Bursary scheme

ACT Bursary Scheme

The ACT Educational Trust offers bursaries to assist students from developing countries who cannot gain sponsorship for their studies, to study for an ACT qualification.

Under the bursary scheme you can choose to study any of the following qualifications:

AMCT Diploma in Treasury +
  • Stage one - Certificate in Financial Fundamentals (exemptions available)
  • Stage two - Certificate in International Treasury Management
  • Stage three - two Certificate qualifications (excluding CertICM)

The bursary includes your course, first exam entry, first exam re-sit, student membership and joining fees. The bursary does not include teaching classes, subsequent exam re-entry fee and exam venue fees.

Certificates +
  • Certificate in Financial Fundamentals
  • Certificate in International Treasury Management
  • Certificate in Risk Management
  • Certificate in Corporate Finance & Funding
  • Certificate in Financial Maths & Modelling

The bursary includes your course, first exam entry, first exam re-sit, student membership and joining fees. The bursary does not include teaching classes, subsequent exam re-entry fee and exam venue fees.

MCT Advanced Diploma +
  • The bursary includes: 50% of the course fee (online course only), first exam entry and student membership fee
  • The bursary does not include: Exam re-entry fee and student membership fees*

*Associate members of the ACT are required to continue paying their Membership subscription fee. If you are not an Associate member you will not be charged a student membership.

Rules of the Scheme +
  • Applicants cannot book onto the Certificate in International Cash Management.
  • Applicants cannot enrol onto a qualification until their bursary has been accepted by the board at the Educational Trust Meeting.
  • AMCT students cannot book more than two certificates for their first exam sitting. You must attempt these before booking onto another certificate.
  • If students wish to book onto optional classroom teaching then they must pay for these themselves.

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

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.
  • MCT Only: Completed AMCT Diploma in Treasury or be eligible for direct entry

The Education Trust has the discretion to award a bursary to a student if the applicant makes an appropriate case for the following, if you are:

  • National in a developing country not listed on the Bursary Eligible Countries document.
  • Residing in a nation in conflict which is not listed on the Bursary Eligible Countries document.
  • National from a non-developing country currently residing in a developing country; e.g. a UK national working in Zambia.
  • 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.

Deadline to apply

The deadline for submission is 15 July for April examination and 15 January for October examination.

How to apply

The following needs to be completed and sent:

  • Bursary Application form
  • Enrolment application form

Once completed send your Bursary application form and enrolment form to education@treasurers.org

Selection procedure

Awarding of bursaries is 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.

Bursary Case Study

How to donate to the Bursary scheme?

Funding will be via charitable donations which will directly help spread financial and treasury education in developing countries. Any amount can be donated using our donation form.

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