EY Bursary 2025: Understand the Eligibility Criteria and Application Process

Are you aware that the EY (Ernst & Young) accounting firm is inviting students to apply for its 2025 bursary programme? Also, did you know that it is targeted at students studying towards a chartered accounting degree? So, if you are passionate about the accounting field and looking for financial support, EY bursary 2025 is the right opportunity for you.

In this article, we will walk you through everything you need to know about the bursary programme Ernst & Young (EY) offers. We will discuss the eligibility requirements, allowances, online application process and closing date for the Ernst and Young bursary for 2025. So, keep reading to gain more insights!

What is EY Bursary?

Bursary from EY is an initiative by one of the largest multinational professional services firms, Ernst & Young. This company is also part of the “Big Four” accounting firms, assisting businesses, including advisory, tax, financial audit, and consulting services. Moreover, this company offers services across industries, such as Financial Services, Technology, Life Sciences, and more.

Hence, if you are interested in pursuing a career in the field of chartered accountancy, you can apply for EY bursary 2025. It helps reduce your financial burden, allowing you to focus on your studies completely. Moreover, this bursary offers you two types of bursaries based on criteria. Let’s take a look at the types of bursaries EY provides:

• Academic Merit Bursary: EY awards this bursary to students who have demonstrated strong academic performance and results.
• Academic Merit with Financial Need Bursary: This type of bursary from EY is for students with a strong academic record but who are experiencing financial need.

Field Covered By EY Bursary Programme

EY is now accepting applications for their bursary programme, for the 2025 academic year.

Ernst & Young is committed to helping the Chartered Accountancy profession grow and change. In other words, this company lays the path for individuals to develop from school, through university, and into their careers. Hence, EY offers bursaries to students who show a strong passion towards pursuing a Chartered Accountancy degree. The bursary specifically covers the following degrees:

• Chartered Accountancy degree qualification (3 to 4 years) 
• Accounting Honours/ Certificate in Theory in Accounting (CTA) (1 year)

However, the learner must have good academic records that show that they are able to achieve this goal. Moreover, they must also demonstrate the need for financial support to get assistance. In return for the bursary, learners must work at EY for at least three years as part of their training contract.

What Allowance Do Learners Get From EY Bursary 2025?

Since the bursary from EY is awarded to students in two categories, the allowance can differ. In other words, the allowance for students receiving the Academic Merit Bursary is different from that for students receiving the Academic Merit with Financial Need Bursary. Want to know about EY bursary allowance in detail? Let’s take a look into it:

Allowance From Academic Merit Bursary:

Applicants who are awarded the Academic Merit Bursary from EY will receive partial coverage for tuition expenses only. As a result, this helps them focus on their studies and manage their educational costs without the stress of financial burden.

Allowance From Academic Merit with Financial Need Bursary:

Candidates under this category of the EY bursary 2025 will get an allowance either individually or in combination for the following:

• Tuition fees
• Accommodation
• Books
• Meals

Moreover, upon completing the course, the students will have the opportunity to work for EY on a training contract for a minimum of three years.

Crucial EY Bursary Requirements For the Application

When applying for the EY bursary 2025, you must meet certain eligibility criteria to qualify for this programme. If you do not meet any one of the criteria mentioned below, it can lead to the cancellation of your application. Therefore, before applying for the bursary, you should make sure to cross-check the eligibility requirements and documents requested by the selection panel. So, take a look at each of the requirements and documents to accelerate your chances of getting selected for the bursary programme from EY.

EY Bursary Eligibility Requirements

• Applicant Must be a South African citizen
• Completed Matric or currently in Matric studies
• Have a strong academic record
• Have obtained a minimum of four A’s in Matric, excluding Life Orientation
• Studying or registered to study towards a Chartered Accountancy degree qualification and an Accounting Honours/ Certificate in Theory in Accounting
• Accepted and/or enroled at a South African Institute of Chartered Accountants accredited University.
• Proven financial need in case you are applying for the Academic Merit with Financial Need Bursary

Essential Documents Required for EY Bursary

• ID document
• Grade 11 final report
• Recent Matric report, if currently in Matric or Matric certificate, if already completed Matric
• Recent academic transcript
• Proof of registration
• University Acceptance Letter
• Proof of household income
• Fee quote from your University
• Updated Curriculum Vitae (CV)
• Motivational letter

Know how to write a motivational letter for your bursary.

EY Bursary Online Application Process 2025

Applications must be submitted online at: EY Bursary Application 2025

There are key steps you need to follow to apply for the bursary from EY online. The steps for the EY bursary online application are as given below:

• Step 1: Research and find out all the requirements of the bursary to ensure that you meet all eligibility criteria.
• Step 2: Gather all necessary documents, including academic transcripts, financial statements, and identification.
• Step 3: For current university students and Matric students, visit the EY Bursary Application 2025 web pages using Reference 1442531 and 1445160, respectively.
• Step 4: Submit all the gathered documents. You can combine the documents into one single PDF document.
• Step 5: Recheck the documents one last time and submit the application.

It is important to note that those who are shortlisted for this EY bursary 2025 will have to attend an interview to show their suitability for this programme.

Explore the online application process for bursary.

When is the Deadline for EY Bursary Application for 2025?

The closing date for EY Bursary is 30th September 2024. Accordingly, applicants must ensure that they check the official website of Bowmans Bursary regularly to confirm the closing date for the application cycle.

Applications submitted after this date will not be accepted. Please apply before the closing date to ensure your application is considered.

EY Bursary Contact Detail

For any queries regarding this bursary program, please contact EY directly:
Contact page: https://www.ey.com/en_za/connect-with-us 

Please do NOT contact EY if this bursary has already closed.

Conclusion

With its focus on providing support to learners based on their academic merit and financial need, EY bursary 2025 presents an excellent opportunity for aspiring chartered accountants in South Africa. It not only eases the financial burden of students who are pursuing a career in accounting but also provides them a chance to work for the EY company. Therefore, the students must make sure that they meet eligibility requirements and submit a well-prepared application along with all necessary documents to enhance their chances of getting financial support from EY.

Do you need a fee quote from Regenesys to secure your bursary? All you need to do is to get in touch with our career counsellors. We will provide you with detailed guidance and insights to help you take your first steps towards the bursary application process. So, get the course quotation and study the programme of your choice at Regenesys.

EY Bursary 2025 – FAQs