Thuthuka Bursary Application 2022. South African Institute of Chartered Accountants (SAICA) invites qualifying student to apply for Thuthuka Bursary Programme 2022 academic year.

Thuthuka Bursary Closing Date: 31 August 2021

The South African Institute of Chartered Accountants (SAICA) is constantly working to fix the member demographics of the chartered accountancy profession to be reflective of those of the country. One of the ways in which it does this is through the Thuthuka Bursary.

Thuthuka Bursary Requirements

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 or a university student currently studying a CA-stream BCom degree;
Have obtained at least 60% (5 or above on the NSC scale of achievement) in Mathematics in Grade 11 or Matric (Maths Literacy and Technical Maths learners are NOT considered);
Have applied to or are currently studying a BCom Accounting (CA stream) degree at a Thuthuka partner university. The full list of universities offering the Thuthuka programme can be found on SAICA’s website;
come from a family that has a combined income of R350 000 per annum or less; and
write and pass the National Benchmark Test (NBT).

What the bursary covers:

The covers the following as a basic: Tuition, Books, Meals, Residence fees and Accommodation for the full years of study where a student continues to pass their degree within the requisite time period.

Moreover, the programme follows an integrated and holistic approach to ensure success, by providing students 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 and
access to dedicated programme manager exposure to experienced chartered accountants and business leaders as mentors

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 2022 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.