Financial Sector Conduct Authority (FSCA) Bursary Requirements and How to Apply

The FSCA Bursary is a programme offered by the Financial Sector Conduct Authority in South Africa. 

The bursary supports students aiming for degrees in fields that align with the FSCA’s mandate to strengthen the financial services sector. 

It offers full-time undergraduate funding and work-back commitments so that recipients gain experience and exposure during and after their studies.

Fields of Study Covered by the FSCA Bursary

The bursary has two main streams:

• Actuarial Science Stream: Undergraduate studies in actuarial science at a recognised South African university.
• Students with Disabilities Stream: Undergraduate studies in fields such as Business Management, Data Science, Economics (B Com), Finance (B Com), and Law (LLB) for students with permanent disabilities.

Financial Sector Conduct Authority (FSCA) Bursary Eligibility Requirements

Depending on the stream, applicants must meet the following criteria:

Actuarial Science Stream

1. Must be a South African citizen.
2. Must be in Matric (Grade 12) with strong results, such as an A-symbol in Mathematics.
3. Must intend to study full-time towards an actuarial science qualification at a recognised South African university.
4. Must come from a previously disadvantaged background and show financial need.
5. Selection will involve a work-back contract proportional to the years funded.

Students with Disabilities Stream

1. Must be a South African citizen.
2. Must have a permanent disability, supported by a medical letter.
3. Must be studying or intending to register full-time for an undergraduate qualification in eligible fields at a recognised South African institution.
4. Must submit certified copies of ID, disability documentation, latest academic results, proof of household income, and motivational letter.
5. Will enter into a work-back contract and participate in experiential learning.

What the Financial Sector Conduct Authority (FSCA) Bursary Covers

Depending on the stream, the bursary covers:

1. Registration fees, tuition fees for full-time study.
2. Prescribed textbooks and study materials.
3. Accommodation, meals, living allowance, and assistive learning devices (for the disabilities stream) such as a wheelchair, software, computer.
4. Vacation experiential learning with the FSCA (especially in the Actuarial Science stream).
5. Commitment to employment or a service contract with FSCA after studies.

Financial Sector Conduct Authority (FSCA) Bursary Application Process

1. Visit the FSCA bursaries webpage.
2. Complete the online application form when it opens and submit it with the required documents. Documents typically include: certified ID, proof of disability (if applicable), latest academic results, proof of registration/acceptance, motivational letter, and household income proof.
3. For the Actuarial Science stream, include Matric results or a certificate with the required symbols in Mathematics.
4. Shortlisted applicants may be contacted for further verification. Only complete and timely applications will be considered.

Financial Sector Conduct Authority (FSCA) Bursary Closing Date

For the 2026 cycle, the closing date for the Disabilities Stream is 31 August 2025.

Applicants should confirm any updated closing date for the Actuarial Science stream on the FSCA website before applying.

Financial Sector Conduct Authority (FSCA) Bursary Contact Details

• Website: https://www.fsca.co.za/Pages/Bursaries.aspx
• Email: [email protected]
• Address: 41 Matroosberg Road, Ashlea Gardens, Extension 6, Pretoria (FSCA head office)

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