FASSET Bursary for South African Students 2024

If you are a South African student looking for financial assistance to pursue your studies in the finance and accounting sector, the FASSET Bursary can help you achieve your educational goals. The Finance and Accounting Services Sector Education and Training Authority (FASSET) offers this bursary to support students like you in their educational advancement.

Key Takeaways:

• The FASSET Bursary is available for South African students pursuing studies in the finance and accounting sector.
• It provides funding for tuition fees, textbooks, accommodation, meal allowance, and data allowance.
• The bursary is open to eligible Black South African citizens, colored South African citizens from the Western Cape/Northern Cape, disabled candidates of any race, and full-time students at recognized public South African tertiary institutions.
• Applicants must meet specific eligibility criteria, including being South African citizens, studying in the finance and accounting sector, and having a good academic record.
• To apply, students can choose between an online application or downloading the application form and submitting it via fax, email, or post.

About FASSET

FASSET, one of the largest companies in South Africa, is dedicated to providing financial management and accounting skills to students. Their mission is to support educational advancement in the finance and accounting sector, contributing to the growth of South Africa’s economy. With their expertise and resources, FASSET plays a crucial role in shaping the future of finance professionals in the country.

FASSET focuses on promoting accountancy skills and professional development, empowering students to excel in their chosen fields. By offering financial assistance through the FASSET Bursary, they ensure that students have the opportunity to pursue higher education without the burden of financial constraints. This support extends beyond tuition fees and covers other student needs, such as textbooks, accommodation, and meal allowances.

As South Africa’s premier provider of financial management and accounting skills, FASSET is committed to equipping students with the knowledge and expertise necessary to succeed in the finance industry. The bursary program is designed to stimulate the completion of tertiary qualifications, creating a skilled workforce that can drive economic growth and financial stability in the country.

Eligibility and Requirements for the FASSET Bursary

The FASSET Bursary is available to South African citizens who are pursuing studies in the finance and accounting sector. To be eligible for the bursary, you must be studying at a recognized public university, university of technology, or TVET college in South Africa. It is important to note that the bursary is specifically for students pursuing a qualification in the finance and accounting sector. Therefore, you must be enrolled in a program related to finance, accounting, or a similar field.

Another requirement for the FASSET Bursary is that you must have a good academic record. This means that you should have achieved satisfactory grades throughout your academic career. It is essential to demonstrate your commitment to your studies and your ability to excel in the finance and accounting sector.

In addition to being a South African citizen and studying in the finance and accounting sector with a good academic record, the FASSET Bursary is also open to disabled candidates and students with a household income of not more than R600,000 per annum. This ensures that the bursary is accessible to a diverse range of students who may require financial assistance to pursue their educational goals.

FASSET Bursary Application Process

If you are interested in applying for the FASSET Bursary, you have two options: apply online or download the application form. To apply online, visit the FASSET website and complete the online application form. Provide all the necessary information required, including personal details, educational background, and financial information. If you prefer to download the application form, you can find it on the FASSET website as well. Fill out the form accurately and ensure that you provide all the required documentation.

When applying for the FASSET Bursary, you will need to submit several documents as part of your application. These documents include a certified copy of your identity document, your matric certificate, proof of acceptance at a tertiary institution, your parents’ or guardians’ identity documents, and a household income statement. Make sure that all the documents are certified copies and that you have them ready before submitting your application.

The closing date for FASSET Bursary applications is typically in February of each year. It is important to submit your application before the deadline to ensure that it is considered. Late applications may not be accepted, so make sure to plan ahead and gather all the necessary documents well in advance. Keep in mind that meeting the eligibility criteria and submitting a complete application does not guarantee that you will receive the bursary, as the selection process is competitive.

Table: Required Documentation for FASSET Bursary Application

Submitting a complete and accurate application along with the required documentation increases your chances of being considered for the FASSET Bursary. Take the time to carefully fill out the application form and double-check that you have included all the necessary documents. If you have any questions or need assistance with the application process, you can contact FASSET directly using the provided contact details.

Fields of Study Covered by the FASSET Bursary

The FASSET Bursary covers a wide range of fields of study in the finance and accounting sector, offering financial assistance to students pursuing qualifications in these areas. The bursary supports individuals who aspire to specialize in accounting, actuarial science, audit, business-related studies, finance, and tax study.

