FASSET Matric Bursary 2026: Apply by 28 Feb for Up to R100,000 in Funding

For many students finishing high school, doing well in exams is just one part of their journey. The real pressure often kicks in after results are released, especially when university acceptance letters come through but funding remains uncertain. One option that can help is the FASSET Matric Bursary 2026. This bursary is designed specifically for talented 2025 matriculants wanting to study finance, accounting, IT, or actuarial sciences and who need financial help immediately, rather than promises for the future.

As bursaries grow more competitive and unpredictable, the FASSET bursary stands out for being clear, limited, and upfront about eligibility requirements.

Understanding the FASSET Matric Bursary 2026

The FASSET Matric Bursary 2026 isn’t meant for every school leaver. It provides targeted funding from the Finance and Accounting Services Sector Education and Training Authority (FASSET) to develop future professionals in areas with skill shortages.

This bursary is only for learners who completed matric in 2025, which automatically excludes many hopeful applicants each year.

Additionally, it is based on academic performance and requires a minimum average of 75%. This means the bursary focuses on students who excel academically, rather than only considering financial need.

FASSET also sets a household income limit of R1 million per year. This acknowledges that strong academic achievers may come from various financial backgrounds and sets a fair financial guideline.

This balance helps make the bursary both competitive and fair for those who qualify.

Who Should Apply for the Bursary

The criteria for this bursary may seem straightforward, but they quickly narrow the applicant pool.

The FASSET Matric Bursary 2026 is for learners who:

• Completed matric in 2025
• Achieved a minimum average of 75%
• Come from a household earning R1 million or less per year
• Have been accepted or registered at a public university or university of technology
• Are studying in fields related to the finance and accounting sector

These fields include:

• Economics and Management Sciences
• Auditing and Taxation
• Accounting Sciences
• IT-related qualifications
• Actuarial Sciences

If a learner’s course isn’t on this list, their application will not be accepted, even if they have outstanding grades. This isn’t a drawback. Instead, it highlights that sector-specific bursaries aim to address particular skills shortages.

ALSO, consider applying for the Sorbet Academy Bursary Programme 2026.

What Does the Funding Include? Where Are the Limits?

The bursary funding is capped at R100,000 per year for university students. It’s essential to understand this limit right away.

This funding can cover:

• Tuition fees
• Textbooks
• Accommodation
• Meal allowances

In many public institutions, this amount can cover a significant part of these costs, but it might not cover everything, especially at more expensive universities or in cities where living costs are higher. Students need to prepare for this reality and should consider additional funding sources, part-time work, or family support.

Nonetheless, in an environment where some bursaries may be reduced or canceled during a degree, having a clear annual cap provides the level of certainty that many families appreciate.

Why the FASSET Bursary is Important in 2026

Over the past few years, many students have realized that “available funding” doesn’t always mean it’s easy to access. The FASSET Matric Bursary 2026 is important because it is:

• Clear about eligibility
• Transparent regarding funding limits
• Focused on actual job market needs
• Firm about deadlines and outcomes

For those who meet the criteria, this bursary can mean the difference between starting their studies on time or having to postpone. For those who don’t qualify, it teaches an important lesson: understanding eligibility early saves time, stress, and prevents false hope.

Common Mistakes in Applications

Filling out the application form does not automatically collect your details. It’s essential for learners to provide all necessary information themselves.

Another important point: all required documents must be combined into a single file before uploading. Many applications are turned down simply because documents were submitted separately or incorrectly.

Mandatory documents include:

• A certified copy of your ID (not older than 6 months)
• A certified copy of your NSC statement of results
• An official acceptance letter from your university

Make sure to upload these documents through the official FASSET application link. Missing documents or incorrect formatting can quietly end your application without feedback.

If you have not heard back by 15 March 2026, consider your application unsuccessful. They do not promise follow-up emails or appeals.

Remember the closing date and time: 23:59 midnight on 28 February 2026.

Apply for the FASSET Matric Bursary 2026

FAQs: FASSET Matric Bursary 2026