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SAICA Thuthuka 2024 Bursary Programme

Posted on April 13, 2023

SAICA Thuthuka 2024 Bursary Programme

 

The Thuthuka Bursary Programme is a transformation initiative of the South African Institute of Chartered Accountants (SAICA) aimed at encouraging previously disadvantaged South African Black and Coloured learners in schools to pursue a career in the Chartered Accountancy (CA) profession. “Thuthuka” is a Zulu word which means “to develop” – it aims to transform South Africa’s business leadership.

 

This is a bursary application portal ONLY. It is not in any way an agreement or commitment for funding. Thuthuka Bursary cannot be used to pay for existing loans or debts.

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.

The Thuthuka programme is available at certain SAICA- Accredited Universities which are Thuthuka partners. You can apply to any of these for your studies.

 

The support provided by the Thuthuka Bursary Fund (TBF) includes:

  • Full tuition fees (for each consecutive year that you pass
  • Accommodation
  • Books & Stationery
  • Meals
  • Living and travel allowance

 

In addition to the financial support, TBF recipients also receive non-financial “wrap-around” support in the form of:

  • Academic support – this includes various academic enrichment programmes such as additional tutorials (study sessions), study skills workshops, and more
  • Social and emotional support
  • Work-readiness and life skills training
  • Mentoring and counselling
  • Exposure to experienced Chartered Accountants and business leaders
See also  Sanlam South Africa Actuarial Bursaries/Actuarial Funding

 

You qualify to apply for the Nelson Mandela University Thuthuka Bursary Programme if you:

  • Are you a South African citizen
  • Are Black African or Coloured
  • Are either in Grade 12 or out of school (with Matric) for no more than two years
  • Have obtained at least 60% (5 or above on the NSC scale of achievement) in Mathematics in Grade 11 (Maths Literacy learners are NOT considered)
  • Have applied (or are in the process of applying) for a BCom Accounting degree (for CAs). An Applicant Score (AS) of at least 410 and Mathematics-% of at least 60% is required.  The AS is calculated by adding up the percentages for six 20-credit subjects. This gives a score out of 600. Life Orientation (LO) is excluded as it is only a 10-credit NSC subject. Applicants from Quintile 1,2 or 3 schools (non-fee paying schools) who attained an LO mark of 50% or more, can add 7 points to arrive at their final AS score.
  • Come from a family that cannot financially support your tertiary education – please note that all candidates will be assessed using the NSFAS means test to determine financial need
See also  Gauteng College of Nursing 2024 Student Nurse Intake

 

The following Universities are the only universities working with Thuthuka:

  • Nelson Mandela University (NMU)
    B Com Accounting (Course code 40003)
  • University of Free State (UFS – Bloemfontein Campus)
    Bachelor of Accounting (Course code 6319)
  • University of Johannesburg (UJ)
    Bachelor of Accounting (Course code BCA012)
  • Stellenbosch University (SU)
    B Com Accounting/B Rek (Course code 3091001)
  • University of Kwa-Zulu Natal (UKZN – Westville Campus)
    BCom Accounting (Course code BCOA)
  • University of Pretoria (UP)
    B Com Accounting Sciences (Course code 07130042)
  • University of Cape Town (UCT)
    B Com (Course Code CB023)
  • North-West University (NWU – Potch Campus)
    B Com CA (Course code 500 155 E371P)
  • University of Witwatersrand (WITS)
    B Acc Science (Course Code CB008)
  • Rhodes University (RU)
    Bachelor of Commerce (Accounting)
  • University of Fort Hare (UFH)
    B Com Accounting (Course Code 60001)
  • University of Western Cape (UWC)
    (Course Code 1021 or 1753)
  • University of Limpopo (UL)
    PGDA [Post Graduate Diploma in Accountancy]

 

Your application remains incomplete if:

    • The consent form is not signed
    • Or all required documents are not uploaded.
    • Or you have not pressed SUBMIT.
See also  Click Here To Apply For 2024 NSFAS

All fields marked in red are compulsory.

 

Supporting Documents:

  • Signed consent form (download it here)
  • 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 (if currently in Grade 12)
  • Final Grade 12 results (if completed Grade 12)
  • Full university transcript (if already at University)
  • Proof of registration (if already at University).

 

 

How to apply:

Click Here To Apply

 

 

The closing date for the applications is 31 August 2023

 

If you are selected for the bursary, you will be placed at Nelson Mandela University, a SAICA-accredited university. Nelson Mandela University was initially selected as one of only four SAICA-accredited universities to offer this bursary programme and we are committed to seeing you pass your examinations and qualify as a CA(SA). 

The Thuthuka programme at Nelson Mandela University is managed by a dedicated Programme Manager and Academic Coordinators for each year of study. This is a limited bursary opportunity and only a number of students can be accommodated.

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