South African Institute of Professional Accountants fully funds studies for five students for the 2026 academic year
Five ambitious students are one step closer to becoming future financial leaders after SAIPA awarded fully funded scholarships at a prestigious ceremony at the Midrand Conference Centre.
The South African Institute of Professional Accountants (SAIPA) awarded five fully funded scholarships at its inaugural scholarship awards ceremony.
The awards, held at Midrand Conference Centre on February 20, are aimed at supporting academically deserving students pursuing studies in accountancy, with structured financial and academic support throughout their academic journey.
SAIPA’s 2026 scholarship recipients are Mbalenhle Ntoe, Nhlanhla Mcombolo, Sibongakonke Mkhonto, Teballo Dlamini, and Awande Sibaya, who received the Professor Rashied Small Memorial Scholarship.
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The Professor Rashied Small Memorial Scholarship was awarded in honour of the late professor Rashied Small, recognising his contribution to the profession and his commitment to developing future accountants.
The remaining four scholarships form part of SAIPA’s broader scholarship programme, established to widen access to higher education and strengthen the pipeline of skilled accountancy professionals.
Each scholarship is valued at R250 000 per annum, and covers tuition, prescribed textbooks, academic support, accommodation, where applicable, and a monthly allowance.
SAIPA’s board chairperson and chief executive Prem Govender formally presented the scholarship to the recipients in the presence of the institute leadership, guests, and members of the media.
Addressing attendees, Govender highlighted that the initiative reflects a long-term commitment to expanding access to the profession and supporting capable students who might otherwise face financial barriers to tertiary education.
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The selection process focused on academic excellence in accountancy studies, motivation, and potential to contribute meaningfully to the profession.
SAIPA noted that access to higher education remains a significant challenge for many South Africans, particularly those from low-income households. Through this scholarship programme, the institute seeks to provide not only financial assistance but also structured support that enables students to complete their studies and enter the profession with confidence.
The scholarship recipients will commence their funded studies in the 2026 academic year.
Grab a copy of Midrand Reporter to read more about the recipients and the scholarship.
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