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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

STUDENTS PORTAL

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

Wilson Munezero

By

Wilson Munezero

Government Services & Opportunities Expert

Oct 4, 2025

May 15, 2026

6 min read

Apply for the 2026 PIC Bursary for South African youth in finance, law, economics & IT. Covers full tuition for unemployed, disadvantaged students.

Published

Updated:

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


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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.

❌ Note: The bursary does not cover postgraduate or second qualifications.

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)


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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:

PIC External Bursary Application 2026 – [Your Full Name]

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


Key Dates

Application Opens

Deadline to Apply

Funding Year

Open Now

31 October 2025

2026

Why Apply for the PIC Bursary?

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

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✔️ 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

Who can apply

Unemployed SA citizens (≤25 years)

Fields of study

Finance, Law, Accounting, Economics, IT

Level

Undergraduate only

Application method

Deadline

31 October 2025


Looking for more bursaries? Check our Latest 2025–2026 Bursary Opportunities in South Africa for finance, law, and technology students.


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