Thursday, April 24, 2014

Please note that bursary applications for 2014 are now closed

BURSARY CONCEPT

One of ABSIP mission statements reads: "To build leaders that shape the future of the Financial Services industry and the broader economy".
To accomplish this mission statement, a pool of candidates with the relevant training, education and skill set, is a basic requirement out of which leaders will be developed. To this end, ABSIP has put together a bursary scheme for well deserving candidates to further their studies at any recognised South African university.

1. SELECTION CRITERIA
The bursary scheme is only open to historically disadvantaged individuals to help ABSIP achieve its strategic objective of promoting careers in the financial services sector as a profession within the black communities and also of facilitating growth in the demographic representation of black professionals in the core strategic areas of the financial services sector.
The relevant course of study for an ABSIP bursary is commercial degree or a related discipline however a course of study that is considered critical or in short supply to the broader South African economy will also be considered.
The bursary is designed to offer financial assistance based on academic merit and financial need. The academic merit involves having achieved a good academic record at the school level or at least a second class pass in the university studies.

2. PROGRESS REPORT
In the 2012 ABSIP awarded a full tuition bursary to one student studying towards an actuarial science degree at the University of Pretoria. A further four students have been selected to receive the ABSIP bursary of R50 000 each in 2013.The ABSIP bursary committee based their selection of the students on a combination of academic merit and financial need.

The four students (2 at the University of Johannesburg, 1 at the University of Pretoria and 1 at the University of Witwatersrand) are each studying towards various degrees in the broader commerce and finance disciplines. Bursary holders are expected to maintain satisfactory academic performance, to be members in good standing and to be involved in ABSIP activities.
The bursary scheme is one of many projects that ABSIP undertakes to achieve its vision of being the lead custodian of professional interest and black business in the Financial Services sector.
The ABSIP bursary application form can be found in the ABSIP website www.absip.co.za or at the Financial Aid Centres of the local tertiary institutions.

The closing date for submission of the bursary applications is the 29th November 2013

icon ABSIP Bursary Application Form 2014 (508.36 kB)

2013 Bursary Students

ABSIP Bursary Trust, a bursary scheme established for deserving candidates to further their studies at any recognised South African university. ABSIP has currently awarded bursaries to 6 students (their details are shown below) and it is working towards issuing further bursaries to 100 students by 2015.

  Sabelo Mnisi
University of Johannesburg
B Com Economics and Econometrics 1VT
2nd year

  Itumeleng Seanego
University of Johannesburg
B Com Finance 1VT
2nd year

  Sibusiso Semelane
University of Pretoria
Bachelor of Science in Biol and Agric (4yr)
1st year

  Hanna Sibanda
Wits University
BSC Hons Actuarial Science

  Prudence Lebogang Makololo
Wits University
Bcom Finance & Economics
2nd Year

  Michael Takunda Ngubeni
Wits University
Accounting Science
2nd Year