1. SELECTION CRITERIA
The bursary scheme is only open to historically disadvantaged individuals to help ABSIP achieve its strategic objective of promoting careers in the financial services sector as a profession within the black communities and also of facilitating growth in the demographic representation of black professionals in the core strategic areas of the financial services sector.
The relevant course of study for an ABSIP bursary is a commercial degree or a related discipline however a course of study that is considered critical or in short supply to the broader South African economy will also be considered.
The bursary is designed to offer financial assistance based on academic merit and financial need. The academic merit involves having achieved a good academic record at the school level or at least a second class pass in the university studies.

2. PROGRESS REPORT
In the 2012 ABSIP awarded a full tuition bursary to one student studying towards an actuarial science degree at the University of Pretoria. A further four students have been selected to receive the ABSIP bursary of R50 000 each in 2013.The ABSIP bursary committee based their selection of the students on a combination of academic merit and financial need.

The four students (2 at the University of Johannesburg, 1 at the University of Pretoria and 1 at the University of Witwatersrand) are each studying towards various degrees in the broader commerce and finance disciplines. Bursary holders are expected to maintain satisfactory academic performance, to be members in good standing and to be involved in ABSIP activities.
The bursary scheme is one of many projects that ABSIP undertakes to achieve its vision of being the lead custodian of professional interest and black business in the Financial Services sector.
The ABSIP bursary application form can be found in the ABSIP website www.absip.co.za or at the Financial Aid Centres of the local tertiary institutions.

How to apply?

Click on the link below to download the application form, fill-it in and return it to the ABSIP together with all the riquired documents before closing date.

 ABSIP Bursary Application Form 2014 (508.36 kB) (CLICK HERE TO DOWNLOAD)

Details on where and how to return the application form are found on the form itself.

Closing Date: 30 January 2013

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Study fields funded
Bursary applications are invited from young people who aim to study full time towards an undergraduate university (academic) degree in :

• Commerce (Economics, Business Economics, Accounting, Investments and Finance),
• BCom Informatics,
• BSc Computer Science,
• BSc Information Technology,
• BIT-Bachelors of Information Technology,
• BIS-Bachelor of Information Science,
• Business Science,
• Science and  Mathematics,
• Engineering or
• Commercial LLB

Students who apply for an Engineering degree may be considered for the Sasol Inzalo Foundation Bursary should they qualify  .
Only first year Actuarial Science students already at university will be considered for this specific degree .

Requirements

• Applicants currently in Grade 12 and applicants already in possession of a National Senior certificate should have obtained at least 50% in all  their subjects with a minimum of 60% in Mathematics (not Maths Literacy) and 60% in English.
• Applicants who wrote Matric  (Grade 12) prior to 2008 must have obtained a minimum of a C-symbol in both Mathematics (HG) and English (HG).
• Bursaries will only be offered to applicants who are currently in Grade 12 or in their first year of University.
• Changing your degree after submitting your application form may lead to a cancellation of the bursary.
• No bursaries are available for private tertiary institutions.

Bursary amounts

The bursary amounts are reviewed and are subject to change every year.  For the 2013 academic year successful applicants received a partial bursary  to the value of R70 000. Applicants are thus advised to also apply through the Financial Aid Office of their university of choice for a study loan from the National Student Financial Aid Scheme (NSFAS) to cover the shortfall. Terms and conditions apply.

Studietrust (Investec’s bursary administrator) receives thousands of application forms each year and it is therefore not possible for us to acknowledge  receipt of all completed forms. All applications will be considered and selection will take place from September to December 2013. All applicants will be notified of the outcome by sms not later than 14 December 2013. Please contact us only if you have not had a response by 15 January 2014 on:
Telephone: (011) 403 1632; E-mail: [email protected]

How to apply

• Download the Investec Bursary Application Form for 2014 by clicking here
• Fill it in and return it to the address below

When completing the form, please take note of the following:

• Read the instructions carefully
• Return the application form to Studietrust before 30 September 2013
• Send the completed form, together with the required documents, to Studietrust, PO Box 29192, Melville, 2109. No faxed or e-mailed  applications will be accepted
• Applications that are not 100% complete will not be considered. Please ensure that all the requested documents are attached
• Only applications from South African citizens will be considered.

CLOSING DATE: 30 September 2013

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