Finance and Accounting Services Sector Education and Training Authority, Fasset provides financial support to students pursuing careers in finance, accounting, and related fields through the prestigious Fasset bursary programme.
We will cover the key details of the Fasset bursary, including its provider, eligibility criteria, and application deadlines and guide you through the application process.
Fasset Bursary
The Fasset bursary is a financial aid programme to support South African students pursuing education in finance, accounting, and related fields.
The bursary is part of Fasset’s commitment to tackling skill shortages in these important areas by giving those who deserve it the support they require to complete their studies successfully.
About the Bursary Provider
Fasset (Finance and Accounting Services Sector Education and Training Authority) is a sector education and training authority responsible for promoting and facilitating skills development in finance and accounting.
The organization aims to address the skills shortage in the industry by providing bursaries, leadership, and other training programs.
Bursary Details
- Provider: Fasset (Finance and Accounting Services Sector Education and Training Authority)
- Career Fields: Finance, Accounting, Auditing, Risk Management, and related fields
- Closing Date: Varies (check the official website for updates)
- Full Funding or Partial Funding: Partial funding (covers tuition fees, books, and living expenses)
Fields Covered by FASSET Bursary
Bursaries will be granted to unemployed students pursuing studies in the following fields:
University and University of Technology Studies
- Actuarial Sciences
- Accounting Sciences
- Auditing
- Economic Management Sciences
- Information Technology (IT)-related qualifications
- Taxation
TVET College Studies
- Business Studies streams
- Information Technology (IT)-related qualifications
Expenses Covered by Fasset Bursary
The Fasset bursary includes a monthly allowance designed to cover living expenses such as:
- Food
- Transport
- Personal necessities
Bursaries will be awarded up to a capped amount, with a maximum of R100,000 for university and university of technology studies and up to R40,000 for TVET college studies.
Eligibility Requirement For Fasset Bursary
To be eligible for the Fasset bursary, applicants must meet specific criteria, including:
- Be a South African citizen with a valid South African ID
- Be registered or intend to register at an accredited South African tertiary institution for undergraduate or postgraduate studies in finance, accounting, or related disciplines
- Total combined household income should be between R123,000 and R600,000 per annum
- Demonstrated academic excellence, typically shown through a minimum required academic average
- Evidence of financial need, supported by household income documentation
- Submission of necessary documents such as academic transcripts, proof of registration or acceptance, proof of household income, and a certified copy of the ID
FASSET Bursary Field of Study
This bursary is designated for students enrolled in fields pertinent to the skills required by FASSET. The bursary covers ten-degree programs, including:
- Financial Markets Professionals
- Bookkeeping, Accounting Technicians and Clerks
- Internal Auditors and Risk Managers
- Actuaries and Statisticians
- Debt Collectors
- Marketing Professionals
- Economists
- Accounts and Auditors
- ICT Professionals
- Management Consultants
How to Apply Online for Fasset Bursary?
The Fasset bursary online application process is straightforward and involves the following steps:
- Visit the Fasset Website
- Find the “Bursaries” or “Funding” section
- Fill out the application form with accurate personal, academic, and financial details
- Upload the application form and carefully attach the necessary supporting documents
- Review and Submit: always double-check all information and submit the application before the deadline
Documents that the Fasset Bursary requires
Applicants must attach the following documents:
- ID document (certified copy)
- Highest Qualification & Academic record (certified copy)
- Proof of registration and acceptance at an approved tertiary institution (stamped/signed)
- Parent’s or guardians’ ID documents (certified copies)
- Parent’s or guardian’s proof of household income (latest payslips if employed, affidavit if unemployed, proof of pension or grant if applicable)
- Proof of address
When is the Fasset Bursary Closing Date?
The closing date for the Fasset bursary application varies each year. Applicants should visit the official Fasset website or contact the bursary office for the most accurate and up-to-date information.
FASSET Bursary Contact Detail
For more information on the Fasset bursary, applicants can contact Fasset directly:
- Email: bursaryfunding@fasset.org.za / fassetcallcentre@fasset.org.za
- Phone: 011 476 8570
FAQ’s On Fasset Bursary
What is the Fasset bursary?
The Fasset bursary is a financial aid programme to support South African students pursuing education in finance, accounting, and related fields.
How do I apply for the Fasset bursary?
Applicants can apply online through the Fasset website by filling out the application form and attaching the necessary supporting documents.
What are the eligibility criteria for the Fasset bursary?
Applicants must be South African citizens, registered or intending to register at an accredited South African tertiary institution and meet specific academic and financial requirements.
What expenses are covered by the Fasset bursary?
The Fasset bursary includes a monthly allowance to cover living expenses such as food, transport, personal necessities, tuition fees, and books.
What is the closing date for the Fasset bursary application?
The closing date for the Fasset bursary application varies each year. Applicants should visit the official Fasset website or contact the bursary office for the most accurate and up-to-date information.