Thuthuka Bursary Fund – Your Path to Becoming a Chartered Accountant
DEADLINE: August 31st 2025, 12:00:00 am
Thuthuka Bursary Fund: Paving the Way for Aspiring Chartered Accountants
The journey to becoming a Chartered Accountant (CA) is rigorous and demanding, often requiring significant financial investment. For many talented South African students, financial constraints can be a formidable barrier. This is where the Thuthuka Education and Upliftment Fund (TEUF) steps in, offering a vital bursary program designed to support promising individuals in achieving their dreams of a career in chartered accountancy.
What is the Thuthuka Bursary?
The Thuthuka bursary is a specialized funding opportunity exclusively dedicated to students who aspire to become Chartered Accountants. It is not a guaranteed funding scheme but rather a competitive application process that assesses candidates on multiple fronts. Successful applicants enter into a crucial contract with both the Thuthuka Education and Upliftment Fund (TEUF) and the National Student Financial Aid Scheme (NSFAS), solidifying their commitment and the terms of the financial support. It’s important to note that this bursary is specifically for educational expenses and cannot be utilized to settle any existing loans or debts.
Eligibility and Application Process
The selection process for the Thuthuka bursary is comprehensive, focusing on identifying students with both academic potential and demonstrated financial need. Applicants are rigorously assessed based on three primary criteria:
- Academic Performance: Strong academic results are a key indicator of a candidate’s ability to succeed in the demanding CA curriculum.
- National Benchmark Test (NBT) Results: The NBT provides a standardized measure of academic readiness for higher education.
- Financial Need: This is determined through a thorough financial means test conducted by NSFAS, ensuring that the bursary reaches those who need it most.
The application process itself requires meticulous attention to detail. All compulsory fields, typically marked in red, must be completed, and all required documents must be uploaded. A critical step is the signing of the consent form, which is essential for the application to proceed. The application is only considered submitted once the “SUBMIT” button has been pressed, so applicants must ensure this final step is completed. The current application window is specifically for the 2026 academic year.
Required Supporting Documents
To ensure a complete and successful application, prospective students must gather and upload the following supporting documents:
- A signed consent form
- The applicant’s official identification document (ID)
- Copies of ID documents and salary slips for parent(s) or guardian(s)
- Copies of ID documents for all dependents listed on the family income
- Final Grade 11 results
- Final Grade 12 results (if applicable)
- A full university transcript (if already enrolled in university studies)
- A provisional acceptance letter from a university (if currently in high school)
Important Dates and Conditions
Adhering to deadlines is paramount for any bursary application. The closing date for Thuthuka bursary applications is August 31st, 2025, at 12:00:00 am. Applicants are strongly advised to submit their applications well in advance to avoid any last-minute technical issues. As previously mentioned, successful applicants must sign a contract with both TEUF and NSFAS, and the bursary strictly prohibits the settlement of existing loans or debts.
Privacy and Data Protection
The Thuthuka Education and Upliftment Fund (TEUF) is committed to protecting the personal information submitted by applicants. All personal data is processed in strict accordance with the Protection of Personal Information Act, 4 of 2013 (POPI), and other relevant data protection laws, ensuring the privacy and security of applicant information.
Conclusion
The Thuthuka Bursary Fund represents a significant opportunity for determined and academically strong students from financially disadvantaged backgrounds to pursue a career as a Chartered Accountant. By providing crucial financial support and a structured application process, Thuthuka plays a vital role in transforming lives and contributing to the future of the accounting profession in South Africa. Aspiring CAs are encouraged to review the eligibility criteria carefully, prepare all necessary documents, and submit their applications before the deadline to seize this invaluable opportunity.
For more information and to access the application portal, please visit the official Thuthuka Bursary Fund website: Thuthuka Bursary Fund
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