FASSET Bursary South Africa for 2026. If you’re aspiring to build a career in the dynamic world of finance, accounting, or business, the FASSET Bursary South Africa for 2026 offers a golden opportunity to achieve your goals. The Finance and Accounting Services Sector Education and Training Authority (FASSET) continues to invest heavily in South Africa’s youth by supporting critical skills development in the financial sector.
In this comprehensive guide, we explore everything you need to know about the FASSET Bursary South Africa, including its purpose, benefits, eligibility requirements, application process.
What is the FASSET Bursary South Africa?
The FASSET Bursary South Africa is an initiative by FASSET short for the Finance and Accounting Services Sector Education and Training Authority. Established in 2000 as one of South Africa’s SETAs, FASSET’s core mission is to:
- Increase the pipeline of skilled employees entering the finance and accountancy professions.
- Facilitate meaningful transformation in the financial and accounting sectors.
- Broaden and deepen the essential skills base that drives South Africa’s economic growth.
As part of its commitment to uplift South Africa’s workforce, FASSET provides funding support through bursaries for students who wish to pursue studies in priority fields. This ensures a continuous supply of talented graduates who are ready to contribute to the country’s finance, accounting, consulting, and management industries.
Fields of Study Covered by the FASSET Bursary
The FASSET Bursary South Africa is tailored to fund students enrolling in qualifications that directly strengthen the financial and business sectors. The bursary will support studies in the following disciplines:
| Field of Study | Examples of Courses |
|---|---|
| Accounting | BCom Accounting, Cost & Management Accounting |
| Actuarial Science | BSc Actuarial Science |
| Audit | Internal & External Auditing qualifications |
| Business-related studies | Business Administration, Business Management |
| Finance | Financial Management, Financial Planning |
| Tax | Taxation, Revenue Law |
This strategic focus ensures that bursary recipients are equipped to fill scarce skills gaps and make meaningful contributions to South Africa’s economic development.
What Does the FASSET Bursary Cover?
One of the biggest advantages of the FASSET Bursary South Africa is its extensive financial coverage. The bursary is designed to eliminate the financial barriers that often stand between talented students and their dreams. Here’s what the bursary typically pays for:
- Tuition Fees: Full or partial coverage of academic fees charged by your institution.
- Prescribed Textbooks: Ensures you have the essential learning materials.
- Accommodation: Helps pay for residence or approved private accommodation.
- Meal Allowance: Supports your daily nutritional needs while studying.
- Data Allowance: Critical for online learning and research in today’s digital environment.
This comprehensive funding means that recipients can focus fully on their studies without the constant stress of financial shortfalls.
Eligibility Requirements for the FASSET Bursary South Africa
To ensure the bursary reaches students who need it most and are best positioned to succeed in the targeted fields, FASSET has set out specific eligibility criteria. Applicants must meet all of the following minimum requirements:
- You must have completed Matric.
(Note: Current Grade 12 learners can apply after receiving their results in January 2025.) - You must be studying or planning to study toward a qualification in Accounting, Actuarial Science, Audit, Business, Finance, or Tax.
- You must be registered or accepted to study at a recognised and accredited public tertiary institution, which includes:
- TVET Colleges
- Universities
- Universities of Technology
- Your total household income must not exceed R600,000 per annum.
- You must currently be unemployed.
If you fail to meet even one of these conditions, unfortunately, your application will not be considered.
How to Apply for the FASSET Bursary South Africa
FASSET has streamlined its application process to make it more accessible. Here’s a step-by-step guide on how to submit your application for the FASSET Bursary South Africa for 2026.
- Online Application: Complete the official online application form. You can find it at:
FASSET Bursary Application 2025 - Upload Supporting Documents: Along with your application, you must submit clear copies of the following:
- Certified copy of your South African ID document.
- Proof of registration or acceptance at a public tertiary institution (on official letterhead).
- Certified copies of parents or guardians’ ID documents.
- Proof of household income:
- Latest payslips if employed.
- Affidavit if unemployed.
- Proof of pension or social grant if applicable.
- Certified copies of certificates for any completed qualifications (if relevant).
- Recent proof of residence.
Important: Failure to submit any of these compulsory documents could result in your application being rejected.
Closing Date for FASSET Bursary Applications
The deadline to apply for the FASSET Bursary South Africa for the 2026 academic year is:
- 30 September 2025
Applications submitted after this date will not be accepted, so be sure to complete and upload everything well before the cut-off.
Why Choose the FASSET Bursary?
Besides the obvious financial support, the FASSET Bursary South Africa offers many strategic advantages:
- Career-focused Funding: Tailored to industries that are vital for South Africa’s economic stability and growth.
- Supports Transformation: Helps increase diversity and inclusivity within the finance and accounting professions.
- Comprehensive Coverage: Reduces your financial stress by taking care of all major study-related expenses.
- Boosts Employability: Having a FASSET-funded qualification gives you a competitive edge in the job market.
Contact FASSET for More Information
If you have more questions or require guidance on completing your application for the FASSET Bursary South Africa, you can reach out directly through their contact page:
FAQs about the FASSET Bursary South Africa
Can I apply if I am still in Grade 12?
Yes. You will be able to apply for the bursary after your final matric results are released in January 2025. Ensure you meet the minimum requirements and apply before the deadline.
Will FASSET fund studies at a private college?
No. The FASSET Bursary South Africa is strictly available to students who are studying at recognised and accredited public institutions, which include TVET Colleges, Universities, and Universities of Technology.
How will I know if my application was successful?
FASSET or its appointed administrators will contact shortlisted candidates. Ensure your contact details are correct on your application. If you don’t hear back within a reasonable time after the closing date, consider following up via the FASSET contact page.
Conclusion
The FASSET Bursary South Africa for 2026 is more than just a financial aid scheme—it’s a critical investment in your future and in the growth of South Africa’s economy. By pursuing qualifications in high-demand sectors like Accounting, Actuarial Science, Finance, and Tax, you not only secure your career prospects but also contribute to national transformation and economic resilience.
