Public Investment Corporation (PIC) Bursary

Fields of study

Bursaries will be awarded for undergraduate studies within the following fields

• Accounting and Accounting Science (CA stream)
• Actuarial Science
• Applied Development Economics
• Cost and Management Accounting
• Computer Science
• Economics and Mathematical Science
• Finance / Financial Management
• Human Resources Management
• Information Management / Information Systems / Information Technology
• Internal Audit
• Investment Management
• Law (LLB)
• Mathematical Statistics
• Quantitative Finance
• Research
• Risk Management

Who can apply

• Be a South African citizen
• Not be older than 25 years of age
• Have been born in and be residing in these provinces: Mpumalanga, North West, KwaZulu-Natal, Northern Cape, Eastern Cape, Western Cape, Limpopo, Free State or Gauteng
• Be currently in Matric or have completed Matric
• Be studying or intend on studying full-time, towards an undergraduate qualification within one of the fields listed above (the bursary does NOT cover postgraduate studies)
• Be pursuing your first undergraduate qualification (the bursary does NOT cover second undergraduate qualifications)
• Be admitted (registered or accepted) to study at a Public Accredited Institution of Higher Learning in South Africa
• Have achieved a minimum overall average of 60% for Matric mid-year results
• Have achieved a minimum overall average of 60% for your most recent results, if currently studying
• An unemployed
• Be in financial need
• Have proven excellent academic performance
• Applicants living with a disability are encouraged to apply

Documents you will need

• ID document (certified copy)
• Matric June results, if currently in Matric (certified copy)
• Matric certificate, if completed Matric (certified copy)
• Full academic record/ transcripts, if currently studying
• Proof of preliminary/ acceptance from a recognised institution
• 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)
• If disabled: proof of disability (medical certificate)

Full bursary documents checklist

How to apply

1. Check the requirements

   Make sure you meet every requirement listed above. Applications that miss one are usually rejected automatically.

2. Prepare your documents

   Scan clear copies of everything the provider asks for, certified where required.

3. Apply through the official channel
   • PIC Bursary Application 2026
   • PIC Bursary Application 2026 (option 2)
   • Consent Form

   Email [email protected]

   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.

4. Submit before the closing date

   Usually closes around October. Late applications are almost never accepted.

Applications for the current cycle have closed. This bursary usually opens again each year, so prepare your documents now and check back.

Genuine bursaries never charge an application fee. How to spot bursary scams

Contact the bursary provider

• Email [email protected]

Contact the provider only with questions about this bursary. StudentBursaries.co.za does not process applications.

About Public Investment Corporation (PIC)

The Public Investment Corporation (PIC) is the state-owned asset manager that invests public sector funds, including the Government Employees Pension Fund.