EY Bursary Programme in South Africa 2025

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The EY Bursary is a highly sought-after financial assistance program in South Africa, designed to support students pursuing education in specific fields. Ernst & Young, commonly known as EY, is one of the leading professional services firms globally, offering auditing, consulting, tax, and advisory services. EY has a significant presence in South Africa and is committed to fostering talent through its bursary program.

 About the Bursary Provider

Ernst & Young, commonly known as EY, is a global professional services firm with a strong presence  in over 150 countries. As a leader in assurance, advisory, consulting, and tax services, EY plays a significant role in supporting businesses and fostering economic growth worldwide. The company is also known for its commitment to corporate social responsibility, which includes initiatives to support education and talent development. In South Africa, EY has a well-established bursary program designed to assist students pursuing degrees in disciplines relevant to the company's core services, such as accounting, finance, and business. This program reflects EY's dedication to nurturing the next generation of professionals by providing financial assistance to talented and deserving students.

The EY Bursary is part of the firm's strategy to create a pipeline of skilled professionals who can contribute to EY's success and the broader business community. By offering bursaries to students, EY aims to ensure that financial barriers do not prevent talented individuals from pursuing their academic and career goals. In addition to supporting education, this program helps EY maintain a diverse and capable workforce while contributing to the broader objectives of social and economic development in South Africa.

Fields Covered

Bursaries are given to individuals who show a strong commitment to becoming Chartered Accountants and have academic records that suggest they have the capability to achieve this goal, especially considering their financial need. In return for the bursary, recipients are expected to work at EY for the length of their training contract, which is at least three years.

Types of Bursaries Open for Application

The EY Bursary in South Africa offers two distinct types of bursaries for applicants:

 Academic Merit with Financial Need Bursary

This type of bursary is designed for students who not only demonstrate exceptional academic performance but also have a financial need. It's aimed at students who, despite their academic achievements, might face financial barriers that could hinder their ability to pursue higher education. The key aspects of this bursary are:

- Comprehensive Coverage: The bursary provides financial support for a range of educational expenses. It can cover one or more of the following:

  - Tuition Fees: A significant portion or even the full amount of the university tuition fees.

  - Accommodation: Financial support for on-campus or off-campus housing costs.

  - Books: Assistance with purchasing textbooks and other academic materials.

  - Meals: Coverage for meal plans or daily food expenses.

 Academic Merit Bursary

The Academic Merit Bursary targets students with outstanding academic achievements. It does not specifically require proof of financial need, focusing instead on rewarding academic excellence. Here are the key aspects of this bursary:

- Partial Coverage: This bursary covers tuition fees. While it does not usually extend to accommodation, books, or meals, it provides substantial assistance in reducing the financial burden of tuition.

 Eligibility Requirements for the Bursary

- Citizenship and Identification: You must be a South African citizen with a valid South African ID.

- Academic Performance: A minimum academic record showing at least four A’s, excluding Life Orientation, is required.

- Education Path: You should be pursuing a degree relevant to Chartered Accountancy, which typically involves three to four years of study, followed by an Accounting Honours/Certificate in Theory in Accounting (CTA).

- University Enrolment: You must be enrolled in or accepted by a university accredited by SAICA (South African Institute of Chartered Accountants).

Below is a list of SAICA-accredited universities:

- University of Cape Town

- University of Stellenbosch

- University of KwaZulu-Natal

- University of the Witwatersrand

- University of the Free State

- University of the Western Cape

- Walter Sisulu University

- University of Johannesburg

- Rhodes University

- University of Limpopo

- University of Pretoria

- UNISA

- Monash University

- University of Fort Hare

- University of Zululand

- North-West University

- Institute of Accounting Science

- University of Venda

- Nelson Mandela Metropolitan University

Ensure you meet these eligibility criteria and are enrolled in one of the SAICA-accredited institutions to be considered for the bursary.

How to Apply

The application process for the EY Bursary involves several steps. It is crucial to follow the instructions carefully to ensure a successful application. Here's how to apply:

1. Online Application: EY requires applicants to submit their applications through their official website. Visit the EY Careers page and navigate to the bursary section to find the application form.

2. Personal Information: Provide your personal details, including name, contact information, and address.

 Required Documents for Bursary Applications

To complete your bursary application, you'll need to submit the following documents:

- Certified Copy of Your Identification Document: A notarized or certified photocopy of your South African ID.

- Curriculum Vitae (CV): A detailed resume outlining your education, work experience (if any), skills, and other relevant information.

- Motivational Letter: A personal statement explaining why you are a suitable candidate for the bursary, including your academic goals and career aspirations.

- Academic Reports/Transcripts: Include your Grade 11 and Grade 12 academic results or transcripts.

- Latest University Fee Quotation: A recent fee statement from your university that shows the cost of your tuition and other related expenses.

- Proof of Household Income: This is required if you're applying for the Academic Merit with Financial Need Bursary. It can be proof of income from parents or guardians or other documents demonstrating financial need.

Opening Dates for Application

2025 Bursary Applications Open in August 2024

You can start applying for bursaries for the 2025 academic year in August 2024.

 To track and apply for bursaries when applications open, use this link:

- Website: https://www.ey.com/en_za/careers/apply-for-our-bursary-program

The EY Bursary in South Africa is an excellent opportunity for students to pursue their education and career goals with the support of a leading global professional services firm. By meeting the eligibility requirements and submitting a strong application, you can increase your chances of being awarded this prestigious bursary. Make sure to check the EY website for specific dates and requirements, and prepare all necessary documents to ensure a successful application.

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