The Mabuza Foundation Scholarship 2022/2023 | How to Apply

The Mabuza Foundation Scholarship 2022 | How to apply for The Mabuza Foundation Scholarship bursary program 2022/2023, application forms, basic requirements, and application closing date 2022.

Are you an Accounting student looking for Accounting Bursaries in South Africa 2022? The Mabuza Foundation Scholarship invites an application from suitably and qualifies students for their bursary program 2022.

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 The Mabuza Foundation Scholarship bursaries and application details in 2022.

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.

The Mabuza Foundation Scholarship Progam 2022/2023 – Application Details

When do applications open?

20 September 2022

When do applications close?

31 October 2022

What requirements do I need to meet to be eligible?

– The Applicant should have completed Matric and should not be older than 35 years old;
– The Applicant should be a South African citizen with a valid identity document
– The Applicant should have obtained a 70% average (or above) for each subject and 70% average (or above) for the total average of the applicant’s subjects from the previous academic year;
– The Applicant must be able to prove that they have been accepted at any tertiary institution in the Republic of South Africa; for the following academic year, or that they are currently studying their 1st year and going onto their 2nd-year level at a South African university.
– The Applicant must be willing to specialize in either IT or Commerce fields of study
– The Applicant must be from a previously disadvantaged background with a household income not more than R350 000 per annum;
– The Applicant must be willing and dedicated to meet the academic requirements of the Foundation throughout their studies; and
– The Applicant must be insightful, diligent and have the enthusiasm to accomplish excellence.
– The Applicant must have the will to succeed, contribute, and to give back to their community

Documents required:

– Certified ID (for both the applicant and legal guardian/s or parent/s)
– Proof of income: Applicant’ payslip and/or parents’/ guardians’ payslip and/or SASSA letter and/or proof of UIF and/or affidavit or other relevant documentation to prove applicants or parents/ guardians income – Academic transcripts (High school and/or University)
– Motivational letter, motivating why the Eric and Charmaine Mabuza Foundation should be awarded to the applicant
– Affidavit: Parent/ guardian: The deponent of the Affidavit must state in his/her affidavit: His/her full name and surname, ID number (of both the applicant and the deponent), physical address, contact details, who they are in relation to the applicant, their employment status, if employed; who is their employer, contact details of their employer, how much they earn per annum, the living conditions of him/her and the applicant.
– Informal trader: The deponent of the Affidavit must state in his/her affidavit: His/her full name and surname, ID number(of both the applicant and the deponent), physical address, contact details, who they are in relation to the applicant, the type of trade they practice, the duration they have been trading, how much they earn per month (on average).
– Not residing with parents/ guardian/s: The deponent of the Affidavit must state: his/her full name and surname, ID number (of both the applicant and the deponent), physical address (of applicant and deponent), who they are in relation to the applicant, reasons as to why the applicant is not residing with his/her parents/ guardian/s, where the applicant resides and with whom.

Can I apply manually?

No

What do the Eric and Charmaine Mabuza Foundation fund? Is it an all-inclusive bursary?

The Eric and Charmaine Mabuza Foundation funds: tuition, accommodation, study material and an allowance (if the accommodation does not provide meals)

What are the stages of the application process?

First stage: Submission of application
Second stage: Interview (only candidates that have been shortlisted)
Third stage: Successful applicants will be contacted

Does the Eric and Charmaine Mabuza Foundation fund Honors and Masters Degrees?

No, the Eric and Charmaine Mabuza Foundation only funds undergraduate degrees.

Will I be expected to work for the funder’s organisation after completing my studies?

No, there is no condition that the recipient has to work for the funder.

What else is required from successful applicants once they complete their studies?

The bursary may require the following from the recipients after completion of their studies:
Attend Eric and Charmaine Mabuza Foundation events (when requested);
To partake in Eric and Charmaine Mabuza Foundation alumni activities’ (when requested);
Update the Eric and Charmaine Mabuza Foundation administrators on their contact details (cellphone number and email address) should they change;
To continue practicing and implementing the vision and mission of the Eric and Charmaine Mabuza Foundation, by paying it forward through giving back.

Click Here to Apply

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 Mabuza Foundation Scholarship bursary application 2022, Please kindly DROP A COMMENT below and we will respond to it as soon as possible.

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