FASSET Bursary Application 2023-2024 Details

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FASSET Bursary Application 2023-2024: Are you a student struggling to finance your studies? Look no further than the FASSET Bursary.

This opportunity provides financial assistance and support for aspiring students pursuing careers in finance, accounting, and related fields.

If you dream of a successful career in these industries but lack the financial resources to pursue it, this bursary could be your ticket to success. Keep reading to learn more about eligibility requirements, application details, selection criteria, and scholarship benefits that could change your life!


What is the FASSET Bursary?

The FASSET Bursary is a financial aid program aimed at supporting students seeking to pursue careers in finance, accounting and related fields. The bursary provides funding for tuition fees, study materials and other academic expenses necessary to complete your studies.

This initiative was established by the Finance and Accounting Services Sector Education and Training Authority (FASSET) who seeks to promote skills development and create employment opportunities for South African youth. By providing educational funding, they aim to bridge the gap between unemployed graduates and job opportunities within these industries.

Unlike loans that need repayment after graduation or upon securing employment, receiving a FASSET bursary means you don’t have to worry about paying back the funds provided. It’s an excellent opportunity for young people who are passionate about pursuing their dreams but lack sufficient financial resources.

By investing in your education through this bursary scheme, you can build essential knowledge, skills, experience whilst enjoying long-term career benefits.


Who is eligible the FASSET Bursary Application?

The FASSET Bursary is a program aimed at assisting students who lack the financial means to pursue their studies in finance, accounting and related fields. As such, the eligibility criteria for this bursary are quite specific.

To qualify for the FASSET Bursary, you must be a South African citizen or permanent resident. You must also have obtained excellent academic results in either matric or your previous year of study if you’re already enrolled in tertiary education.

Furthermore, applicants should demonstrate that they come from a disadvantaged background by providing proof of household income not exceeding R350 000 per annum. This criterion aims to ensure that only those who truly require financial assistance can benefit from this opportunity.

Additionally, applicants should be willing to pursue undergraduate studies in one of the following fields: Accounting Sciences; Auditing; Management Accounting; Financial Accounting; Taxation; Cost & Management Accounting (CMA); and Internal Audit.

If you meet these requirements and are committed to completing your degree with flying colors while contributing positively towards society as an accountant or finance professional, then don’t hesitate to apply for the FASSET bursary today!


How to apply for the FASSET Bursary

Applying for the FASSET Bursary is a simple process, but you need to ensure that you meet the eligibility criteria before submitting your application. Firstly, you must be a South African citizen or permanent resident with valid identification. You should also have matriculated and obtained admission at an accredited South African tertiary institution.

To apply for the bursary, visit the FASSET website and download the application form. Fill in all required details accurately and attach all necessary supporting documents such as proof of income, academic results, identity document, etc. Incomplete applications will not be considered.

Ensure that you submit your completed application form before the closing date specified on their website. Late or incomplete applications will not be accepted so it’s important to double-check everything before submitting it.

Once submitted, your application will undergo a selection process where they will consider factors such as financial need and academic merit. Successful applicants will receive notification via email or phone call.

Applying for this bursary requires careful attention to detail but if done correctly can provide immense benefits towards achieving one’s education goals!


The selection process

Once you have submitted your application for the FASSET Bursary, it will go through a rigorous selection process. The selection committee will review all applications and select candidates based on certain criteria.

The first step of the selection process involves verifying that all applicants meet the eligibility requirements. Applicants who do not meet these requirements will not be considered further.

After this, the committee will evaluate each application based on academic performance, financial need, and extracurricular activities. They are looking to award bursaries to students who show exceptional potential in their chosen field and demonstrate a commitment to achieving their goals.

If you are shortlisted as a potential candidate for the FASSET Bursary, you may be invited for an interview with members of the selection panel. The interview gives them an opportunity to learn more about you and your motivation for pursuing your studies.

At the end of this process, successful candidates will receive notification that they have been awarded a bursary from FASSET. Remember that there is strong competition for these awards so make sure your application stands out by showcasing why you deserve it!


Bursary benefits

The FASSET Bursary provides a range of benefits to deserving students who receive the award. The bursary covers tuition fees, accommodation and textbooks for the academic year. This financial support enables students to focus on their studies without worrying about the financial burden that comes with pursuing higher education.

In addition, recipients of the FASSET Bursary will have access to professional development opportunities such as mentorship programs, career guidance sessions and networking events. These opportunities provide invaluable exposure to industry professionals and help recipients build important connections in their field of study.

Furthermore, being awarded a FASSET Bursary can enhance your CV and job prospects upon graduation. Employers are often impressed by candidates who have received bursaries as it shows dedication and commitment towards achieving academic excellence.

The benefits of receiving a FASSET Bursary extend far beyond just covering tuition costs. It offers an opportunity for personal growth, skill development whilst reducing financial stress during one’s studies.


Same Bursaries



The FASSET Bursary provides an excellent opportunity for deserving students to achieve their academic dreams in finance and accounting. By covering tuition fees, textbooks, accommodation, and a monthly allowance, this bursary ensures that successful applicants have everything they need to focus on their studies.

To apply successfully for the FASSET Bursary 2023-2024 application process, ensure you meet all eligibility criteria and submit your application before the deadline. Remember to provide all required documents as failure to do so could lead to disqualification.

If you’re passionate about finance or accounting and looking for financial assistance towards achieving your educational goals in these fields of study – look no further than the FASSET Bursary. Start preparing your application today!