FASSET Bursary South Africa 2025

Are you eager to pursue a career in finance, accounting, or business? The FASSET bursary 2025 is the best opportunity to pursue a career in related fields without stressing over financial costs. FASSET Bursary is now inviting students to apply for the bursary for the 2025 academic year.

In this guide, I will walk you through step-by-step procedures related to submitting the FASSET bursary 2025 application, and provide you with all the essential details to ensure your application stands out and meets the required criteria. Hence, continue reading to enlighten yourself.

About the FASSET

FASSET, the Finance and Accounting Service Sector Education and Training Authority aims to achieve three key objectives, increasing the workforce in the finance and accountancy sector, promoting transformation within the industry, and enhancing the skill sets essential for growth in this field. As a designated SETA in South Africa, the organization is responsible for providing employees in its sector with the training and education needed to excel in their roles. FASSET, established in 2000, focuses on advancing Accounting, Finance, Consulting, Management, and other Financial Services.

FASSET Bursary 2025

The FASSET Bursary 2025 is a financial assistance program offered by the Finance Accounting Service Sector Education and Training Authority (FASSET) in South Africa. The bursary is mainly for students pursuing qualifications in finance, accounting, and related fields. Here’s what you need to know about FASSET bursary 2025:

What are the Fields and Expenses Covered by FASSET Bursary 2025?

Students who are pursuing qualifications in fields such as Finance and Accounting Sector (FAS), Information Technology (IT), and other fields that are considered important for the country’s skill development are eligible to apply for the FASSET bursary 2025 program. This is a great opportunity for anyone looking to pursue a career in these high-demand areas and gain valuable skills for the future.

Now, the next main question is, what kinds of expenses does the FASSET bursary 2025 cover? The bursary will cover expenses such as tuition fees, prescribed textbooks, as well as accommodation and meal allowances. The bursary will be granted with a maximum limit of R100,000 for University and University of Technology studies, and R40,000 for TVET studies.

Candidates who are shortlisted or selected will be contacted by 28 February 2025. If you do not hear back by this date, consider your application unsuccessful.

What are the Requirements for FASSET Bursary 2025?

Applicants are required to fulfill the minimum entry requirements before applying. Keep in mind, not meeting all the criteria will result in your application not being considered. The following are the requirements for FASSET bursary 2025:

Unemployed Learners

• Applications are only open to South African citizens.
• Applicants must be currently unemployed.
• You must either be in Matric in 2024 or have already completed Matric.
• Applicants must be planning to study or currently studying for a qualification in one of the fields mentioned in the above section.
• You must be enrolled or accepted to study at a Public University, University of Technology, or TVET College in South Africa.
• Applicants total household income must not exceed R1 million per year.

(The qualifications should be in the FAS sector, although priority will be given to IT-related qualifications and other national critical skills)

(The bursary funding covers only tuition fees, prescribed textbooks, accommodation, and meal allowances)

Learners in Development Programs; Interns and Trainees

• Learners must either be registered at or accepted into a Public University, University of Technology, or TVET College.
• The qualification should be within the FAS sector; with a preference for IT-related qualifications and other national critical skills.
• Bursary funding will be limited to R100,000 per year for university students and R40,000 per year for TVET students, per beneficiary.
• The bursary funding is limited to tuition fees and prescribed textbooks only.

How to Apply for FASSET Bursary 2025?

An application can be submitted online through the official FASSET bursary application portal. Here’s how you can apply for the bursary:

• Firstly, open your web browser and search for FASSET Bursary’s official Platform.
• Along with your completed form, you’re required to submit clear copies of the following documents:
  • Certified copy of your ID document (not older than 6 months).
  • Matric trial exam results, if you are currently in Matric.
  • Certified copy of your highest qualification and academic record (not older than six months).
  • A stamped or signed proof of registration or acceptance at an approved tertiary institution.
  • Certified copies of your parent’s or guardians’ ID documents or death certificates (not older than six months).
  • Proof of household income for your parents or guardians (latest payslips if employed, affidavit if unemployed, or proof of pension or grant if possible).
  • A document verifying your address.

Closing Date: 31 December 2024

Contact Details

For any questions regarding this bursary program, please reach out to FASSET directly. You can communicate with them through the following:

Email Address: [email protected] / [email protected]

Telephone Number: 011 476 8570

Ending Lines

In conclusion, the FASSET bursary 2025 is a program designed for individuals who lack financial means to pursue their education. You can apply for the program through their official website. Make sure to apply for the program before the closing dates, as your applications will not be considered.