FASSET Bursary 2026

Are you an employed learner in the Financial and Accounting Services Sector (FAS), looking to further your education and skills? If so, the FASSET Bursary could be the perfect opportunity for you to achieve your academic and career goals. This bursary program provides financial support for learners who meet the required criteria and are studying a qualification linked to the FASSET Sectorial Priority Occupations and Interventions (SPOI) list.

What is the FASSET Bursary?

The FASSET Bursary is a government-sponsored initiative designed to assist employed learners working in the Financial and Accounting Services Sector. The bursary covers tuition fees and prescribed textbooks for learners registered at a Public Higher Education and Training (HET) institution or TVET College, who are pursuing qualifications at NQF Level 06.

Requirements

To qualify for the FASSET Bursary, applicants must meet specific criteria outlined by the program. Below is an overview of the eligibility requirements:

1. Employment in the FAS Sector: Learners must be employed by employers in the FAS sector. This means that the program is tailored to those who are already working in the industry and are looking to upgrade their qualifications.
2. Registered at a Public HET or TVET College: Learners must be enrolled at a Public Higher Education and Training (HET) institution or a TVET College, pursuing qualifications aligned with FASSET’s Sectorial Priority Occupations and Interventions (SPOI) List.
3. Qualification at NQF Level 06: The learner must be studying towards a qualification that is registered at National Qualifications Framework (NQF) Level 06.
4. Financial Support for One Academic Year: The bursary provides funding for only one academic year, which can be either for 2025 or 2026. The funding is limited to a single year, so applicants must plan accordingly.
5. Funding Cap: The bursary is capped at R50,000 per learner, covering tuition and prescribed textbooks only.
6. First Come, First Served: The selection process is based on a first-come, first-served basis. However, academic performance will be considered as part of the selection process.

Benefits of the FASSET Bursary

1. Financial Support for Tuition and Books: The bursary provides significant financial relief for learners by covering tuition fees and the cost of prescribed textbooks. This allows learners to focus on their studies without the worry of financial strain.
2. Enhance Your Career in the FAS Sector: By pursuing a qualification through the FASSET Bursary, learners can enhance their career prospects in the Financial and Accounting Services sector. It’s a great way to improve your knowledge, skills, and employability in a highly competitive industry.
3. Flexible Funding: With a budget of R50,000 per learner, the bursary helps cover the essential costs of pursuing higher education, ensuring that learners have access to the resources they need to succeed academically.
4. Application for 2025/2026: Applications for the 2025 and 2026 academic years are open, giving learners the chance to apply in advance and secure funding for their studies. The closing date for applications is at 16:30 on 30 September 2025, or until the budget is depleted.

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How to Apply for the FASSET Bursary

To apply for the FASSET Bursary, follow these simple steps:

1. Check Eligibility: Ensure you meet the eligibility criteria, including being employed in the FAS sector, registered at a public HET or TVET College, and studying towards an NQF Level 06 qualification.
2. Gather Required Documents: You will need to submit relevant documentation such as proof of employment in the FAS sector, proof of registration at a qualifying institution, and proof of your qualifications.
3. Complete the Application: Applications must be submitted before the deadline, which is at 16:30 on 30 September 2025. Be sure to fill out the application forms accurately and provide all necessary supporting documents.
4. Submit Your Application: Submit your completed application as per the instructions provided on the official FASSET website or through the designated bursary portal.
5. Wait for Confirmation: Once your application is received, FASSET will review it and confirm whether you have been selected for the bursary. Selection is based on a first-come, first-served basis, with academic performance taken into consideration.

Important Notes

• Limited Funding: The bursary is capped at a total amount of R50,000 per learner, so it’s important to apply as early as possible to secure your funding.
• Ineligibility for Current FASSET Programme Participants: Learners who are already participating in a FASSET-funded program during the 2025/2026 financial year are not eligible for this bursary.
• Only One Academic Year of Funding: The bursary only covers one academic year, either for 2025 or 2026, and will not be extended beyond that period.
• Selection Based on Academic Performance: While the bursary operates on a first-come, first-served basis, academic performance will also be considered, so ensure that you are achieving the best results in your studies.

FASSET Bursary Closing Date

The closing date for the FASSET Bursary application is at 16:30 on 30 September 2025, or until the available funding is depleted. Make sure to apply early to avoid missing out on this valuable opportunity.

Also check: Bursary Interview Questions and How to Answer Them

The FASSET Bursary is a fantastic opportunity for employed learners in the Financial and Accounting Services (FAS) sector to enhance their qualifications and career prospects. With funding for tuition fees and prescribed textbooks, the bursary provides essential financial support to help you achieve your educational goals without the burden of high costs.