Applications for the ABSIP Bursary Fund for Black South Africans for the 2023/24 academic session are currently open.
STANLIB, in partnership with ABSIP, is offering comprehensive funding support to historically disadvantaged students, as defined by the B-BBEE Act, studying towards a career in Investment Management.
The Association of Black Securities and Investment Professionals (ABSIP), was established in 1995 to address the apparent lack of representation of black professionals in the securities and investment industry. It was also conceived as a platform to address the aspirations of those in the industry and to create a forum for black professionals to exchange information and ideas. The mandate of ABSIP has evolved to encompass the empowerment of black professionals and black businesses across the financial services sector.
Worth of Award
- Accommodation (preferably on campus, but if not, it will be assessed)
- Book allowance (i.e., Textbooks/course material)
- Stipend (based on assessment of financial need) and
- Laptop (based on assessment of financial need)
To qualify for a bursary the following qualifying criteria must be met:
- Exceptional academic performance (i.e., an average of 75% in academic performance in core academic modules/subjects)
- Optional but preferable: demonstration of leadership qualities and participation in extramural activities such as sports, debating, chess clubs
- Financial need
- Be a Black South African citizen, as defined by the B-BBEE Act, accepted and or enrolled at the above-mentioned universities
- One page motivation letter of why the candidate wants to study or is studying towards an Investment Management qualification
How to Apply
- Certified ID copies of Applicant’s and Parent(s)/Legal Guardian(s)
- Academic Record
- Fee Statement
- Parent(s) or Legal Guardian(s) certified 3 months payslips and bank statements
- One page motivation letter
Deadline: The closing date for applications for the ABSIP Bursary Fund is February 13, 2023.