Public Investment Corporation (PIC) Bursary 2024 – How to Apply

Public Investment Corporation is inviting undergraduate students to apply for their bursary programme for the 2024 academic year. This bursary programme was established in 2017, with the aim of providing funding to academically performing and financially deserving students. If you are a student who needs financial aid, seize this opportunity and apply for the PIC bursary today.

This article will help you with your application by providing you with information about the PIC Bursary, its eligibility requirements, select fields of study, how to apply for the bursary programme, and the closing date.

About Public Investment Corporation Bursary

Formed in 2017, the Public Investment Corporation aims to provide funding to academically performing and financially deserving students. The bursary aims to assist and close the gap in tertiary education funding and provide undergraduate study funding assistance to unemployed youth registered for full time studies at Accredited Higher Learning Institutions, within South Africa.

The PIC bursary will cover the following expenses for its recipients; tuition fees, recommended books, accommodation within the institution and a meal allowance.

Eligible Fields of Study for the PIC Bursary

You must be studying one of the following programmes for you to be able to apply for this bursary programme:

• 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

Eligibility Requirements

For you to be considered eligible for the PIC Bursary programme, you have to meet the following requirements:

• You must be a South African citizen
• You must NOT be older than 25 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 within one of the fields listed above
• You must be registered to study at a Public Accredited Institution of Higher Learning in South Africa
• You must be pursuing your first undergraduate qualification (the bursary does NOT cover second undergraduate qualifications or postgraduate qualifications)
• You must unemployed
• You must be in financial need
• You must have proven excellent academic performance

Note that preferences will be given to:

• Applicants living with a disability
• Matriculants who achieved a minimum of 60% pass on each subject
• Undergraduate students who achieved a minimum of 60% pass in each module and overall average of the most recent results.

How to Apply for the PIC Bursary

visit the PIC bursary application webpage, create a new account ( if your’e applying for the first time), login and complete your application. The following documents will be requested from you during your application:

• South African ID document (certified)
• Grade 11 final results and Matric June results, if currently in Matric (certified copy)
• Matric certificate, if completed (certified copy)
• Full academic record/ transcripts, if currently studying (certified copy)
• Proof of preliminary acceptance or registration for 2024 academic year (certified copy)
• Signed student study loan agreement or contract, if applicable (certified copy)
• Quotation from your 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

Note that if your are selected for this buirsary, you will be contacted through E-mail, so if you did not recieve feedback, it means your application was not successful.

Closing Date

Applications for the PIC bursary programme will close after 30th September 2023, so make sure you apply on or before that day if you are really interested in this bursary.