Thuthuka Bursary Fund Opportunity for CA-stream
Closing Date 31 July 2020
As a critical stakeholder in society, SAICA has undertaken the responsibility of ensuring that there is a consistent flow into the economy of adequately and suitably qualified accounting professionals who are representative of the country’s demographics. This is done via various skills development initiatives at primary, high school and tertiary education level. The Thuthuka Bursary (TBF) operating under TEUF, states that its primary activity is assisting disadvantaged African and Coloured students to become chartered accountants (CAs[SA]). This bursary is only open to students who want to become Chartered Accountant
Established in 2005 by South African Institute of Chartered Accountants (SAICA), the Thuthuka Bursary Fund (TBF) assists disadvantaged African and Coloured students who want to study to become CAs(SA).
A bursary fund like none other, TBF’s model covers more than just tuition, books, meals, residence fees and accommodation. The programme follows an integrated and holistic approach to ensure success, and students are also provided with ‘wrap around’ support in the form of among others:
- academic support, including various academic enrichment programmes such as additional tutorials, study skills workshops and more
- social and emotional support
- work-readiness and life skills training
- mentoring and counselling
- access to dedicated programme manager exposure to experienced chartered accountants and business leaders as mentors
Matric learners who wish to apply for the bursary must:
- be a South African citizen
- be black African or Coloured
- be either in Grade 12 or out of school (with Matric) for no more than two years
- have obtained at least 60% (5 or above on the NSC scale of achievement) in Mathematics in Grade 11 (Maths Literacy and Technical Maths learners are NOT considered)
- have enough points to qualify for university entrance and intend to study a BCom Accounting (CA-stream) degree
- have applied (or are in the process of applying) for a BCom Accounting (CA-stream) degree at a SAICA-accredited university offering the Thuthuka programme. (The full list of these universities offering the Thuthuka programme can be found on www.saica.co.za)
- come from a family that cannot financially support your tertiary education
- write and pass the National Benchmark Test (NBT) with minimum set criteria.
IMPORTANT TO NOTE
This document is an application only. It is not in any way an agreement or commitment for funding.
Successful applicants will be required to sign a contract with both Thuthuka Education and Upliftment Fund (TEUF) and National Student Financial Aid Scheme (NSFAS) for the purpose of being awarded a bursary.
Thuthuka Bursary cannot be used to pay for existing loans or debts.
The funding application is for the 2021 academic year.
Applicants will be considered according to academic performance, National Benchmark Test (NBT) results and financial need as determined by the NSFAS financial means test.
- Your application remains incomplete if:
- The consent form is not signed or
- All required documents are not uploaded.
All fields marked in red are compulsory
Your application is not submitted until you press “SUBMIT”