SAICA Thuthuka Education Upliftment FundSAICA Thuthuka Education Upliftment Fund

Fully funded

SAICA Thuthuka Bursary

SAICA Thuthuka Education Upliftment Fund, South Africa

Scholarship overview

The Thuthuka Bursary was established in 2005 by the South African Institute of Chartered Accountants (SAICA) through its Thuthuka Education Upliftment Fund (TEUF). It supports Black African and Coloured students from disadvantaged backgrounds who want to qualify as Chartered Accountants, CA(SA).

Bursaries are awarded for undergraduate BCom Accounting (CA-stream) degrees at participating universities. Funding is combined with a wrap-around support model that includes academic, social and emotional support, work-readiness and life-skills training, mentoring, counselling and a dedicated programme manager.

Successful applicants sign a contract with both TEUF and the National Student Financial Aid Scheme (NSFAS). Applicants are considered on academic performance, National Benchmark Test (NBT) results and financial need as determined by the NSFAS financial means test.

Award Information

  • South African citizen.
  • Black African or Coloured.
  • In Grade 12, out of school with matric for no more than two years, or a university student already in a CA-stream BCom degree.
  • At least 60% (NSC level 5 or above) in Grade 11 Mathematics. Mathematical Literacy and Technical Mathematics do not qualify.
  • Applied, or applying, for a BCom Accounting (CA-stream) degree at a participating university.
  • Combined family income of R350,000 per year or less.
  • Must write the National Benchmark Tests (NBT).
  • The bursary cannot be used to pay existing loans or debts.

The bursary covers tuition, books, meals, residence fees and accommodation, together with academic support (extra tutorials, study-skills workshops, enrichment programmes), social and emotional support, work-readiness and life-skills training, mentoring and counselling, and exposure to chartered accountants and business leaders as mentors.

Apply for and write the NBT before the end of August, or submit existing NBT results. The application portal currently shows applications as closed for this year.

  1. Check that you meet every eligibility criterion and that your intended university is a Thuthuka partner institution.
  2. Register for and write the NBT before the end of August (details at nbt.ac.za), or have your existing results ready.
  3. Complete the application on the Thuthuka Bursary Fund portal; all fields marked in red are compulsory.
  4. Sign the consent form and upload all required documents. The application is incomplete without them.
  5. Press SUBMIT; the application is not submitted until you do.
  6. Successful applicants sign contracts with TEUF and NSFAS.

Official links

Documents you will need

  • Signed consent form.
  • Applicant's ID.
  • Parent(s)'/guardian(s)' ID.
  • Parent(s)'/guardian(s)' salary slip.
  • Copies of ID documents of persons dependent on family income.
  • Final Grade 11 results.
  • Final Grade 12 results (if completed Grade 12).
  • Full university transcript (if already at university).
  • University provisional acceptance letter (if still in high school).
  • NBT results (if already written).

How selection works

Applicants are considered on academic performance, NBT results and financial need as determined by the NSFAS financial means test. Successful applicants sign a contract with the Thuthuka Education and Upliftment Fund (TEUF) and NSFAS.

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