Fasset Bursary Application 2021-2022 | Requirements / Closing Date

Filed in Bursary by on October 7, 2020 0 Comments

Fasset Bursary 2021 | How to apply for Fasset bursary program 2021-2022, South Africa Government bursaries application forms 2021, basic requirements, and application closing date 2021.

Are you a student looking for Government Bursaries in South Africa 2021? Fasset invites an application from suitably and qualifies students for their bursary program 2021.

There are a variety of companies offering Bursaries in South Africa. Fasset is one of the companies that offered Government Bursaries for Students. If you are successfully enrolled with a University you can apply for Bursary.

Every day, Students are pondering the net about:

  • How to Apply for Bursary 2021?
  • Companies offering Bursaries in South Africa Students?
  • Who Qualifies for a Bursary in South Africa?
  • How Do You Get Bursary Application form 2021?
  • How Does Bursary Work?

Let’s dive into the full information about Fasset bursaries and application details in 2021.

bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university, or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into the study.

We can not guarantee that all information on this website is 100% correct as Bursary opportunities can get updated. We always do our best to give the most updated information, but ALWAYS check the official companies website for the latest information.

What do Government Bursaries Cover?

A Bursary offered by a local municipality or Province will work in the same way as other bursaries. They will over fees for:

  • Registration
  • Tuition
  • Accommodation
  • Living costs
  • Books and other materials

However, you will notice that most bursaries are capped by value. This means that they will only pay a certain amount of money for your study and most likely this will not be enough to cover everything. These bursaries are a great help but you will often need to pay a bit out of your own pockets or try to get work besides your study

Work for the Government

Although you don’t have to pay back a bursary, the institution offering the bursary will often ask for payback in the form of service. After you finished your education you will need to pay with service for the number of years you received the bursary. Make sure to read the small letters on the bursary contract.

How to find local Bursary Opportunities?

Finding bursaries offered by local municipalities and Provinces is not always straightforward. They are hard to find online and often the ones you can find online are outdated. Therefore it is always a smart thing to contact your local Municipality or Province to see if there are bursaries available.

Fasset Bursary Progam 2021-2022 Application Details

About FASSET

FASSET is the Finance and Accounting Services Sector Education and Training Authority. The finance and accounting services sector is particularly important because it is the largest employer of people with financial management, accounting, and auditing skills. In 2012 more than 135 000 people worked in the sector. The Financial and Accounting Services Sector refers to the organisations served by Fasset. FASSET BursaryThis sector includes: investment entities and trusts and company secretary services; stockbroking and financial markets; financial development organisations; accounting, bookkeeping, auditing and tax services; business and management consulting services; the South African Revenue Service; the national and provincial treasuries; and other activities auxiliary to financial intermediation, such as debt collection.

About the FASSET Bursary

FASSET’s mission is to:

  • increase the flow of new finance and accountancy entrants to employment;
  • develop and grow skills required in the sector; and
  • facilitate the transformation of the finance and accountancy sector.

The introduction of the Bursary Scheme is a vehicle that will assist in facilitating the achievement of FASSET’s mission. The purpose of the bursary is to incentivise employers to financially assist learners to complete their tertiary qualification.

It is a full bursary which means the following will be covered:

  • Full Tuition;
  • Accommodation;
  • Meals; and
  • Books

Areas of study
Only qualifications linked to FASSET’s scarce skills will be funded and the guide can be found on the website at www.fasset.org.za. under “The list of FASSET’s top ten (10) scarce skills for 2017/18”. The list of scarce skills are comprised of the following occupations:

  1. Accounts and Auditors
  2. ICT Professionals
  3. Management Consultants
  4. Financial Markets Professionals
  5. Bookkeeping, Accounting Technician and Clerks
  6. Internal Auditors and Risk Managers
  7. Actuaries and Statisticians
  8. Debt Collectors
  9. Marketing Professionals
  10. Economists

FASSET bursary requirements?

Applicants need to meet all the following requirements:

  • Penultimate or final year of their undergraduate studies;
  • must be a Black South African citizen or coloured South African citizen from the Western Cape or Northern Cape;
  • disabled candidates of any race;
  • must undertake full-time undergraduate studies in a recognized public South African tertiary institution;
  • must intend to study one of the qualifications linked to the top ten scarce skills list;
  • Total combined household income between R123,000 and R600,000 per annum

Our online bursary registration form

Basic Requirements for Government Bursaries

  • Candidates must be a South African citizen with a valid ID Book / ID Card.
  • Candidates must be able to prove their need for financial aid.
  • Candidates must have outstanding academic records with proof of acceptance at a higher learning institute.
  • Candidates must prove that they are from a previously disadvantaged background.

With these fields of study available, the doors to South Africa and the world is open to successful students.  There are many local and international companies one could consider when looking at any of the fields accessible although candidates have to confirm ahead of time with the departments if there will be a work-back period.

Make sure to read every detail of your Bursary contract. Not every company offers the same rewards and some companies will ask you to work for them as long as you have held the bursary.

However, if you have queries regarding the Fasset bursary application 2021, Please kindly DROP A COMMENT below and we will respond to it as soon as possible.

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