Resource Management
- Business Administration
- Economics
- Information Technology
- Insurance
- Risk Management
- Customer Service
- Financial Planning
- Supply Chain Management
Benefits for Educational Institutions
Participating institutions may benefit through:
- Improved graduate employability outcomes
- Stronger industry partnerships
- Enhanced workplace learning opportunities
- Increased student success rates
- Better alignment between education and industry needs
Frequently Asked Questions
Is this a bursary programme?
No. The programme focuses on workplace exposure and practical learning opportunities rather than bursary funding.
Can unemployed graduates apply directly?
No. Applications must be submitted by eligible TVET Colleges and Universities of Technology.
How long is the workplace exposure support?
TVET learners may receive support for up to 18 months while University of Technology learners may receive support for up to 12 months.
What is the closing date?
Applications close on 09 July 2026 at 16:00.
Where can institutions apply?
Applications can be submitted through the official BANKSETA portal:
https://bankseta.org.za/funding-window-1/funding-window-for-uot-and-tvet
Final Thoughts
The BANKSETA Funding Window 2026 provides an important opportunity for Universities of Technology and TVET Colleges to secure funding that supports workplace exposure opportunities for learners.
By investing in practical workplace experience, the programme contributes to skills development, employability and workforce readiness across South Africa. Institutions that qualify should ensure their applications are submitted before 09 July 2026 to take advantage of this valuable funding opportunity.
