A Comprehensive Guide To The FASSET Bursary

15:01 Monrovia 0 Comments

The FASSET Unemployed Bursary is a silver lining for individuals seeking to further their education and enhance their employability in the financial and accounting sector. The Financial and Accounting Services Sector Education and Training Authority (FASSET) is committed to empowering South African youth through educational support. In this blog post, we'll delve into the key aspects of the FASSET Unemployed Bursary to help aspiring candidates navigate the application process successfully.

FASSET is a dynamic organization mandated to facilitate skills development in the financial and accounting services sector. Their commitment to addressing unemployment and fostering education is exemplified through the FASSET Unemployed Bursary, which aims to bridge the gap between academic aspirations and financial constraints.

Funded Courses:

The FASSET Unemployed Bursary covers a range of accredited courses related to financial, IT and accounting services. These courses are carefully selected to align with industry needs, ensuring that successful candidates are well-equipped for employment opportunities in the sector. Popular courses include finance management, accounting, bookkeeping, and more.

Selection Criteria

To be eligible for the FASSET Unemployed Bursary, applicants must meet specific criteria:

·         South African citizenship

·         Unemployed individuals with a commitment to pursuing a career in the financial and accounting services sector

·         Financial need, demonstrated through a means test

·         Academic merit – a minimum Grade 12 qualification with relevant subjects

Minimum Requirements:

Prospective applicants should ensure they meet the following minimum requirements before applying:

·         Grade 12 certificate with mathematics and accounting as subjects

·         Proof of South African citizenship (ID document)

·         Unemployment status and household income of between R0 and R660000

·         Acceptance into an accredited financial and accounting course at a recognized institution

Documentation Required:

Prepare the following documents to support your application:

·         Certified copy of ID document

·         Proof of academic qualifications (certified copies)

·         Proof of acceptance into a relevant course

·         Comprehensive CV

·         Completed FASSET Unemployed Bursary application form

TVET Colleges and Universities Applicable:

The FASSET Unemployed Bursary covers accredited courses at various Technical and Vocational Education and Training (TVET) colleges and universities across South Africa. It's crucial to ensure that the chosen institution and course are recognized by FASSET for bursary eligibility.

What the Bursary Covers:

The FASSET Unemployed Bursary provides comprehensive financial support, covering:

·         Tuition fees

·         Prescribed textbooks and study materials

·         Accommodation (if applicable)

·         Meals or meal allowances

·         Transport allowances for commuting students

Closing Date:

Applicants should be mindful of the annual closing date for FASSET Unemployed Bursary applications. It is recommended to check the official FASSET website or contact their offices for the most up-to-date information on application deadlines. This years closing date is the 15^th of February 2024 at midnight.

Tips to Increase Chances of Being Awarded the Bursary:

·         Thoroughly research and understand the eligibility criteria.

·         Ensure that all required documentation is complete and submitted on time.

·         Demonstrate a clear passion and commitment to pursuing a career in the financial and accounting services sector in your application.

·         Highlight any relevant volunteer work or extracurricular activities that showcase your dedication to personal and professional development.

·         Seek guidance from career counsellors or mentors to enhance the quality of your application.

The FASSET Unemployed Bursary opens doors for aspiring individuals to pursue education in the financial and accounting services sector, providing a stepping stone to a rewarding career. By understanding the application process, meeting requirements, and presenting a compelling case for selection, candidates can maximize their chances of being awarded this valuable bursary. Unlock your potential with FASSET and embark on a journey towards a brighter future in the financial world. No late applications will be considered.

Click here to apply.