FSCA Study Bursary

Offered by FSCA Study

Closed Usually closes around August

The FSCA Actuarial Science Bursary is for Matric learners from disadvantaged backgrounds who are on track for an A in Maths and want to study actuarial science. It is fully comprehensive, covering fees, a laptop, accommodation, meals, data and living expenses.

Who can apply

  • Be a South African citizen
  • Be currently in Matric
  • Achieve a minimum A-symbol for Mathematics in Matric
  • Intend on studying full-time, towards an Actuarial science qualification
  • Intend on studying at a recognised university in South Africa
  • Be from a previously disadvantaged background
  • Be in financial need and not be able to afford your studies for the 2026 to 2029 academic years

What the bursary covers

  • Registration fees
  • Tuition fees
  • Books
  • Study material
  • Stationery
  • Internet time
  • Laptop (once-off)
  • Accommodation
  • Meals
  • Living expenses (monthly allowances for incidental expenses)
  • Vacation work at the company may be required during university holidays.
  • A work-back period applies: you may need to work for the funder after graduating, usually for as long as you were funded.

What a work-back bursary means

Documents you will need

  • ID document/ ID card (certified copy)
  • Matric mid-year/ latest results (certified copy)
  • Motivational letter to support your application (read our tips on how to write a motivational letter for your bursary application)
  • Parents or guardians proof of household income (latest payslips if employed/ affidavit if unemployed/ proof of pension or social grant if applicable)

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
  4. Submit before the closing date

    Usually closes around August. 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

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

About FSCA Study

The Financial Sector Conduct Authority (FSCA) is the market conduct regulator for South Africa's financial sector.

StudentBursaries.co.za is an independent directory and is not affiliated with the bursary provider. Logos and trademarks belong to their owners. Always confirm the details on the official website before you apply. Last checked: October 2026.