ACT Bursary Scheme

The ACT offers bursaries to assist students from developing countries who cannot gain sponsorship for their studies, to study for an ACT qualification. Read about how one bursary scheme recipient has used his new treasury knowledge in the bursary profile.

The following qualifications are available under the bursary scheme.

Certificates

Bursaries are available to cover the cost of the course fee for the following Certificate papers:

AMCT Diploma in Treasury

Bursaries are available to cover the cost of the course fee for stage one – Certificate in Financial Fundamentals for Business (exemptions available), stage two - Certificate in International Treasury Management and the course fee for two further stage three Certificates (excluding Certificate in International Cash Management).

AMCT

MCT Advanced Diploma

Bursaries are available to cover 50% of the course fee (online course only). If you are an Associate Member of the ACT, you will need to continue paying your membership subscription, this is not covered by the bursary scheme.

All bursary applicants are subject to the policies of our terms & conditions

About the scheme
Eligibility
How to apply
Deadlines to apply
Selection procedure

About the scheme

Fees

In addition to the contribution towards your course fees the bursary scheme covers your student subscription fee and the cost of your first resit fee if you fail an exam. If you are absent from an exam or fail more than once, a re-sit fee is payable.

The bursary scheme does not include the cost of any face-to-face teaching or the cost of the administration fee you will be required to pay to your chosen local exam venue when you sit your exam(s).

Rules

Applicants cannot enrol onto a course until the bursary request has been accepted.

Bursary students can only defer their exams a maximum three times per paper booked.

AMCT bursary students can book no more than two certificates for the first exam sitting. You must attempt these certificates before you can book on to further papers.

Bursury information

Eligibility

You are eligible to apply for a bursary if you meet the following criteria:

You are a national and are resident in one of the countries listed below.

Bursary Eligible countries:Bursary Eligible Countries

The Education Trust has the discretion to award a bursary to a student from a developing country not on the list if the applicant makes an appropriate case.

You are not sponsored by your company, or not working for a company that normally sponsors students for the ACT’s qualifications. Applications from individuals working for multinational companies or banks that have a record of sponsoring students for the ACT’s qualifications are not likely to be considered.

MCT If you are applying for a bursary for the MCT Advanced Diploma, you need to have completed the AMCT qualification or be eligible for direct entry. Details on direct entry are available on the MCT course page. If you want to apply for direct entry you must complete the direct entry form and be accepted via this route before completing your bursary application and enrolment form.

How to apply

The bursary application process for the October 2012 exams is now closed. Applicants who wish to be considered for the April 2013 exams will be able to apply from 1 May 2012.

Deadlines to apply

The deadlines for submission are as follows:

AMCT & Certificate Courses
For the April examination: 15 July (of the previous year)
For the October examination: 15 January (of the same year)

MCT
For a course starting in March with examination the following April: 15 July (of the previous year)
For a course starting in September with examination the following October: 15 January (of the same year)

Applications arriving after a deadline date will not be considered until the following deadline.

We will confirm we have received your application by email.

Selection procedure

The award of all bursaries are based on their availability and the information provided on the application forms. The awards are made entirely at the discretion of the ACT Educational Trust.

Candidates will be notified of the outcome of their application via email after the corresponding Educational Trust meeting held in either March or September each year.

For further information on our enrolment policy, go to terms and conditions.