FASSET Bursary 2021-2022 | How to Apply

FASSET Bursary 2021 | How to apply for FASSET bursary program 2021-2022, application forms, basic requirements, and application closing date 2021.

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

Accountancy means money. No company can thrive without good accountants. Becoming an accountant means studying hard and making ling days. It is not the easiest degree to get a hold on.

If you are successfully enrolled with a University you can apply for an accounting bursary.

Every day, Accounting Students are pondering the net about:

  • How to Apply for Accounting Bursary?
  • Companies offering Bursaries in South Africa for Accounting Students?
  • Who Qualifies for a Bursary in South Africa?
  • How Do You Get Accounting Bursary?
  • How Does Accounting 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.

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.

This 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

Basic Requirements for Accounting Bursaries

Students who want to apply for an Accountancy Bursary are required to have the following to qualify for a bursary.

  • You have to be a South African citizen with a valid ID Book / ID Card.
  • Provide proof you will need financial assistance.
  • Willingness to learn and a passion for accounting. Followed by outstanding academic records with a high grade in math

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.

Where Can You Study Accounting in South Africa?

Luckily you can study accounting at most Universities in the country.

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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