PIC (Public Investment Corporation) Bursaries 2024: Financial Aid for Unemployed Undergraduate Students

About the PIC (Public Investment Corporation)
The Public Investment Corporation SOC Limited (PIC) is an asset management company that is completely owned by the government of the Republic of South Africa, represented by the Minister of Finance. The PIC was established in 1994 and is headquartered in Johannesburg. The Public Investment Corporation (PIC) was established in 1911 as the Public Debt Commissioners and became a corporation on April 1, 2005, in compliance with the Public Investment Corporation Act, 2004. The PIC is one of the world’s most prestigious and successful asset management companies, and it is by far the biggest in Africa by market capitalization.

The majority of PIC’s customers are public sector organizations that are involved in the provision of social security. Government Employees Pension Fund (GEPF), Unemployment Insurance Fund (UIF), Compensation Commissioner Fund (CC), Compensation Commissioner Pension Fund (CP) and Associated Institutions Pension Fund are some of the pension funds that exist in the country (AIPF).

About the PIC (Public Investment Corporation) Bursaries 2024
The PIC (Public Investment Corporation) is offering financial assistance for South African students who are pursuing undergraduate qualifications in 2024. The PIC (Public Investment Corporation) Bursaries is an all-inclusive programme that welcomes people of all different backgrounds. As an awardee, you will be provided with the necessary support to chase after your academic qualification. If you display exemplary academic scores and valuable qualities as a student, you are more than encouraged to give this opportunity a shot.

The PIC (Public Investment Corporation) Bursaries is available for the following fields:

  • Law (LLB)
  • Accounting & Accounting Science (CA stream)
  • Internal Audit
  • Economics and Mathematical Science
  • Information Management/Systems/Technology
  • Actuarial Science
  • Applied Development Economics
  • Human Resources Management
  • BSc in Property Studies / Construction Studies
  • Cost and Management Account
  • Risk Management
  • Investment Management
  • Computer Science
  • Mathematical Statistics
  • Quantitative Finance
  • Finance/Financial Management
  • Research

If you think this opportunity works best for you, feel free to register for the PIC (Public Investment Corporation) Bursaries.

Eligibility Criteria
Candidates interested in the PIC (Public Investment Corporation) Bursaries must fulfill an eligibility criteria before proceeding with their applications. Each of these items below will determine whether you have what it takes to proceed with this bursary. To guarantee a successful application, candidates are advised to meet all of the following requirements. Failure to do so will cause disadvantageous consequences towards the overall result of your applications. Be sure to jot down these items for personal reference.

The PIC (Public Investment Corporation) Bursaries Eligibility Criteria are as follows:

  • Focus the PIC bursary on students who are either planning to enroll or are currently pursuing their first undergraduate qualification. Please note that we do not provide funding for post-graduate or second qualifications.
  • Ensure that applicants are South African Citizens aged 25 years or younger.
  • During the shortlisting process, take into account the following criteria:
    • Give top priority to applicants with disabilities.
    • For matriculants, require a minimum pass rate of 60% in each subject.
    • For tertiary-level applicants, mandate a minimum 60% pass rate in each module and an overall average based on the most recent results.
    • Verify that applicants have been accepted for studies at a South African Public Accredited Institution of Higher Learning.

Application Instructions
Apply online: PIC (Public Investment Corporation) Bursaries 2024.

Before you apply, please register then login.

Applicants will be required to Register an Account before they can Login and apply.

In order to visit the web site indicated above, it is recommended that you use Google Chrome as your browser.

Candidates are required to register on the application portal in order to submit their applications. This account will be required for the duration of the registration process.

Additionally, you will need to provide the documents below:

  • A completed application form
  • A valid RSA identity document copy
  • Proof of disability (medical certificate)
  • Academic transcripts (if currently enrolled at an accredited tertiary institution)
  • Matric Certificate (or Grade 11 and June results if currently in Grade 12)
  • Copy of a signed student study loan agreement or contract (if applicable)
  • Preliminary acceptance letter(s) from an accredited tertiary institution
  • Quotation for tuition, books, accredited learning institution accommodation, and meals
  • Proof of monthly household income and dependents, for instance:
    • Salary or wage slips if employed, or an affidavit if unemployed
    • Death certificate if applicable
    • SASSA letter indicating received grants if applicable
    • Affidavit declaring annual income if self-employed
    • Court letter stating child support amount in cases of divorce, or an affidavit from the parent detailing the child support amount received if parents are separated.

Ensure that all supporting documents are officially certified, and please note that these certified copies should not be more than three months old as of the submission date. Additionally, the application form should bear the signatures of both the applicant and, in the case of minors, the Parent/Guardian.

Protecting your account information will help to ensure that your account is protected at all times. Never give out your account information to anybody else, especially not your password.

It will be examined by the entire selection committee, which will include you, and the information you supply will be kept confidential. As a result, you should do a thorough check to guarantee that there is no fake information included. Candidates may be placed in a potentially hazardous situation if there is proof that they are providing misleading information.

The selection committee will use the information you provide to register you for the event. By submitting your applications, you are giving the committee permission to use your personal information for this reason.

It is necessary for candidates to submit their applications through the website listed above. Attempts to submit materials by other means, such as by hand delivery or fax, will be denied by the committee evaluating the application.

Closing Date
Applications for the PIC (Public Investment Corporation) Bursaries must be submitted before the closing date on 30 September 2023.

It is possible to guarantee that your application is protected as soon as possible by registering as soon as feasible. However, this does not guarantee immediate success and is just designed to give you with a stable position during the recruitment process.

Incomplete applications will not be accepted by the selection committee. Candidates that submit their applications after the deadline will not be considered.

PIC (Public Investment Corporation) has the right to offer or refuse employment to anybody at any time in its sole and absolute discretion. The decisions of the choosing committee are final and binding on all parties engaged in the process. Candidates are strictly disallowed from canvassing with the final decision of the selection committee.

Committee Details
If you have any inquiries or concerns about the PIC (Public Investment Corporation) Bursaries, please do not hesitate to reach out. Feel comfortable sending your questions to the designated contact person listed below:

Email address: [email protected]


  1. Good morning
    I trust you are well
    Are there any bursaries for computer science
    Thank you
    Kind regards
    Llewellyn Pillay

  2. Good day.My name is Ramille Jevaan Thumbran.I am a male am 36 years old residing in a Wendy with my wife and 8 years daughter.I have a matric and willing to learn and further my qualifications in whatever job is put out for me me.I would like to take this opportunity being that I have epilepsy which is boldly undercontrol.I am in desperate need of help for my family living in a sane and clean environment

  3. Good Morning

    Hope you well.

    Please advise if there is any bursaries for Psychology.

    Thank You

    Kind Regards

    Mrs Barathlal

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