Thuthuka Bursary Fund 2023-2024

Thuthuka Bursary Fund 2023-2024

The Thuthuka Bursary Fund is a program that is available solely to African and Coloured students who dream of becoming Chartered Accountants but do not have the funds in order to fulfill that dream. Every year, between 250 and 300 Thuthuka bursaries are awarded for undergraduate BCom Accounting degrees, to students who come from disadvantaged communities.

The word “thuthuka” is a Zulu verb which, in English, translates to “to develop”. This indicates the goal of the fund: for dedicated students to develop not only their education and careers but also their perspectives and life achievements.
The universities that partake in the bursary scheme are accredited by the South African Institute of Chartered Accountants (SAICA). SAICA is not only the leading accountancy body in our country, but it is also influential on an international level.


Any candidates who wish to be considered for this bursary must be South African citizens with valid IDs, be of African or Coloured race, and must be financially needy. The financial need is based on a NSFAS Means Test. The National Student Financial Aid Scheme is a government-funded organization which was created precisely to provide financial aid to students who wish to study at a tertiary education institution. The test will calculate the student’s ability to contribute to their own education based on factors such as family income and other funding sources.
In terms of academic requirements, applicants must meet the following minimum criteria:

  • Achieved at least 60% 5 or above on the NSC Scale of Achievement) for final Grade 11 Mathematics result – Mathematical Literacy does not apply
  • Currently in Grade 12 with the intent to study for a Bachelor of Commerce in Accounting (if already matriculated, it should not have been more than two years ago)
  • Have enough points to qualify for university entrance
  • Have applied or are in the process of applying to one of the designated SAICA-accredited universities
SEE ALSO:  Meatco Bursary Scheme 2023-2024

Universities to Apply to
Not all SAICA-accredited universities are part of the scheme. Individuals who want to be considered for this bursary must select a university from one of the following to apply to:

  • University of Johannesburg
  • University of Cape Town – students must enroll for the Bachelor of Commerce code CB011
  • Nelson Mandela Metropolitan University
  • Stellenbosch University
  • Pretoria University
  • University of Free State
  • Yhe University of Witwatersrand

In order to improve their chances of university acceptance, Thuthuka recommends that prospective candidates apply to at least two of the abovementioned universities – one of which is closest to their homes.


The comprehensive bursary package includes funding for:

  • University fees e.g. tuition
  • Accommodation fees
  • Books
  • Monthly living allowance

Since the Thuthuka program wishes to do more than merely pay for the studies. It also seeks to contribute to the economic and social upliftment of South Africa’s youth. So apart from the funding, depending on the specific university, bursars can also expect the following aid:

  • Additional academic support in the form of additional lectures, tutorials and/or assessments
  • Language and logic exercise to improve English language comprehension and to better equip students with problem-solving skills and techniques
  • A mentorship program where not only the bursar gets a mentor, but in turn will be able to mentor someone else as well
  • Interactive workshops to teach life-skills and promote workplace-readiness

Selection Process
After the Thuthuka Bursary Fund application forms have been received, the TBF team will screen the candidates. Selected applicants will receive an invite for testing and an interview. The testing process will include a National Benchmark Test (NBT) which is used to assess the candidates’ linguistic and numeric skills, as well as their mathematic aptitude. The results of the testing are then sent to the TBF Project managers at the respective universities.
Once a shortlist has been determined, the successful candidates will be provisionally awarded the bursary. However, it will be finalized pending their final Grade 12 results. Candidates will be notified by Thuthuka and also by their university.

How to Apply For the Thuthuka Bursary Fund?
Applicants can download the Thuthuka Bursary Fund online application by following the link on the SAICA website (applications open from the end of January). Completed applications are then to be posted to the following address:
Thuthuka Bursary Fund
PO Box 59875

Along with the completed form, applicants also need to include a recent passport or ID photo in colour, as well as certified copies of their:

  • ID
  • Parent/guardian’s ID
  • IDs of people who are dependent on the family’s income
  • Parent/guardian’s salary advice or an affidavit if unemployed
  • Final Grade 11 results
  • Final Grade 12 results (if applicable)
  • Stamped letter from school confirming registration and the subjects taken
  • University provisional acceptance letter
SEE ALSO:  Allan Gray Bursaries 2023-2024

On a separate piece of paper and in their own handwriting, candidates must briefly answer the following two questions:

  1. What is your motivation for wanting to become a Chartered Accountant?
  2. Why do you believe that you should be awarded the bursary?

