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Thuthuka Bursary Fund for Incoming South African College students

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The Thuthuka Bursary Fund paves way for incoming South African College Students who dream of becoming Chartered Accountants.

Applications for the said bursary fund are now open. For the academic year 2021-2022, the deadline for application submissions will be on August 31, 2021.

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Photo by Ashraf Ali on Unsplash

Thuthuka Bursary Fund Details

Powered by the South African Institute for Chartered Accountants (SAICA), the Thuthuka Bursary Fund aims to select qualified individuals from the African and Coloured student body who are interested to become Chartered Accountants, for undergraduate BCom Accounting education programs.

SAICA is one of the most influential accountancy firms in the country.  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 levels. Thus, the Thuthuka Bursary Fund was established.

Furthermore, Thuthuka is searching annually for scholastically excellent students who are strong at Mathematics. However, those who perform strongly in other subjects should not be put off applying.

Please do note that the only accredited universities working with Thuthuka are:

Selection Criteria for South African College Students

Successful applicants will be required to sign a contract with both the Thuthuka Education and Upliftment Fund (TEUF) and the National Student Financial Aid Scheme (NSFAS) for the purpose of being awarded a bursary.

Moreover, the incoming South African college students will be considered according to academic performance, National Benchmark Test (NBT) results, and financial need as determined by the NSFAS financial means test.

It should be noted that the Thuthuka Bursary cannot be used to pay for existing loans or debts.

Other additional requirements for eligibility include:

How to Apply

To apply for the SAICA Thuthuka Bursary, please read through the rules and requirements found here. Also, the following supporting documents must be submitted along with your application:

  1. Signed consent form (download it for here)
  2. A certified copy of your Applicants ID
  3. A certified copy of your Parents / Guardians  ID
  4. A certified copy of your Parents / Guardians salary advice or Affidavit if unemployed
  5. A certified copy of your Grade 11 Results
  6. A certified copy of your Grade 12 Results
  7. University provisional acceptance letter (to be sent as soon as received)
  8. Full academic transcript if already at University
  9. Proof of registration, if already at University
  10. Your parents’ latest salary advice
  11. Certified Copies of ID or Birth Certificates of other school-going dependants in your home
  12. A stamped letter from your school confirming registration as well as your subjects.

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:

For more questions and clarifications about the opportunity, you may contact SAICA via email at janes@saica.co.za or constancem@saica.co.za.

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