AUDITOR GENERAL SOUTH AFRICA BURSARY APPLICATION

BURSARY APPLICATION

Requirements:

 

    • Must be studying or intending to study towards a qualification as a Chartered Accountant (i.e. BCom Accounting CA stream, Bachelor of Accounting CA stream and BCompt) at a University accredited by the South African Institute of Chartered Accountants (SAICA).

 

    • Bursary holders are required to serve articles / training contract with the organisation on completion of their studies as per the bursary contract.

 

    • Bursaries are awarded to South African citizens only. No bursary applications will be accepted from other nationalities.

All candidates must be:

 

    • Proficient in English with strong communication skill.

 

    • Have good interpersonal skills

 

    • Have a drive, determination and commitment to succeed.

 

    • Have strong leadership potential.

Qualifications:

Grade 12 students:

 

    • Must obtain matric exemption and university acceptance

 

    • Must obtain at least 60% for English

 

    • Must obtain at least 60% for Mathematics (not Maths literacy)

University students:

 

    • 1st year students:
      Obtain over 60% for Financial Accounting

 

    • 2nd year students:
      Obtain over 60% for Financial Accounting
      Obtain over 60% for Managerial Accounting

 

    • 3rd and Final year students:
      Obtain over 60% for Financial Accounting
      Obtain over 60% for Managerial Accounting
      Obtain over 60% for Taxation
      Obtain over 60% for Auditing

*Must obtain over 60% pass in all subjects.

When does the application process open every year?: 01 Aug – 15 Sept

What does the bursary cover?: Tuition, accommodation & Books up to the annual limit. Annual limits escalate per year thus we do not have them on the webpage (like most companies do). Currently it is at R85 000.00 per year.

Source: www.sastudy.co.za

 

How does one apply for this bursary?:

Only online applications are accepted. The link is made active during the application period.

A bursary is a monetary award that is granted on the basis of financial need. Bursaries are different than scholarships. Scholarships are merit-based and are awarded for academic achievement. Bursaries are financial-need based awards that do not have to be repaid with money. However some bursaries require that you ‘pay back’ your bursary by committing to work at your benefactors company for a period of time, usually for the same amount of time that the bursary was supplied for.

The intention of the undergraduate bursary program is to supplement, not replace, students’ primary sources of funding.

5 tips to apply for a bursary

1. Be complete! The bursary committee has to read your application and make a decision. It’s hard to assess your situation if you’ve left information out.

2. Submit it on time. The deadline is important – late applications will not be considered.

3. Apply for government student financial assistance. Check to see what NSFAS has available at all times. Bursaries are typically issued to students who demonstrate the greatest financial need and receiving student aid is one of the easiest ways to show need.

4. Be realistic. When you are filling out the academic year budget, be realistic about how much you spend. Indicating that you spend R5000pm on entertainment might help show that you have more expenses than resources but it probably won’t get you a bursary.

5. Don’t forget your resources. Make sure you tell them how much money you have. If you tell them you have R20,000 worth of expenses and R150 worth of resources they’re going to think you forgot to fill in half the application.