The Nicasia Holdings & AON Bursary is a financial support programme aimed at South African students who are already studying and need funding to continue their qualifications in high-demand fields.
About Nicasia Holdings and AON
Nicasia Holdings is a South African private company founded in 2020 that focuses on youth empowerment, career development, and bursary support initiatives.
AON is a global professional services firm that operates in more than 120 countries and provides services in risk management, insurance, and human capital consulting.
Together, these two organisations partner to support students and help build skills in industries that are important to economic growth.
Purpose of the bursary programme
The bursary is offered to support students who have strong academic ability but lack financial resources to complete their studies.
It focuses on reducing financial pressure while preparing students for careers in finance, insurance, risk management, and engineering.
The programme also forms part of a wider effort to promote youth development, transformation, and access to higher education.
Type of bursary funding offered
This is a full-cost bursary designed to support students who are already enrolled at a recognised tertiary institution.
It is mainly targeted at students who do not have any other form of funding such as NSFAS or private bursaries.
The bursary supports studies in the following fields:
- Corporate Finance
- Investment and Finance-related programmes
- Insurance and Risk Management
- Engineering
What the bursary covers
The bursary provides financial support that can go up to R120 000 depending on the student’s needs.
It covers the following expenses:
- Tuition fees
- Prescribed textbooks
- Student accommodation
- Monthly allowance for living costs
This support allows students to focus fully on their studies without worrying about daily expenses.
Eligibility criteria
Applicants must meet all the following requirements before applying:
- Must be a South African citizen
- Must be between 18 and 30 years old
- Must have completed Matric
- Must be studying in one of the approved fields
- Must be registered at an accredited South African institution
- Must demonstrate financial need
- Must not be receiving any other bursary funding
Failure to meet any one of these requirements will result in disqualification.
The type of candidates selected
The bursary is aimed at students who show strong academic performance and commitment to their field of study.
It also prioritises students from financially disadvantaged backgrounds who need support to complete their education.
Candidates with a clear interest in building careers in finance, insurance, or engineering are more likely to be considered.
Required documents for application
Applicants must prepare and submit the following documents:
- Certified copy of South African ID
- Certified copy of Matric certificate
- Latest academic transcript
- Updated Curriculum Vitae (CV)
Applications with missing documents may not be reviewed.
Application timelines and deadline
Applications for the 2026 intake closed on 27 February 2026.
For the 2027 intake, applicants should expect a similar early-year closing period and are encouraged to apply as soon as applications open.
Application process and how to apply
The application process is done through email and does not always require an online portal form.
Follow these steps carefully:
- Prepare all required documents in clear certified copies
- Send an email request or application to primrose.mathe@nicasiaholdings.co.za
- Use the correct subject line such as “Nicasia Bursary Application”
- Attach all documents before sending
- Submit before the closing date
Incomplete or late submissions are rejected.
Official contact details
Students can contact the bursary provider directly using the details below:
- Email: primrose.mathe@nicasiaholdings.co.za
- Telephone: 064 501 3176
Applicants are advised to use the email address to request application forms or make enquiries about the bursary.
