PIC Bursary 2026: Apply for Finance, Law & Economics Funding

About the PIC External Bursary

The Public Investment Corporation SOC Ltd (PIC) is South Africa’s largest asset manager, overseeing over R3 trillion in assets on behalf of government clients like the Government Employees Pension Fund (GEPF), Unemployment Insurance Fund (UIF), and Compensation Fund.

To support education and transformation, PIC invites applications for its External Bursary Programme for 2026, designed for financially needy, unemployed South African citizens who show strong academic potential and come from previously disadvantaged backgrounds.

📅 Applications close: 31 October 2025

📍 Study year funded: 2026 academic year

📧 Email applications to: bursaryapplications@pic.gov.za

🌐 Apply online: official Site

Fields of Study Covered

The PIC Bursary supports undergraduate students studying in the following commercial, legal, and management disciplines:

Finance, Economics & Management

• Accounting & Accounting Science (CA stream)

• Actuarial Science

• Applied Development Economics

• Cost and Management Accounting

• Economics and Mathematical Science

• Finance / Financial Management

• Investment Management

• Quantitative Finance

• Risk Management

• Research

Technology & Data

• Computer Science

• Information Management / Systems / Technology

• Internal Audit

• Mathematical Statistics

Law & HR

• Law (LLB)

• Human Resources Management

Eligibility Criteria

Applicants must meet the following requirements to qualify:

• Be a South African citizen, aged 25 years or younger.

• Be unemployed and residing in one of these provinces:

  • Mpumalanga, North West, KwaZulu-Natal, Northern Cape, Eastern Cape, Western Cape, Limpopo, or Free State.

• Are you intending to enroll or currently studying full-time for your first undergraduate qualification?

• Have achieved at least:

  • 60% overall average for Matric (mid-year results accepted), or

  • 60% average for your latest tertiary results.

• Be accepted or registered at a South African public accredited university or institution.

• Students living with disabilities are strongly encouraged to apply.

Required Documents

You must attach certified copies of:

• South African ID document

• Mid-year 2025 results or the latest academic record

• Matric certificate (if completed)

• Proof of household income (any of the following):

  • The latest payslip of parents/guardians

  • Affidavit if unemployed (state annual income)

  • 3-month bank statement if self-employed

  • Death certificate(s) if parent(s) are deceased

  • Proof of disability (if applicable)

How to Apply

1️⃣ Visit the PIC website: https://www.pic.gov.za/pic/employment/bursaries

2️⃣ Download and complete the External Bursary Application Form.

3️⃣ Email your application and documents to: bursaryapplications@pic.gov.za

4️⃣ Use the subject line:

✅ Only successful candidates will be contacted via email.❗ Incomplete or late applications will not be considered.

Key Dates

Why Apply for the PIC Bursary?

✔️ Covers tuition fees and learning costs at accredited public institutions.

✔️ Focused on in-demand financial and economic careers.

✔️ Designed to empower youth from disadvantaged backgrounds.

✔️ Opens pathways to internships and employment at the PIC.

Quick Summary