The Financial Sector Conduct Authority (FSCA) is a financial institutions regulator that provides financial products and financial services. The FSCA is responsible for market conduct regulation and supervision.
The FSCA is a successor agency to the Financial Services Board (FSB) in South Africa, which was the South African government’s financial regulatory agency responsible for non-banking financial services until 2024.
ABOUT THE FSCA BURSARY PROGRAMME – FIELDS COVERED
The FSCA is inviting students to apply for their Bursary Programme, for the 2024 academic year.
Bursaries will be awarded for Actuarial Science studies at the University of Witwatersrand or the University of Pretoria, for the academic years 2024 to 2025. Bursaries will only be awarded for studies at these specific universities due to ease of communication and mentoring of students.
MORE ABOUT THE FSCA BURSARY PROGRAMME – COVERAGE VALUE & SERVICE CONTRACT
The bursary will provide cover for the following expenses: registration fees, tuition fees, prescribed books, study material, stationery, internet time, accommodation, meals, laptop and a monthly allowance for living expenses and incidental expenses.
Bursary recipients will be required to partake in vacation/ experiential learning at FSCA during university breaks, for a minimum period of 4 weeks each year.
After graduation, students will be required to enter into the work-back contract with the FSCA – the period of employment will be equal to the duration of funding received.
MORE ABOUT THE FSCA BURSARY PROGRAMME – SELECTION
Only short-listed candidates will be contacted – if you do not receive any feedback, please regard your application as unsuccessful. The FSCA reserves the right not to award any bursaries if suitable candidates are not identified.
The final selection will be based on Matric final results and acceptance into an actuarial study programme at WITS or UP.
ELIGIBILITY REQUIREMENTS FOR THE FSCA BURSARY
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- You must be a South African citizen
- You must be currently in Matric
- You must intend on studying towards an Actuarial Science qualification, from 2024 to 2025
- You must intend on studying at one of these universities: University of Witwatersrand (WITS) or the University of Pretoria (UP)
- You must have achieved a minimum “A” symbol for Mathematics in Matric
- You must be from a previously disadvantaged background
- You must be in financial need and unable to fund your studies
HOW TO APPLY FOR THE FSCA BURSARY
Applications must be submitted online at: Financial Sector Conduct Authority (FSCA) Bursary Application 2024
Reference number: ASD 2024
Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID Document (certified copy)
- Matric mid-year/ latest results (certified copy)
- Motivational letter to support your application and explain why you should be awarded the bursary
- Proof of application into an actuarial study programme at WITS or UP
CLOSING DATE FOR THE FSCA BURSARY
31 October.
(Applications submitted after these dates will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact the Financial Sector Conduct Authority (FSCA) directly:
HR Administrator
Email: [email protected] (for issues with uploading your CV or submitting your application)