The South African Institute of Chartered Accountants (SAICA) is a South African based accountancy body, in fact they are the top accountancy body in the country. The histpry of the company dates back to 1894, when it was formed in Johannesburg as “The Institute of Accountants and Auditors”.
SAICA is one of the global leading Institutes and currently boasts more than 36 000 members. The company prides itself on providing their CAs with advice, support and services over the course of their professional lives.
In 1987, SAICA joined forces with the Association for the Advancement of Black Accountants (ABASA) and the PAAB to create the CAs’ Eden Trust, as a means to porvide bursary funding to black CAs(SA). The name then changed to the Thuthuka Bursary Fund in 2002 and has since assisted many struggling students complete their studies and reach their dreams of becoming a CA.
The Thuthuka Bursary Fund is intended for academically strong black and coloured students, excelling in Mathematics, who wish to pursue a career in Chartered Accountancy (SA).
Each year, the bursary aims to assist 250 to 300 students who wish to study towards a BCom Accounting degree at one of the following SAICA-accredited universities:
The Thuthuka Bursary will cover the following study expenses: tuition fees, prescribed textbooks, meals and accommodation.
Students will also receive the following non-financial support: mentoring and counselling; social and emotional support; life skills training and work-readiness; academic support; as well as access to dedicated programme managers and exposure to business leaders and experienced chartered accountants.
Additionally, CTA (honours) students will be places into 3 year training contracts. Students who pass their Theory of Accounting (CTA or post-graduate degree) Certificate will be guaranteed employment.
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
Applications must be done online at: http://www.thuthukabursaryfund.co.za
You will be required to Register an account here: https://thuthukabursaryfund.co.za/user/registerbefore you can Login here: https://thuthukabursaryfund.co.za/user and apply.
Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are missing, your application be disregarded):
The selection process includes the following steps:
1) Apply for the bursary and apply to at least 2 universities
2) Your application will be screened – if you are selected, you must submit your NBT results or apply to write the NBT test
3) All applications are assessed – if you are shortlisted, you will be contacted and informed of the next steps in the process
4) Your Matric results will be confirmed in January and you will be required to sign the TBF contract and offer letter
*Please note: if you do not receive any feedback, your application has not been successful.
For any queries related to this bursary programme, please contact SAICA directly:
Tel: 011 621 6600