Public Investment Corporation (PIC) Bursary South Africa 2023 – 2024
ABOUT THE COMPANY – PIC
Public Investment Corporation (PIC) Bursary South Africa | The Public Investment Corporation SOC Ltd (PIC) is under the ownership of the South African Government and is the only South African investment management company, whose focus is solely on the public sector.
As a leading investment management company in Africa, its top clients include the Unemployment Insurance Fund (UIF), the Compensation Commissioner Fund (CC), the Associated Institutions Pension Fund (AIPF), the Government Employees Pension Fund (GEPF), and the Compensation Commissioner: Pension Fund (CCPF).
ABOUT THE PIC BURSARY PROGRAMME – FIELDS COVERED
The Public Investment Corporation (PIC) is inviting students to apply for their bursary programme, for the 2023 academic year..
Bursaries will be awarded for undergraduate studies within these fields, relevant to the financial sector:
- Actuarial Science
- Computer Science
- Data Analytics
- Finance (Corporate | Investment)
- Human Resources
- Information Communications | Technology
- Internal Auditing
- Investment Management
- Mathematical Statistics
- Risk and Compliance Management
MORE ABOUT THE PIC BURSARY PROGRAMME – EXPENSES COVERED | SELECTION
The bursary will provide cover for the following expenses: tuition fees, prescribed books, accredited accommodation (institutional) and a meal allowance.
Bursary recipients may also have the opportunity to apply for and participate in: the PIC Vacation-work Intern programme, the Graduate Development Programmes and the Workplace Readiness Programme.
Successful candidates will be contacted no later than 31 January 2023 – if you do not receive any feedback by this date, please regard your application as unsuccessful.
Zabusaries.com is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the PIC Bursary.
ELIGIBILITY REQUIREMENTS FOR THE PIC BURSARY
Applicants must satisfy the following minimum entry criteria before applying for the bursary (please note that failure to satisfy all the requirements will lead to your application not being considered):
- You must be a South African citizen
- You must be under 30 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 (NQF 6 or 7) in one of the fields listed above, in 2022
- You must be registered to study at an accredited institute of Higher Learning in South Africa
- You must be pursuing your first tertiary qualification in 2022
- You must be an unemployed youth/ PIC dependent/ current PIC Bursary holder/ person living with a disability
- You must have achieved a minimum result of 60% for English in Matric
- You must have achieved a minimum result of 60% for Mathematics in Matric (if it is a requirement for your qualification)
- You must have achieved a minimum result of 60% for all other subjects in Matric
- You must have achieved a minimum overall average of 60% if currently studying at a tertiary level
- You must have a strong academic record
- You must be in financial need
HOW TO APPLY FOR THE PIC BURSARY
Applications must be submitted online at; PIC Bursary Application 2022
Enter “Zabusaries.com” in the field asking how you heard about the PIC bursary.
Submit clear copies of the following supporting documentation along with your application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- ID document (certified copy)
- Grade 11 final results and Matric June results, if currently in Matric (certified copy)
- Matric certificate, if completed Matric (certified copy)
- Full academic record/ transcripts, if currently studying (certified copy)
- Proof of preliminary acceptance or registration for 2022 (certified copy)
- Signed student study loan agreement or contract, if applicable (certified copy)
- Quotation from the 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 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)
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.
CLOSING DATE FOR THE PIC BURSARY
9 December 2022.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact the Public Investment Corporation (PIC) directly:
Ensure that you include your contact details when submitting an enquiry, so that PIC can get back to you.
NSFAS National Student Financial Aid Schemes
NSFAS: What is NSFAS?
NSFAS, or National Student Financial Aid Scheme, was established according to the National Student Financial Aid Scheme Act of 1999 and incorporated the Tertiary Education Fund of South Africa (TEFSA), which stopped operating in 2000.