Key Facts
- Status
- Applications Closed
- Provider
- Field of Study
- Study Level
- Application Closes
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Eligibility Requirements
- South African citizen, aged under 25 in most listings
- Unemployed and in financial need
- Born in and living in one of the listed provinces
- Average of at least 60% in matric or in your latest tertiary results
- Full-time study for a first undergraduate qualification at a public institution
Documents Needed
- Completed bursary application form from the PIC website
- Certified copy of your ID
- Recent academic results
- Proof of residence, no more than three months old
- Proof of household income
About PIC Bursary
The PIC Bursary funds undergraduate students who study accounting, actuarial science, finance and information technology. The Public Investment Corporation, or PIC, manages government employees' pension money, and it uses the bursary to build a pipeline of young talent.
The PIC announced that applications for its 2026 programme were open, and the round closed on 31 October 2025. We found no later round on 8 November 2026. Its bursary page would not load for our reader, so the details below come from copies of the advert.
Funding Details
The copies describe a full bursary with a living stipend, but they do not give consistent rand amounts. The PIC must confirm what the award covers for the current round.
Ask for the terms in writing. Also ask whether you must work for the PIC after you qualify. State investment bodies often attach a work-back period, so read the agreement closely before you sign.
Keep your marks up, because the PIC will review your results each year.
Investment bodies value accuracy. Check every figure on your form, make sure that your certified copies are clear, and send the documents in the order that the form lists. A tidy application suggests that you will handle money with the same care, which matters a great deal in a fund that manages pension savings.
Where You Can Study
The copies say that you must study full time at a public South African institution. That means a public university or a university of technology. Private colleges do not qualify.
The PIC asks you to study for your first undergraduate qualification, so repeating a degree would also make you ineligible.
About Public Investment Corporation (PIC)
About the PIC The Public Investment Corporation, known as the PIC, is the largest asset manager in South Africa and one of the largest in Africa. It is owned by the South African government through the Minister of Financ…
View full provider profile →- Address
- Menlyn Maine Central Square, Corner Aramist and Corobay Avenues, Waterkloof Glen, Pretoria, 0181
- Phone
- +27 12 742 3400
- info@pic.gov.za
Fields of Study & Who Can Apply
The PIC invited outstanding students in accounting, actuarial science, finance, information technology and related fields. Copies add economics, law, computer science, internal audit and investment management. The bursary is for a first undergraduate qualification, so it does not fund postgraduate study.
The copies agree on several rules. Applicants must be South African citizens, aged under 25 in most listings, unemployed and in financial need. They must have been born in, and live in, one of the listed provinces, although the copies differ on whether Gauteng is included. Students with disabilities are encouraged to apply.
Because the province rule differs between copies, read the current advert closely before you spend time on the form.
Application Procedure
Download the form from the PIC bursaries page, complete it and email it with certified documents to bursaryapplications@pic.gov.za. The copies say that you should use only one submission method. Wait for the PIC to announce the next round before you send anything.
Applications for this cycle have closed. Check the provider's site for the next intake.
- Closes
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Questions about this application?
Contact Public Investment Corporation (PIC) directly:
Last verified:
Frequently Asked Questions
When did the last PIC round close?
The 2026 round closed on 31 October 2025. We found no later round.
Can postgraduate students apply?
No. The bursary is for a first undergraduate qualification.
Where do I send my application?
The copies give bursaryapplications@pic.gov.za. Check the PIC page for the current address.
