Application for the South African Institute of Chartered Accountants (SAICA) Bursary 2024, is accessible to all students in South Africa at Saonlineportal.com, Here are the steps to Apply for the South African Institute of Chartered Accountants (SAICA) Bursary Application 2024, Eligibility, Requirements, Application Process, and Closing Date.
What is a Bursary?
A bursary is a financial award or scholarship given to students or individuals who demonstrate financial need or academic merit. Bursaries are typically provided by universities, colleges, private organizations, government agencies, and charitable foundations to help individuals cover the costs of tuition, fees, textbooks, and other expenses related to their education or training.
Unlike a loan, bursaries do not need to be repaid, which makes them an attractive option for students who may not have the means to pay for their education out of pocket. Bursaries may be awarded based on various criteria, including financial need, academic achievement, leadership potential, community involvement, and other factors.
South African Institute of Chartered Accountants (SAICA) Bursary Application Details 2024
SAICA: Thuthuka Bursaries 2024
South African Institute of Chartered Accountants (SAICA) invites students to apply for the 2024 Thuhuka Bursary Programme.
The Thuthuka Bursary is open to students who are studying towards a career in Chartered Accountancy – specifically the following undergraduate qualifications, at these selected institutions:
- University of Johannesburg – Bachelor of Accounting (course code: BCA012)
- University of Pretoria – BCom Accounting Sciences (course code: 07130042)
- University of Witwatersrand – BAcc Science (course code: CB008)
- The University of the Free State, Bloemfontein Campus – Bachelor of Accounting (course code: 6319)
- University of Fort Hare – BCom Accounting (course code: 60001)
- University of Cape Town – BCom (course code: CB023)
- The University of the Western Cape – BCom Accounting (course code: 1021) or BCom Accounting Extended Curriculum (course code: 1753)
- Stellenbosch University – BCom Accounting/ B Rek (course code: 3091001)
- Rhodes University – BCom Accounting
- Nelson Mandela University – BCom Accounting (course code: 40003)
- North-West University, Potchefstroom Campus – BCom CA (course code: 500 155 E371P)
- The University of Kwa-Zulu Natal, Westville Campus – BCom Accounting (course code: BCOA)
- University of Limpopo – Post Graduate Diploma in Accountancy (PGDA)
Requirements:
- You must be a South African citizen
- You must be a Black African or Coloured student
- You must be from a disadvantaged background
- You must be currently in Matric OR have completed Matric within the last 2 years OR be currently studying towards one of the qualifications listed above
- You must have achieved a minimum result of 60% for Mathematics in Grade 11 (NOT Mathematics Literacy or Technical Mathematics)
- You must have applied or are in the process of applying, to study towards one of the qualifications listed above, at one of the SAICA-accredited universities
- You must have a combined family income of NOT more than R350 000 per annum
- You must have written or will write the National Benchmark Tests (NBT) before the bursary closing date (read about the NBT here)
The bursary will provide cover for the following expenses:
- Tuition,
- Books,
- Meals,
- Residence fees / Accommodation.
Bursary recipients will also have access to the following benefits:
- Academic support (including various academic enrichment programmes: additional tutorials, study skills workshops, etc),
- Social and emotional support,
- Work-readiness and life skills training,
- Mentoring and counseling,
- Access to dedicated programme manager exposure to experienced chartered accountants and business leaders as mentors.
NB. The Thuthuka Bursary will NOT pay for existing loans or debts.
Bursary recipients will be required to sign a contract with the Thuthuka Education and Upliftment Fund (TEUF) and NSFAS. Bursaries are awarded annually and are renewed at the discretion of the fund.
Candidates will be selected based on 3 main criteria:
- Academic results,
- Financial need as determined by the NSFAS financial means test
- National Benchmark Test (NBT) results.
How to Apply
Applications must be submitted online at SAICA Thuthuka Bursary Application 2024
Required Documents:
Submit clear copies of the following supporting documents along with your application:
- ID document (certified copy)
- Grade 11 final results (certified copy)
- Matric latest results, if currently in Matric (certified copy)
- Matric final results, if completed Matric (certified copy)
- Proof of University provisional acceptance/ registration, if currently in Matric (on University letterhead)
- Full University academic record, if currently studying (on University letterhead)
- Parent’s or guardian’s ID documents (certified copies)
- Parents or guardians’ proof of income (latest payslips if employed, affidavit if unemployed) (certified copies)
- ID documents or birth certificates of other dependents in your family income (certified copies)
- Signed Thuthuka Consent Form (.pdf)
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