EY is a big accounting company that helps students in South Africa who want to become accountants. They give money to smart students who need help paying for their studies. This program is more than just money though. Students get many benefits that help them start their career in accounting. EY wants to find & support the best students who will become great accountants in the future. The company believes that helping these students is good for everyone. It makes the accounting world better and gives young people a chance to succeed. Students who get this support can focus on their studies without worrying about money. EY knows that today’s students will be tomorrow’s business leaders. That’s why they invest in education and training for people who want to work in accounting.
EY offers two types of student support. The first is the Academic Merit Bursary which rewards good grades. The second is the Academic Merit with Financial Need Bursary which helps students who have both strong grades and money concerns. Both options let students focus on their studies without stress about money. These bursaries also create a direct path to start working at EY after graduation.
Overview Of The Program
| Aspect | Details |
|---|---|
| Name of Bursary | EY Bursary (Chartered Accounting) |
| Organized By | Ernst & Young (EY) South Africa |
| Duration | Covers the duration of the Chartered Accounting degree. |
| Stipend | Varies by bursary type: partial tuition for the Academic Merit Bursary, and a combination of tuition, accommodation, books, and meals for the Academic Merit with Financial Need Bursary. |
| Location | South Africa, with training contracts at EY offices across the country. |
Who All Can Apply – Eligibility
To be considered for the EY Bursary, applicants must meet the following mandatory requirements:
- Must be a citizen of South Africa.
- Must have completed Matric or be currently in Matric. For matriculants, a strong academic record with a minimum of four A’s in Matric (excluding Life Orientation) is required.
- Must be studying or intend to study a CA-accredited degree at a SAICA-accredited South African university.
- For university students, applicants must submit their full academic record, including mid-year 2025 results.
- To be eligible for the Academic Merit with Financial Need Bursary, candidates must provide proof of financial need, including parental payslips or an affidavit confirming unemployment.
- A genuine intention to qualify as a Chartered Accountant (SA) and complete a training contract with EY is essential.
Advantages Of The Program
The EY Bursary helps students with money and career growth. You get many useful benefits when you join the program. The package includes full payment for your studies and textbooks. You also receive a laptop and monthly allowance for living costs. EY gives you work experience during holidays & helps you learn job skills. You can join training sessions to boost your knowledge. The program connects you with mentors who guide your career path. After graduation you might get a job offer at EY. The bursary focuses on making you ready for work life. It helps you grow both as a student and future professional. EY wants to support talented students who need financial help to reach their goals.
- Financial Coverage: The money you get from a bursary can help pay for different things. Some bursaries only cover part of your tuition while others pay for everything. A full bursary might include your housing costs books and food expenses. The amount of support depends on which bursary program you receive.
- Mentorship and Support: Students who get bursaries get help from mentors & coaches. They also join Smart Sessions that teach them study skills & exam tips. This support runs throughout their time at school to help them do well.
- Professional Development: Taking part in EY holiday programs gives students a first look at what it’s like to work in a real company. Students learn basic job skills and get ready for their future careers. The programs help them understand office life and teach them what employers want. They can practice teamwork and learn how to act in a workplace. This early experience makes it easier to find jobs later and helps students feel more confident about working.
- Networking Opportunities: EY bursary students can join events and meet people who work in the industry. This helps them make good connections with professionals & other students. They get to talk with experts and learn from their experience. These meetings can lead to future job opportunities and helpful business contacts.
- Job Opportunity: Upon completion of their degree, bursary recipients are required to complete a training contract (minimum of three years) with EY, providing a guaranteed job and a clear career path.
Procedure for Enrollment
First go to the EY website and find the bursary section. Create your account by filling in basic details like your name and email. Make sure you have all important documents ready before you start. You’ll need your ID school results and proof that you need financial help. Next fill out the main application form. Tell them about your grades your activities & why you want this bursary. Be honest about your family’s money situation. Upload all the documents they ask for. The last step is to check everything and submit. Make sure all the info is correct and your documents are clear. After you send it you’ll get an email saying they got your application. Remember to apply before the deadline. EY will look at all applications & pick students who match what they’re looking for. They’ll tell you by email if you got the bursary or not. That’s all you need to do. The process is simple if you follow these steps and send everything they need.
- Gather all the necessary documents, including your CV, certified ID, certified academic transcripts (including mid-year 2025 results for university students), proof of registration, and proof of income or unemployment for financial need applicants.
- Visit the EY South Africa careers website.
- Fill out the online application form with accurate personal and academic details.
- Ensure all required documents are uploaded as a combined PDF under the “Additional Optional Attachment” tab.
Selection Procedure
There is not a very tough selection procedure but they surely ensure that the benefits they are giving through the bursary are really been given to the one in real need, They follow few simple steps that are mentioned below for selection.
- Documentation : The application’s are been reviewed ensuring that all the necessary documents are details are been provided.
- Shortlisting: After the documentation the candidates are been shortlisted and are been send for further procedure
- Interview: Shortlisted candidates will be invited for a virtual or physical interview.
- Training Contract Offer: Successful candidates who pass the interview stage will be offered a training contract.
- Bursary Agreement: A bursary agreement is signed after the training contract has been accepted.