And finally, candidates should also include a short essay about themselves. They must add detail about their life plans and their family, to further support their applications.

The Thuthuka Bursary Fund closing date is the 30
th of April for the following year’s enrollment.
Thuthuka Bursary Fund Contact Details:
Contact Centre: 086 107 2422

 See Also
AAUW Bursaries
ABSA Bursaries
AfriSam Bursaries
Allan Gray Bursaries
Anglo Coal Bursaries
Anglo Platinum Ltd Bursaries
Aurecon Bursaries Program
BBD Bursaries 
BestMed Bursaries
Bhp Billiton Bursaries
BMW Bursaries 
British American Tobacco Bursaries
Bursaries for Engineering 
Bursary For Software Engineering 2017 Offered By We Think Code_
Coca Cola Bursaries
Construction Education and Training Authority CETA Bursaries
CSIR Bursaries ()
David Morrison Bursaries
De Beers Bursaries
Denel Dynamics Bursaries
Department of Agriculture, Forestry & Fisheries Bursaries 
Department of Correctional Services Bursaries
Department of Education Bursaries 
Department of Finance Bursaries
Department of Health Bursaries
Department of Higher Education Bursaries
Department of Public Works Bursaries 
Department of Social Development Bursaries
Department of Transport Bursaries
Ekurhuleni Bursaries
Ernest & Young Bursaries
Eskom Bursaries ()
Exxaro Bursaries ()
Fidelity Fund Bursaries Program
First National Bank Bursaries
First Rand Laurie Dippenaar Scholarship
Fullbright Scholarship & Bursary Program
Funza Lushaka Bursary
GIBB Bursaries
Glencore (XSTRATA) Bursaries
Gold Fields Bursaries 
Great North Transport Bursaries
Harmony Gold Bursaries
HAW & INGLIS Civil Engineering Bursaries
HCI Foundation Bursaries
HESA Commonwealth Scholarship/ Bursaries
Inscape Bursaries 2017 for Disadvantaged Learners
Investec Bursary
ISASA Bursaries
Kantey & Templer Bursaries
KPMG Bursaries
Kumba Iron Bursaries
KwaZulu Natal Bursaries
Lonmin Bursaries
Mayoral Bursaries
Mercedes Bursaries
Merseta Bursary: How to Apply for ?
MINTEK Bursaries
MTN Bursaries
MultiChoice Bursaries
Murray & Roberts Bursaries
National Treasury Bursaries
National Youth Development Agency Bursaries 
Nedbank Bursaries Program
Netcare Bursaries Programme
NMISA Bursaries
NSFAS Bursaries 
NSFAS Bursary
Old Mutual Bursaries
Oxford Graduate Scholarships Bursaries
Palabora Copper Bursaries
Petra Diamonds Bursaries
PWC (Price Waterhouse Coopers) Bursaries
SA Military Bursaries Program
SAB Bursaries 2017 (South African Breweries)
Sacema Bursaries
SAICA Bursaries
SAIRR Bursaries
SAMA Bursaries
SANSA Bursaries
SAPPI Bursaries 
SAPS Bursaries (South African Police Services)
SARS Bursaries 2017
Sasol Bursaries
Shoprite Bursaries
Siemens Bursaries 
Sizwe Ntsaluba Gobodo Bursaries
SPOORNET (Transnet Freight Rail) Bursaries
Stanlib Bursaries
Stefanutti Stocks Bursaries
Study Trust Bursaries
Sun International Bursaries
Telkom Bursaries
The National Skills Fund Bursaries
The Rhodes Trust Scholarship / Bursaries
TISO Foundation Bursaries: Bursaries for the Disadvantages Youth
Unilever Bursaries
Vodacom Bursaries
Volkswagen Bursaries
SEE ALSO:  Study Trust Bursaries 2023-2024 

Leave a Comment