Organisation: Finance and Accounting Services Sector Education and Training Authority (Fasset)
Closing Date: 30 September 2025
About Fasset
The Finance and Accounting Services Sector Education and Training Authority (Fasset) plays a key role in building skills and knowledge within South Africa’s finance, accounting, and related services industries. Through targeted programmes, Fasset aims to reduce scarce-skills shortages, improve workforce capabilities, and create opportunities for professional growth.
One of its initiatives is the Fasset Employed Learner Bursary Programme, designed to support employees in the sector who wish to study further and obtain qualifications aligned with critical skills.
About the Fasset Bursary Programme
The Fasset Bursary Programme for 2025 & 2026 provides funding to individuals already employed by Fasset-registered employers. The bursary enables employees to pursue part-time studies that lead to nationally recognised qualifications, while continuing to work.
This programme focuses specifically on building capacity in scarce and critical skill areas that are essential to South Africa’s financial services industry.
Fields of Study
The bursary is open to employed learners pursuing qualifications in key areas such as:
- Finance
- Accounting
- Auditing
- Information Technology and related fields
- Economics
- Actuarial Science
- Management
- Statistics
What the Bursary Covers
- Tuition fees (up to the funding cap)
- Prescribed textbooks only
- Funding is capped at R50,000 per learner per academic year
- Covers one academic year only
Note: Other expenses such as accommodation, meals, or transport are not covered under this bursary.
Eligibility Criteria
To qualify for the bursary, applicants must meet the following requirements:
- Must be currently employed by a registered Fasset organisation.
- Must be pursuing a qualification in a scarce or critical skill field.
- Must be enrolled or accepted at a public university, university of technology, or TVET college.
- Funding is limited to R50,000 per academic year, covering tuition and textbooks.
- Selection is made on a first-come, first-served basis, with academic performance also taken into account.
How to Apply
Applicants must prepare and submit the following supporting documents:
- Certified copy of ID
- Proof of employment (such as a letter from the employer)
- Proof of registration or acceptance at a recognised tertiary institution
- Certified academic transcripts or records
Apply for the Fasset Bursary Programme for 2025 & 2026 here
Why This Bursary Matters
The Fasset Employed Learner Bursary Programme is more than just financial support—it is a tool for professional and sector-wide growth.
- Builds sector skills: Equips employees with qualifications that address industry shortages.
- Supports scarce-skills demand: Focuses on high-demand areas such as finance, IT, analytics, and auditing.
- Promotes career advancement: Helps employees gain recognised qualifications while continuing to work.
- Strengthens organisations: Employers benefit from having highly skilled, in-house professionals.
Conclusion
The Fasset Bursary Programme 2025 & 2026 offers employees in the financial services sector the chance to pursue further education without being burdened by full tuition costs. With funding of up to R50,000 per year for tuition and textbooks, this bursary is a valuable opportunity for working professionals to upskill, advance their careers, and contribute to reducing critical skills shortages in South Africa.
Submit your application before 30 September 2025 to secure your chance at this opportunity.