Bursary Scheme

The ACT Educational Trust is a charity that promotes the treasury profession through education and support. The Trust offers bursaries to assist students from developing countries who are unable to fund or gain sponsorship for their studies, to study for an ACT qualification.

TREASURY QUALIFICATIONS BURSARIES 

We offer a bursary for the Certificate in Treasury Fundamentals

The bursary covers:

  • online learning materials fee 
  • student membership fee
  • assessment fee (your first exam sitting, and one re-sit if needed).

Having successfully completed the Certificate in Treasury Fundamentals, students can then apply for a bursary to cover the Certificate in Treasury and Diploma in Treasury Management.

CASH QUALIFICATIONS BURSARY

If you are more interested in cash management specifically, you may wish to apply to study the Award in International Cash Management.

The bursary covers:

  • online learning materials fee 
  • student membership fee
  • assessment fee (your first exam sitting, and one re-sit if needed).

ELIGIBILITY

1. Check the list of eligible countries before you apply. We only offer bursaries if you are a national and resident from one of these countries.

Eligible countries >

2. You may be exempt from the Certificate in Treasury Fundamentals, in which case you may be eligible to apply for a bursary for the Certificate in Treasury instead. Take a look at the following exemption information and if you think it applies to you, get in touch so that we can help you and ensure you apply for the correct bursary.

Qualified accountant

If you are ACCA, CIMA, ICAEW qualified or qualified with an IFAC recognised body, you are exempt from the Certificate in Treasury Fundamentals.

We recommend that you begin your studies with the Certificate in Treasury. You may also be exempt from certain units of the Certificate in Treasury. Take a look at the accountancy exemptions information to see which exemptions apply to you.

If the accounting exemptions applies to you, complete the Accountant Bursary form below. 

Other professional qualifications

If you are a CFA Charter holder you are eligible for direct entry on to the Certificate in Treasury. You will need to provide a copy of your qualification certificate when applying. Please get in touch so that we can help you and ensure you apply for the correct bursary.

SELECTION PROCEDURE

Awarding of bursaries is based on their availability and the information provided on the application forms. The awards are made entirely at the discretion of the ACT Educational Trust.

Please note: every application window has an allocated budget spend. If the number of applications exceeds this allocation the bursaries will be awarded on a first come, first served basis (providing the eligibility criteria has been met).

From October 2021 we wil be offering any unsuccessful candidates the option to take a partial bursary, whereby they would need to pay for their first examination on enrolment. For CertTF this would be one examination, for CertT this would be five examinations and so on for all the subsequent qualifications. Candidates may opt to take the partial bursary or to wait for the next application window.

Candidates will be contacted within two weeks of the application deadline and asked to attend a short, 15 minute meeting with an ACT member who will discuss the qualification the candidate is applying for and speak to them about what is involved in taking an ACT qualification. These meetings will be held virtually via Microsoft Teams and are informal and designed to ensure candidates have an opportunity to ask questions about the ACT bursary and qualifications. 

Candidates will be notified of the outcome of their application via email within four weeks of the application deadline.

EMPLOYMENT DECLARATION

Please complete the attached employment declaration form. If you are currently in employment, your line manager should complete Section A, confirming that company sponsorship is not available. If you are currently unemployed, we ask you to complete Section B. You will be asked to confirm that you are not studying for another qualification when you apply to ensure you are able to focus fully on the ACT's qualification.

APPLY NOW

We have reached the financial capacity for bursary applications for this financial year. We hope to re-open the bursary scheme later in 2023.

CERTIFICATE IN TREASURY FUNDAMENTALS BURSARY

⬤  If you are a national and resident of one of the countries listed above, and are unable to gain sponsorship for your studies from your employer, please complete the bursary application form. All applications must include the Employment Declaration form. We will let you know if your application has been successful within four weeks of the application deadline. 

Application deadline: We hope to re-open the bursary scheme later in 2023.

 

AWARD IN INTERNATIONAL CASH MANAGEMENT BURSARY

⬤  If you are a national and resident of one of the countries listed above, and are unable to gain sponsorship for your studies from your employer, please complete the bursary application form. All applications must include the Employment Declaration form. We will let you know if your application has been successful within four weeks of the application deadline. 

Application deadline: We hope to re-open the bursary scheme later in 2023.

 

ACCOUNTANTS BURSARY

⬤  If you are a qualified accountant you should apply for the Accountant Bursary.

If you are a national and resident of one of the countries listed above, and are unable to gain sponsorship for your studies from your employer, please complete the bursary application form. All applications must include the Employment Declaration form. We will let you know if your application has been successful within four weeks of the application deadline. 

Application deadline: We hope to re-open the bursary scheme later in 2023.

 

DONATE TO THE ACT EDUCATIONAL TRUST

If you would like to help the success of aspiring treasury professionals, funding for bursaries is via charitable donations.

Any amount is welcome and appreciated!

If you have any questions about donating, please contact us.

Donate now

INSPIRATIONAL STORIES FROM BURSARY HOLDERS

We're very proud of all ACT bursary holders. They continue to go on and do great things in their careers. If you are interested, explore some insight into the experiences of three of our bursary holders:

 

“Taking this qualification has given me an added advantage and confidence.” Read about my experience here.

Misozi Masotomela, former Accounts Assistant (Payables) at Africonnect Zambia (now inq. Digital Zambia)

 

“I really believe having these qualifications will make my CV stand out.” Read about my experience here.

Bob Kiggundu, Head of Product Control - African regions, Standard Bank South Africa

 

"Studying with ACT opened many doors for me. After completing the Certificate in Treasury Fundamentals, I was promoted to Senior Treasury Dealer. Read more about my experience here."

Chikondano Faith Chisala, Senior Treasury Dealer, NBS Bank Limited Malawi