June 24, 2024
auditor-general busary

Auditor-General Bursary | AGSA Bursary Online Application

Education is a fundamental right for every individual, yet not all have equal access to it. Financial constraints often become a barrier to education, especially at the tertiary level. The AGSA bursary fund is a means to address this issue and ensure equal access to education. Here is how you can apply for the Auditor-General South Africa Bursary Programme.

What is a Bursary?

A bursary is a financial award given to a student based on their academic achievements, financial need, or other criteria. It is usually provided by an organization or institution to assist the student with the cost of their education. Unlike a loan, bursaries do not have to be repaid. The amount of money awarded can vary depending on the circumstances and requirements of the bursary.

What is the AGSA Bursary?

Established in 1911, the Auditor-General of South Africa (AGSA) serves as the highest audit authority in the country. Its primary duty is to scrutinise and disclose the allocation of South African taxpayers’ funds by the government. AGSA annually delivers audit reports encompassing government departments, public entities, municipalities, and public institutions. Moreover, the AGSA issues reports on discretionary audits, performance audits, and other specialised audits.

How Much is the Auditor-General Bursary Award?

The AGSA bursary programme offers financial assistance to all South African citizens, irrespective of race, colour, or creed, pursuing Chartered Accountancy degrees. This bursary encompasses tuition fees, hostel/university accommodation fees inclusive of meals, or a living allowance, along with a book allowance. Successful bursary recipients must undertake a minimum 3-year term of service with AGSA upon the conclusion of their studies.

Eligibility Requirements for Auditor-General South Africa Bursary

General Requirements

  1. The bursary exclusively supports studies in Chartered Accountancy, meaning applicants must be pursuing or planning to pursue Chartered Accountant qualifications (e.g., BCom Accounting CA stream, Bachelor of Accounting CA stream, and BCompt). (You can check out bursary programmes for other fields here.)
  2. It is applicable only for full-time studies at a university accredited by the South African Institute of Chartered Accountants (SAICA).
  3. Once granted, the bursary covers tuition fees, university accommodation, meals, and books.
  4. Recipients of the bursary are obligated to engage in articles or enter into a training contract with the organisation upon the completion of their studies, as stipulated in the bursary contract.
  5. Only South African citizens are eligible for the bursary
  6. Fluent in English with excellent communication abilities
  7. Possess effective interpersonal skills
  8. Demonstrate motivation, determination, and a commitment to achieving success
  9. Exhibit strong leadership potential

Matric Students Applying for First-Year Studies

  1. Required to achieve matric exemption with university entrance
  2. Must attain a minimum of 60% in English.
  3. Must achieve a minimum of 60% in Mathematics (excluding Maths Literacy).
  4. The application must include the following documents: Copy of ID, Grade 11 year-end results, university acceptance letter, and Grade 12 mid-year results

First-Year Students Applying for Second-Year Studies

  1. Required to achieve a score of 60% or above in Financial Accounting
  2. Must be enrolled in the chartered accountancy programme
  3. Should have secured 60% or higher in both Mathematics and English during Matric
  4. The application must include the following documents: A copy of ID, Matric results, and academic record

Second-Year Students Applying for Third-Year Studies

  1. Required to achieve a score of 60% or above in Financial Accounting
  2. Required to achieve a score of 60% or above in Management Accounting
  3. Must be enrolled in the chartered accountancy programme
  4. The application must include the following documents: A copy of your ID and a full academic record

Final-Year Students Applying for Postgraduate Studies

  1. Required to attain a minimum of 55% in all core modules of the chartered accountancy programme
  2. Must secure acceptance into the CTA programme
  3. The application must include the following documents: A copy of ID, full academic record, and acceptance letter into the CTA programme

How to Apply for Auditor General SA Bursary Fund

  1. Applicants must apply online through the AGSA application portal.
  2. You must create an account to qualify for the application.
  3. Submit clear copies of the required documents. (Check the required documents above.)

Please note the following:

  • Registration of your profile is a prerequisite for application.
  • Ensure that the documents you upload are in PDF format and do not exceed 2MB.
  • In the event of an error, the system will erase your uploaded documents, necessitating a re-upload.
  • If the requested academic records are unavailable, please apply with your most recently completed academic results.

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