The field of accounting encompasses the study of financial transactions and records, preparing students for careers as professional accountants, auditors, and financial analysts. Actuarial science focuses on the mathematical and statistical analysis of risk and uncertainty, providing students with the skills to become actuaries in finance and insurance industries. Audit, on the other hand, involves assessing and ensuring the accuracy and compliance of financial statements and processes, preparing students for careers as auditors and internal control specialists.

Business-related studies cover a broad range of subjects, including management, marketing, economics, and entrepreneurship. These studies equip students with the knowledge and skills necessary to succeed in various business roles and industries. Finance, as a field of study, focuses on managing financial resources, investment analysis, and financial planning. Lastly, tax study involves understanding the complexities of tax laws and regulations, enabling students to become tax professionals and advisors.

Benefits of the FASSET Bursary

The FASSET Bursary offers numerous benefits to South African students who are passionate about pursuing a career in the finance and accounting sector. One of the primary advantages of the bursary is the financial assistance it provides. Successful applicants receive funding for their tuition fees, accommodation costs, living allowance, and other educational expenses. This financial support helps alleviate the financial burden faced by students and allows them to focus on their studies without worrying about the costs.

Another valuable benefit of the FASSET Bursary is the mentorship and career guidance it offers. Students who are awarded the bursary have the opportunity to be mentored by experienced professionals in the finance and accounting sector. These mentors provide valuable insights, advice, and guidance to help students navigate their academic and professional journey. The mentorship program ensures that students have access to industry knowledge and expertise, giving them a competitive edge in their careers.

In addition to financial assistance and mentorship, the FASSET Bursary also provides networking opportunities. Students who receive the bursary have the chance to connect with other students in the program as well as professionals in the finance and accounting industry. These networking opportunities allow students to expand their professional network, build relationships, and explore potential career opportunities. Building connections in the industry early on can be instrumental in securing future internships, jobs, and professional collaborations.

Lastly, the FASSET Bursary offers exclusive resources and training programs to help students enhance their skills and knowledge in the finance and accounting sector. These resources may include access to online platforms, industry-specific workshops, and training courses. By providing students with exclusive resources, the bursary ensures that they have the tools and support needed to excel in their studies and future careers.

Benefits of the FASSET Bursary:

• Financial assistance for tuition fees, accommodation costs, living allowance, and other educational expenses
• Mentorship and career guidance from experienced professionals in the finance and accounting sector
• Networking opportunities with other students and professionals in the industry
• Access to exclusive resources and training programs to enhance skills and knowledge

The FASSET Bursary is a comprehensive program that not only provides financial support but also offers mentorship, networking, and resources to help students succeed in their educational and professional endeavors. It is a valuable opportunity for South African students looking to pursue a career in the finance and accounting sector.

Contact Details for FASSET Bursary

If you have any questions or need more information about the FASSET Bursary, you can contact the FASSET team using the following details:

Phone Number:

You can reach FASSET by phone at 086 100 7787. Our dedicated support team is available to assist you with any queries regarding the bursary program.

Email:

If you prefer to communicate via email, you can send your inquiries to info@careerwise.co.za. Our team will respond promptly and provide you with the information you need.

Address:

FASSET’s physical address is 25 Owl Street, Milpark, Johannesburg. If you need to visit our office in person, please make an appointment beforehand to ensure that our team is available to assist you.

Whether you have questions about the application process, eligibility criteria, or any other aspect of the FASSET Bursary, our team is here to help. Reach out to us today and take the first step towards securing financial assistance for your studies in the finance and accounting sector.

Conclusion

The FASSET Bursary presents a remarkable opportunity for South African students who aspire to build a career in the finance and accounting sector. With its emphasis on educational advancement, this bursary provides significant financial support to help students overcome barriers and pursue their educational goals.

By securing the FASSET Bursary, you not only gain access to funding for your studies but also open doors to invaluable resources and training programs. Additionally, you’ll receive mentorship from seasoned professionals in the finance and accounting sector, empowering you with the guidance and support necessary for success.

Moreover, the FASSET Bursary offers networking opportunities, allowing you to connect with fellow students and established professionals in the industry. These connections can prove instrumental in your future endeavors, providing a platform for collaboration and growth within the finance and accounting sector.

If you have a passion for finance and accounting and dream of achieving your educational goals, the FASSET Bursary is an exceptional avenue to explore. Seize this great opportunity, secure the support you need, and embark on a rewarding journey towards a successful career in the finance and accounting sector.