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FASSET

FASSET Bursary 2027: Requirements and Application Portal

The FASSET Bursary 2027 is a funding opportunity for South African students who want to study in finance, accounting, and related fields, and it is offered by the Finance and Accounting Services Sector Education and Training Authority to help build skills in a sector that drives the country’s economy.

About FASSET

The Finance and Accounting Services Sector Education and Training Authority is a Sector Education and Training Authority responsible for developing skills in finance, accounting, auditing, and related services across South Africa.

It supports industries such as accounting firms, financial markets, consulting services, and public finance institutions like national and provincial treasuries.

The organisation focuses on growing skilled professionals who can meet the needs of employers in the financial sector.

Purpose of the FASSET Bursary

The bursary is designed to increase the number of qualified professionals entering the finance and accounting sector in South Africa.

It also supports transformation by giving students access to higher education in scarce skills areas.

Another goal is to encourage employers to invest in the education of learners who will later contribute to the industry.

Type of Bursary Offered

FASSET offers different bursary streams, including funding for unemployed students and employed learners already working in the sector.

The bursary is usually awarded for one academic year and may need renewal depending on performance and funding availability.

Funding is often aligned with scarce skills identified by FASSET such as accounting, auditing, IT, and financial management.

What the FASSET Bursary Covers

The bursary can cover several study-related costs depending on the funding stream.

  1. Tuition fees are covered in full in most cases.
  2. Prescribed textbooks are included.
  3. Accommodation and meals may be covered for some programmes.
  4. Funding can reach up to R100,000 for university students in some cases.

Some employed bursaries may only cover tuition and books with a capped amount such as R50,000.

Eligibility Criteria

To qualify for the FASSET Bursary 2027, applicants must meet specific requirements.

  1. You must be a South African citizen.
  2. You must have completed Matric.
  3. You must be accepted or registered at a public university or TVET college.
  4. Your course must be linked to FASSET scarce skills.
  5. You must have a strong academic record.
  6. Some programmes require you to be employed in the finance sector.
  7. Household income limits may apply depending on the bursary stream.

Type of Candidates FASSET is Looking For

FASSET looks for students who are serious about building careers in finance and accounting fields.

They prefer candidates who are studying towards qualifications like accounting, auditing, IT, actuarial science, and financial management.

They also value applicants who show good academic performance and a clear interest in the financial sector.

Required Documents

Applicants must prepare and submit several supporting documents.

  1. Certified copy of your South African ID.
  2. Certified academic records and qualifications.
  3. Proof of registration or acceptance from a university or TVET college.
  4. Employment confirmation letter if applying as an employed learner.
  5. Proof of household income or financial status where required.

Applications without complete documents are usually not considered.

Application Timelines and Deadlines

FASSET bursary deadlines depend on the specific programme and year.

Some employed bursary applications have previously closed around September or November.

Other bursary streams have had closing dates around February for student applications.

You should always check the official portal early because applications may close once funding limits are reached.

Application Process and Format

You must apply online through the official FASSET platform.

Follow these steps carefully.

  1. Open the application form using a desktop or laptop.
  2. Fill in all required personal and academic details.
  3. Upload all supporting documents.
  4. Submit the application before the deadline.

Late or incomplete submissions are not accepted.

Official Contact Details

If you need help with your application, you can contact FASSET directly.

Office hours are usually during weekdays from morning to late afternoon.

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