Nicasia Holdings Bursary Assistance Programme 2026: Funding Unfunded Students

Nicasia Holdings, in collaboration with global professional services firm AON, has opened applications for its 2026 Bursary Assistance Programme, aimed specifically at unfunded South African students already pursuing qualifications in high-demand, high-impact fields.

This initiative focuses on real financial relief — supporting students who are academically capable but lack the funding needed to complete their studies.

Quick Overview

  • Bursary Name: Nicasia Holdings Bursary Assistance Programme
  • Academic Year: 2026
  • Closing Date: 23 January 2026
  • Eligible Age Range: 18–30 years
  • Who Can Apply: Unfunded South African students
  • Fields Covered: Finance, Insurance, Risk Management, Investment & Engineering
  • Total Funding Value: Up to R120,000
  • Covers: Tuition, textbooks, accommodation & monthly allowance
  • Partner Organisation: AON
  • Application Method: Email
  • Enquiries: +27 64 501 3176

About Nicasia Holdings and AON

Nicasia Holdings operates in the financial services and investment space, with a strong focus on long-term value creation and skills development. Through its partnership with AON, a global leader in risk, retirement, and health solutions, the bursary programme aligns academic funding with real-world industry needs.

Together, they aim to develop future professionals who can strengthen South Africa’s financial, insurance, engineering, and risk management sectors.

Who Should Apply? (Eligibility Criteria)

Applicants must meet all the conditions below to qualify.

Basic Eligibility Requirements

  • Must be a South African citizen
  • Must be between 18 and 30 years old
  • Must be currently studying towards an approved qualification
  • Must not have any other bursary, NSFAS, or funding support
  • Must be able to submit a 2025 academic transcript

⚠️ Priority is given to students with no existing financial aid.

Approved Fields of Study

Applicants must be enrolled in one of the following study areas:

  • BCom Corporate Finance
  • Insurance and Risk Management
  • Investment-related qualifications
  • Engineering (relevant disciplines only)

Programmes are selected based on their relevance to critical skills shortages and economic impact.

What the Bursary Covers

The Nicasia Holdings Bursary provides comprehensive financial support valued at up to R120,000.

Funding May Include:

  • Tuition fees paid directly to the institution
  • Textbooks and academic resources
  • Accommodation support (approved housing only)
  • Monthly living allowance

This structure allows students to focus fully on their studies without the pressure of financial instability.

How to Apply for the Nicasia Holdings Bursary 2026

Applications are submitted via email, and accuracy is essential.

Step 1: Prepare Your Documents

You must submit:

  • Updated Curriculum Vitae (CV)
  • 2025 academic transcript
  • Certified copy of South African ID
  • Proof confirming that you do not have any bursary or funding

Step 2: Submit Your Application

Email all documents to:

📧 Primrose.mathea@nicasiaholdings.co.za

Use a clear subject line, for example:
“Nicasia Holdings Bursary 2026 Application”

Step 3: Apply Before the Deadline

🗓 Closing Date: 23 January 2026

Late or incomplete submissions may not be reviewed.

Career Opportunities After the Bursary

Graduates supported through this programme are well-positioned for careers in high-growth sectors.

Finance & Investment Pathways

  • Financial Analyst
  • Investment Consultant
  • Corporate Finance Associate

Insurance & Risk Management Careers

  • Risk Analyst
  • Insurance Underwriter
  • Compliance Officer

Engineering Career Routes

  • Graduate Engineer
  • Project Engineer
  • Technical Specialist

Many beneficiaries progress into graduate programmes, internships, and professional training pipelines, building long-term careers in critical industries.

Frequently Asked Questions (FAQs)

Can I apply if I already have NSFAS or another bursary?

No. This bursary is strictly for unfunded students.

Is the bursary open to postgraduate students?

The programme focuses on students currently studying approved undergraduate qualifications.

Do I need to be studying full-time?

Yes. Applicants must be actively enrolled in an approved qualification.

Is the full R120,000 guaranteed?

Funding is up to R120,000 and depends on individual needs and assessment.

Can engineering students from any discipline apply?

Only relevant engineering disciplines aligned with industry needs will be considered.

Related Opportunities on SETACareers

Itumeleng Ndlovu

Itumeleng Ndlovu is the Founder and Managing Editor of SETA Careers, an independent South African platform dedicated to publishing accurate information about learnerships, bursaries, internships, and skills development programmes. She specialises in researching and verifying updates from official government departments, SETAs, TVET colleges, and accredited institutions to ensure readers receive clear, reliable, and up-to-date guidance. She is committed to simplifying complex education and career information so South African students and job seekers can make informed decisions with confidence. Contact: info@setacareers.co.za