Are you burdened with outstanding study debt from a qualification relevant to the Financial and Accounting Services Sector (FAS)? The FASSET Bursaries for 2025 and 2026 provide an excellent opportunity to relieve this financial burden. If you meet the criteria, you can access funding to help repay your study debt through FASSET’s Outstanding Study Debt Repayment Programme.
What is the FASSET Outstanding Study Debt Repayment Programme?
FASSET (Financial and Accounting Services Sector Education and Training Authority) offers this bursary to assist applicants in repaying loans used for studies at higher public learning institutions. This is a fantastic chance for individuals in the FAS sector who are struggling with outstanding debt to secure financial relief.
Applications for the 2025 and 2026 bursary period are now open and will close on 27 February 2026. Successful applicants will receive support based on the availability of funds, so it’s vital to apply early!
Selection Criteria
To be eligible for the FASSET Bursaries, applicants must meet the following criteria:
For Employed Applicants:
- Sector Requirements: You must be currently employed within the FASSET sector or affiliated with professional bodies within the FAS sector. This also includes cross-sectoral employers, NGOs, and COEs.
- Qualification: You must have completed a qualification relevant to the FAS sector.
- Income Requirements: Your annual income must not exceed R660 000.
For Unemployed Applicants:
- Qualification: You must have completed a qualification relevant to the FAS sector.
- Income Requirements: Your household income must be R1 000 000 or less per annum.
Loan and Repayment Eligibility:
- You must have an outstanding loan from NSFAS or any other higher public learning institution that funded a qualification related to the FAS sector.
- The bursary will cover up to R80 000 of your outstanding loan per year.
Approval of applications will be processed on a first-come, first-served basis, subject to budget availability, so applicants are encouraged to submit their applications as early as possible.
Read more: SARB Bursary Programme (2026)
Why Apply for the FASSET Bursary?
The FASSET Bursaries offer an incredible opportunity to reduce the burden of your outstanding student debt while you focus on your career within the FAS sector. Whether you are employed or unemployed, meeting the eligibility criteria can provide the financial relief you need.
How to Apply
To apply for the FASSET Outstanding Study Debt Repayment Bursary, follow these steps:
- Download the Application Form: Obtain the 2025/2026 Outstanding Study Debt Repayment Application Form from the FASSET website.
- Check the Eligibility Requirements: Make sure you meet all the criteria, including employment status, income requirements, and debt eligibility.
- Complete the Application: Fill out the form and provide all required documentation.
- Submit the Application: Submit your completed application along with the necessary documents before the deadline.
Reminder: FASSET reserves the right to decline applications that do not include the required documentation. Always double-check your submission to avoid delays.
Important Note: Applications with missing documents will be automatically declined, so it is crucial to ensure that all necessary documents are included before submission. Successful applicants will be contacted directly.
Don’t miss out on this chance to get your education debt under control. Apply now before the 27 February 2026 deadline!
Also check: Transport Education Training Authority Bursary 2026
The FASSET Bursaries for Outstanding Study Debt Repayment Programme offer a vital opportunity for individuals in the Financial and Accounting Services sector to alleviate the burden of educational loans. Whether you are employed or unemployed, meeting the criteria could mean significant financial relief for your education debt. Don’t miss out on this chance to secure up to R80 000 per year for outstanding study loans. Ensure you apply before the 27 February 2026 deadline to benefit from this incredible opportunity.