Bursaries are financial assistance given to students for further study for either degree, post graduate studies or both. Bursaries are awarded on a financial needs basis and are linked to satisfactory academic achievements with a solid academic track record at school and/or university.

Students who are awarded a bursary are required to serve a training contract with the specific office who awarded the bursary on completion of their studies. Bursaries have conditions attached to them and once students have completed their studies, students will have to work for a period of three years.

BDOS’s amount of money can be for that of a full bursary or that of a half bursary. Our bursaries do not cover all study expenses and only covers registration fees, tuition fees and books for each year of study. Students have to therefore be prepared to meet some of the costs.

Bursary applicants should meet the following criteria:

NOT be signed with any other professional services firm to complete a training contract;
NOT be in possession of a bursary / scholarship / financial assistance award which has employment obligations or post training contract employment obligations;
Be planning to study towards a Chartered Accountancy qualification (learners/scholars);
Commitment to study towards a Chartered Accountancy qualification with majors in accounting and auditing;
Be studying at a university which offers South African Institute of Chartered Accountants’ (SAICA) accredited programmes through to Honours / CTA level.

To be considered for a Bursary, you will need to meet the following selection criteria:

Matriculants:
Minimum “B” in Maths higher grade and minimum “B” in English higher grade either 1st or 2nd language; and an overall average of 70% or higher in the final grade 12 or equivalent results.

University students:
70% or more in Accounts I
70% or more in Accounts II
65% or more in Accounts III
First and second year students – overall average of 70% or higher
Third year students – overall average of 65% or higher
Academic criteria apply to the latest year of study completed, in which at least 4 subjects.

TO APPLY CLICK HERE

CLOSING DATE: 6 December 2013

*If you wish to be considered for this position please include: a 2 page CV; Academic transcripts (from Matric to your most current results); and copy of your ID document in your application

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That one way to be used when applying for a bursary is, simple: write a letter! Yes, writing a letter to the bursary manager or whoever holds an equivalent position to a bursary manager- this may be the human resources manager, the skills development officer or the training officer, depending on the particular organisation’s structure. In this letter you may refer to your current educational achievements and your ultimate educational goals and, of course, your desired career.

So the big question is: How to Write a Bursary Application Letter?

First I would like to start with the dos and don’ts of writing a bursary application letter.

The DOs are:

• Do motivate why you believe you should be considered or, for that matter, awarded a bursary from that particular institution. Your motivation should be clear and concise- and by this I mean you should not write a whole page of motivation. Two sentences to one paragraph would do.
• Do be straight to the point. Beating about the bush will only make the reader of your letter lose interest and, probably, encourage him/her to throw it in the bin.
• Do write your full name, contact number and address. This is because some companies or organisations prefer calling you back than writing you a letter- which may be lost in the post.
• And if possible, DO type your letter and have it printed out. Hand written letters tend to be unreadable sometimes as we don’t all have typewriter-like handwritings.

The DONTS:

• Don’t ever motivate your bursary application letter with your family situation. It is very okay to show your financial need, but do not go into detail. I have seen letters that would go as far as saying: “I need this bursary because my parents are divorced, my father is not taking care of us and we sometimes go to bed hungry” this definitely does not motivate but rather sought sympathy from your letter’s reader.
• Don’t include your parents’ payslips, your certified ID’s certified copies or any document to that extend. They have not requested these documents yet and they would be of no use to the bursary personnel at this stage. They may even lose interest in your letter- and we don’t want that, do we?
• Don’t make grammatical mistakes. These are totally unacceptable because it would prove just how careless and undetermined you are.
• Don’t spill stuff on your letter. It should be the cleanest piece of paper you have ever come across. You do not want to appear dirty, do you?

These dos and don’ts should at least get you a response if not a positive one from the bursary institution.

This article appeared in the first Bursary Bin blog, it was written by the founder of seniorjournalism.com and The Bursary Bin, Madimetja Mashishi.

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