Pursuing a career in accounting can open many doors in South Africa, but the cost of education can be a challenge.
Fortunately, several bursaries are available to help students study accounting without financial stress.
This article highlights the best accounting bursaries for 2026, including eligibility requirements, application details, and deadlines.
Whether you are in high school or already enrolled in university, this information will help you find the right funding for your studies.
Top Accounting Bursaries for 2026
- SAICA Thuthuka Bursary Fund
The South African Institute of Chartered Accountants (SAICA) offers the Thuthuka Bursary Fund to support Black African and Coloured students from disadvantaged backgrounds who aspire to become Chartered Accountants. The bursary covers tuition, books, meals, accommodation, and provides additional support such as mentoring and life skills training. Applicants must be South African citizens, have achieved at least 60% in Mathematics (not Mathematical Literacy), and have a combined family income of not more than R350,000 per annum. Applications for the 2026 academic year close on 31 August 2025 at 12:00. - Auditor-General of South Africa (AGSA) Bursary
AGSA offers bursaries to students pursuing Chartered Accountancy studies. The bursary covers tuition fees, accommodation, meals, and books. Applicants must be South African citizens, studying full-time towards a Chartered Accountancy qualification at a SAICA-accredited university. Matric students must have achieved at least 60% in Mathematics (not Mathematical Literacy). The closing date for applications for the 2025 academic year was 15 October 2024; similar timelines can be expected for 2026 applications. - Old Mutual Accounting Bursary
Old Mutual offers bursaries to South African students pursuing an undergraduate Accounting Science degree (Chartered Accounting Stream). The bursary covers tuition fees, study materials, accommodation, and return flights home if studying away from home. Applicants must be South African citizens, under 21 years old, and have achieved at least 70% in Mathematics (not Mathematical Literacy) and 60% in English. The closing date for applications for the 2025 academic year was extended to 31 October 2024; similar deadlines are anticipated for 2026 applications. - Tegkor/Nelson Mandela University Accounting Bursary
This bursary is aimed at students admitted to BCom Accounting or BCom Accounting Sciences programmes at Nelson Mandela University. It supports students with excellent academic results and financial need, particularly those in the “missing middle” income category (household income above R350,000 but below R600,000). The bursary provides up to R12,500 for new students and R7,500 for current students. The closing date for applications for the 2025 academic year was 14 March 2025; similar dates are expected for 2026 applications.
What are the eligibility requirements for accounting bursaries in South Africa?
Eligibility criteria for accounting bursaries vary by programme but generally include:
- South African citizenship.
- Strong academic performance, particularly in Mathematics and Accounting.
- Enrollment or intention to enroll in a SAICA-accredited university.
- Financial need, with some bursaries targeting students from disadvantaged backgrounds or specific income brackets.
- Commitment to pursuing a career in Chartered Accountancy.
How do I apply for an accounting bursary?
Application processes typically involve:
- Completing an online application form on the bursary provider’s website.
- Submitting certified copies of academic records, ID documents, and proof of university acceptance.
- Providing evidence of household income.
- Writing a motivational letter or essay, if required.
- Meeting the application deadline.
What expenses do accounting bursaries cover?
Most accounting bursaries cover:
- Tuition fees.
- Accommodation and meals.
- Textbooks and study materials.
- Some may also include allowances for travel and personal expenses.
Are there obligations after receiving a bursary?
Yes, bursary recipients are often required to:
- Maintain satisfactory academic performance.
- Participate in mentorship or training programmes.
- Work for the sponsoring organisation for a specified period after graduation.
Can I apply for multiple bursaries?
Yes, students can apply for multiple bursaries. However, it’s important to:
- Ensure that the terms and conditions of each bursary allow for multiple funding sources.
- Disclose all bursary applications and awards to each provider.
What is the “missing middle” in bursary terms?
The “missing middle” refers to students whose household income is too high to qualify for government financial aid but too low to afford university expenses without assistance.
Bursaries targeting this group aim to bridge the financial gap for these students.
How important are National Benchmark Tests (NBTs) for bursary applications?
Some bursaries, like the SAICA Thuthuka Bursary, require applicants to have written the NBTs. These tests assess academic readiness and are used alongside school results to evaluate candidates.
It’s important to check each bursary’s specific requirements regarding NBTs.
For students aspiring to a career in accounting, these bursaries offer valuable financial support and opportunities for professional development.
Meeting the eligibility criteria and adhering to application deadlines are critical steps in securing funding for your studies.