ACT Bursary Scheme

Eligibility

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

• You are a national of a developing country and are normally resident in that country, or in an equivalent country. For the purposes of this scheme, a ‘developing country’ is a country with a GDP per capita of less than $12,500. A list of the countries can be found below.

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.

If you wish to be considered for the AMCT Diploma in Treasury or MCT Advanced Diploma bursary schemes, you also need to fulfill the following criteria:

AMCT – You need to have passed or qualify for exemption from the four stage one foundation papers. Exemptions from the stage one foundation papers are available for qualified accountants and those with previous relevant qualifications.

• Go to our exemptions page to check whether you qualify

MCT – 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

• Complete the bursary application form, making sure that you give full information about your qualifications, work experience and candidate statement. Download the bursary application form

Complete the enrolment and booking forms as follows:

• If you are applying for a Certificate course complete the Certificate enrolment and booking form Certificate enrolment form and submit along with your bursary application by the deadline date detailed below.
• If you are applying for AMCT download AMCT enrolment and booking form AMCT enrolment form and submit along with your bursary application and certified certificate by the deadline date detailed below. On the booking form, select the course(s) you intend to take at the next exam sitting only (you can book on to more courses later).
• If you are applying for MCT complete the online enrolment form and submit the bursary application form by fax or post.

Entry into the UK
The bursaries do not cover fees for face-to-face teaching and cannot be used as evidence of the need to enter the UK. The ACT can offer no assistance or advice on this matter.

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 the deadline date will not be considered.

We will confirm we have received your application by email.

Selection procedure

The ACT’s Education Trust will decide on the award of bursaries and the Trust’s decision is final. If there is competition for the available bursaries, the Trust will consider which candidates have demonstrated that they have the potential to make the greatest contribution to the profession.

Candidates will be notified of the outcome of their application by email.