Thuthuka Bursary Applications Open for 2022-2023
For the past 19 years, the Thuthuka Bursary has funded academically talented African and Coloured learners and students who want to become chartered accountants [CAs(SA)]. If you are one of them, don’t delay applications for the 2022 intake have just opened.
The South African Institute of Chartered Accountants (SAICA) is constantly working to fix the member demographics of the chartered accountancy profession to be reflective of those of the country. One of the ways in which it does this is through the Thuthuka Bursary.
These are not the only people who can attest to the hat Thuthuka has brought into their lives. To date, Thuthuka has supported over 4 000 African and Coloured students of which:
- Over 1 500 Thuthuka recipients have qualified and registered as CAs(SA) – an incredible achievement, considering that it takes a minimum of seven years to qualify as a CA(SA); and
- 2 000 more are currently completing various stages of the CA(SA) qualification process.
Applications close on 31 August.
You qualify to apply to join the Thuthuka programme if you:
- are a South African citizen
- are Black African or Coloured
- are either in Grade 12, have been out of school (with Matric) for no more than two years or are a university student studying a CA-stream BCom degree
- have obtained at least 60% (5 or above on the NSC scale of achievement) in Mathematics in Grade 11 (Maths Literacy and Technical Maths learners are NOT considered)
- have applied (or are in the process of applying) for a BCom Accounting (CA-stream) degree at a SAICA accredited university offering the Thuthuka programme.
- come from a family with a combined family income of R350 000 per annum or less
- write the National Benchmark Tests (NBT)*
- *Importantly, you will also have to apply for and write the National Benchmark Tests (NBT) before the end of August or submit your results if you have written it already.
- Click here for more details about the NBT.
Conditions of Bursary
Successful applicants will be required to sign a contract with both Thuthuka Education and Upliftment Fund (TEUF) and National Student Financial Aid Scheme (NSFAS) for the purpose of being awarded a bursary.
Thuthuka Bursary cannot be used to pay for existing loans or debts.
The funding application is for the 2023 academic year.
Applicants will be considered according to academic performance, National Benchmark Test (NBT) results and financial need as determined by the NSFAS financial means test.
A bursary like none other, Thuthuka covers the following as a basic: tuition, books, meals, residence fees and accommodation for the full years of study where a student continues to pass their degree within the requisite time period. Moreover, the programme follows an integrated and holistic approach to ensure success, by providing students with ‘wrap around’ support in the form of, among others:
- academic support, including various academic enrichment programmes such as additional tutorials, study skills workshops and more
- social and emotional support
- work-readiness and life skills training
- mentoring and counselling and
- access to dedicated programme manager exposure to experienced chartered accountants and business leaders as mentors
This model makes Thuthuka students more successful than their counterparts. It is also this approach that makes Thuthuka students ready to face the challenges of the workplace.
How to Apply
- Read the details then tick 'Please confirm you have read the above'
- Click on 'Apply'
- Fill in the required fields
- Submit the following documents
- 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 you are still in high school).
Your application remains incomplete if:
- The consent form is not signed or
- All required documents are not uploaded.
Your application is not submitted until you press “SUBMIT” CLICK HERE TO APPLY ONLINEField of Study: Accountancy
If you applied for NSFAS funding and received the Non-Sassa Declaration message from the National Student Financial Aid Scheme, you are probably wondering what it means. Keep reading to find out.
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