What does the Deloitte Bursary cover?

The Deloitte Bursary is a financial aid package designed to support exceptional students pursuing a Chartered Accountancy qualification.

It is awarded to individuals who demonstrate academic excellence, leadership potential, and a strong commitment to the accounting profession.

But what exactly does this bursary cover? Let’s find out.

What is the Deloitte Bursary?

The Deloitte bursary is a financial assistance program offered to deserving South African students who aspire to become chartered accountants.

It aims to support talented individuals in their academic journey by covering a significant portion of their study-related expenses.

Deloitte, a leading professional services firm, recognizes the importance of nurturing future accounting leaders and invests in students who demonstrate academic excellence and a strong commitment to the profession.

What Does the Deloitte Bursary Cover?

The specific coverage of the Deloitte bursary can vary from year to year, but typically includes the following:

  1. Tuition Fees: A substantial portion of your tuition fees at a SAICA-accredited university is covered by the bursary. This financial relief allows you to focus on your studies without the burden of hefty academic costs.
  2. Prescribed Textbooks: The bursary often includes a provision for purchasing essential textbooks required for your accounting courses. This ensures you have the necessary resources to excel academically.
  3. Accommodation: In some cases, the Deloitte bursary may provide financial assistance towards accommodation costs, especially for students studying away from home. This support helps alleviate the financial strain associated with finding suitable housing.
  4. Additional Expenses: The bursary might cover other study-related expenses, such as stationery, transport, and incidental costs. This comprehensive support contributes to a smoother academic experience.

It’s important to note that the exact amount of funding and coverage may differ depending on individual circumstances and the availability of funds.

Is Accommodation Included in the Deloitte Bursary?

While accommodation is often considered as part of the Deloitte bursary package, it’s not guaranteed.

The inclusion of accommodation in the bursary depends on various factors, including the student’s financial need, availability of funds, and the terms and conditions of the bursary program.

You should carefully review the bursary application guidelines to determine if accommodation is covered in your case.

What Other Benefits Does the Deloitte Bursary Offer?

Apart from financial support, the Deloitte bursary provides several additional benefits to recipients:

  1. Mentorship: Successful bursary holders often have the opportunity to be mentored by experienced Deloitte professionals. This mentorship can offer invaluable guidance, career advice, and industry insights.
  2. Work Experience: The bursary program may include opportunities for work experience within Deloitte during vacation periods. This practical exposure to the accounting profession can be invaluable in building your professional network and gaining practical skills.
  3. Career Development: Deloitte is committed to the professional growth of its bursary recipients. You may have access to career development workshops, training programs, and other resources to enhance your employability.

What Happens After Completing My Studies?

Upon successful completion of your studies, Deloitte typically requires bursary recipients to enter into a service contract.

This means you’ll be obligated to work for Deloitte for a specified period, usually three years.

This is a way for Deloitte to recoup its investment in your education and ensure a return on its bursary program.

How to Apply for the Deloitte Bursary

To apply for the Deloitte bursary, you typically need to meet the following criteria:

  1. Be a South African citizen
  2. Have completed Matric with Mathematics
  3. Be studying or intending to study towards a SAICA-accredited Chartered Accountancy qualification
  4. Demonstrate strong academic performance
  5. Meet the specific eligibility requirements outlined by Deloitte.

The application process usually involves submitting an online application, academic transcripts, and supporting documents.

Make sure you carefully read the application guidelines and submit all required information to increase your chances of success.