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Public Investment Corporation (PIC) – Bursaries for 2023

Closing Date: 09 December 2022

The Public Investment Corporation (PIC) invites students to apply for Bursaries Programme 2023 academic year.

Bursaries will be awarded for undergraduate studies within these fields, relevant to the financial sector:

  • Accounting
  • Actuarial Science
  • Auditing
  • Computer Science
  • Data Analytics
  • Economics
  • Finance (Corporate & Investment)
  • Human Resources
  • Information Communications & Technology
  • Internal Auditing
  • Investment Management
  • Law
  • Mathematical Statistics
  • Research
  • Risk and Compliance Management

Expenses Covered

The bursary will provide cover for the following expenses: tuition fees, prescribed books, accredited accommodation (institutional) and a meal allowance.

Bursary recipients may also have the opportunity to apply for and participate in: the PIC Vacation-work Intern programme, the Graduate Development Programmes and the Workplace Readiness Programme.

Successful candidates will be contacted by no later than 31 January 2023 – if you do not receive any feedback by this date, please regard your application as unsuccessful. 

Eligibility Requirements For The Pic Bursary

Applicants must satisfy the following minimum entry criteria before applying for the bursary (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 under 30 years of age
  • You must be currently in Matric or have completed Matric
  • You must be studying or intend on studying full-time, towards an undergraduate qualification (NQF 6 or 7) in one of the fields listed above, in 2023
  • You must be registered to study at an accredited institute of Higher Learning in South Africa
  • You must be pursuing your first tertiary qualification in 2023
  • You must an unemployed youth/ PIC dependents/ current PIC Bursary holders/ person living with a disability
  • You must have achieved a minimum result of 60% for English in Matric
  • You must have achieved a minimum result of 60% for Mathematics in Matric (if it is a requirement for your qualification)
  • You must have achieved a minimum result of 60% for all other subjects in Matric
  • You must have achieved a minimum overall average of 60%, if currently studying at tertiary level
  • You must have a strong academic record
  • You must be in financial need

How to Apply

Applications must be submitted online at: PIC Bursary Application 2023 Applicants will be required to Register an Account before they can Login and apply. Submit clear copies of the following supporting documentation along with your application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):

  • ID document (certified copy)
  • Grade 11 final results and Matric June results, if currently in Matric (certified copy)
  • Matric certificate, if completed Matric (certified copy)
  • Full academic record/ transcripts, if currently studying (certified copy)
  • Proof of preliminary acceptance or registration for 2023 (certified copy)
  • Signed student study loan agreement or contract, if applicable (certified copy)
  • Quotation from the institution (tuition, books, learning institution accredited accommodation and meals) (certified copy)
  • Proof of disability, if applicable (medical certificate) (certified copy)
  • Parents or guardians proof of monthly household income and dependants (latest payslips if employed, affidavit if unemployed, affidavit stating annual income if self-employed, death certificate if deceased, SASSA letter if receiving a grant, court letter stating child support amount if parents are divorced, affidavit from parent stating child support amount received if parents are separated) (certified copy)

Note: documents must have been certified within the last 3 months. Application forms must be signed by the applicant, or by a parent or guardian if the applicant is under 18 years old.

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