FASSET Employed Bursary Programme 2026/2027: Funding Opportunity for Working South Africans
The FASSET Employed Bursary Programme 2026/2027 is now accepting applications from employed learners pursuing qualifications in priority occupations. Learn about eligibility requirements, funding benefits, required documents, and how to apply before 17 August 2026.
FASSET Opens Applications for the Employed Bursary Programme 2026/2027
South Africans who are currently employed and looking to further their education have a valuable opportunity to advance their careers through the FASSET Employed Bursary Programme 2026/2027. The programme has been designed to provide financial assistance to employees who are pursuing higher education qualifications aligned with scarce skills and critical occupations within South Africa.
As industries continue to evolve and employers seek highly skilled professionals, obtaining additional qualifications has become increasingly important. However, the cost of higher education often presents a significant challenge for many working individuals. Through this bursary programme, FASSET aims to help bridge that gap by supporting employees who are committed to academic growth and professional development.
Applications are currently open and will close on 17 August 2026 at 23:59.
Supporting Skills Development in South Africa
The Finance and Accounting Services Sector Education and Training Authority (FASSET) plays a vital role in promoting education, skills development, and workforce transformation within South Africa’s finance, accounting, auditing, taxation, and related sectors.
The Employed Bursary Programme forms part of FASSET’s broader strategy to strengthen the country’s skills base by encouraging continuous learning among employed professionals. By funding studies in priority occupations, the programme contributes to building a more qualified workforce capable of supporting economic growth and industry development.
The bursary is specifically targeted at individuals who are already employed and seeking to improve their qualifications while remaining active in the workplace.
Who Can Apply?
The bursary programme is intended for employees who meet specific eligibility criteria established by FASSET.
To qualify, applicants must be employed by a FASSET-registered employer. This ensures that the funding supports individuals working within sectors that fall under FASSET’s scope and mandate.
Applicants must also be studying or planning to study a qualification that is linked to one of the Occupations in High Demand (OIHD) identified by FASSET. These occupations represent areas where critical skills shortages exist and where additional qualified professionals are needed.
In addition, applicants must be registered or intending to register at a recognized Public Higher Education Institution (HEI). This requirement ensures that funded qualifications are obtained through accredited and reputable institutions.
The bursary is available to learners pursuing qualifications at NQF Level 6 or above, making it suitable for diploma, advanced diploma, degree, honours, postgraduate diploma, master’s, and other higher-level qualifications.
Funding Benefits Available
One of the major attractions of the FASSET Employed Bursary Programme is the financial support it offers to eligible learners.
The bursary provides funding of up to R60,000 per learner per academic year, helping to reduce the financial burden associated with higher education studies.
The funding is limited to one academic year (2026/2027) and is intended to assist learners with costs related to their studies. By easing financial pressures, the bursary allows recipients to focus more effectively on academic performance and career development.
For many working professionals balancing employment responsibilities with academic commitments, this support can make a significant difference in achieving educational goals.
A Competitive Selection Process
The bursary programme operates on a first-come, first-served basis, subject to applicants meeting all eligibility requirements and funding availability.
Because funding is limited, interested candidates are encouraged to submit their applications as early as possible rather than waiting until the closing date.
FASSET has also indicated that academic performance may be considered during the evaluation process where applications exceed available funding. This means that strong academic records could strengthen an applicant’s chances of receiving financial assistance.
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Required Supporting Documents
Applicants must ensure that all supporting documentation is submitted together with their bursary application.
The required documents include:
- Certified copy of South African ID
- Certified highest qualification certificate
- Academic record or transcript
- Employment confirmation letter (not older than three months)
- Proof of registration for the 2026 academic year or admission letter from a university for 2027 academic applications
- Latest payslip or medical report (where applicable)
Applicants should note that certified documents must generally not be older than three months at the time of submission. Failure to provide complete and valid supporting documents may result in disqualification from the application process.
Preparing these documents in advance can help applicants avoid delays and ensure that their submissions are processed successfully.
Why This Bursary Matters
Many South African professionals face the challenge of balancing work responsibilities with the desire to improve their qualifications. While higher education can unlock new career opportunities, tuition fees and study-related expenses often create financial barriers.
The FASSET Employed Bursary Programme addresses this challenge by enabling employees to continue developing their skills without carrying the full financial burden themselves.
By investing in employed learners, the programme not only benefits individual recipients but also contributes to strengthening organizations and industries through enhanced skills and expertise.
Employees who gain additional qualifications often improve their prospects for promotions, leadership roles, salary growth, and long-term career advancement.
Opportunities for Career Growth
Qualifications funded through the bursary can support career development in several fields associated with the finance and accounting services sector.
These may include careers in:
- Accounting
- Auditing
- Taxation
- Financial Management
- Risk Management
- Business Analysis
- Compliance
- Investment Services
- Banking and Financial Services
- Corporate Finance
As organizations increasingly seek qualified professionals with advanced knowledge and specialized skills, continued education can provide a competitive advantage in the job market.
Application Deadline
Interested applicants should submit their applications as soon as possible to maximize their chances of securing funding.
Programme: FASSET Employed Bursary Programme 2026/2027
Funding Value: Up to R60,000 per learner per academic year
Eligible Applicants: Employed learners studying qualifications linked to priority occupations
Application Closing Date: 17 August 2026 at 23:59
For employed South Africans who are determined to invest in their future, the FASSET Employed Bursary Programme offers an excellent opportunity to gain valuable qualifications while continuing to build their careers. With substantial financial support available and a focus on scarce and critical skills, the programme serves as an important pathway toward professional growth and long-term success.
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