The South African Institute of Professional Accountants fully funds the studies of five students for the 2026 academic year

The South African Institute of Professional Accountants (SAIPA) awarded five fully funded scholarships at its inaugural scholarship awards ceremony.

Held at the Midrand Conference Center on 20 February, the awards aim to assist academically deserving students to study Accountancy with structured financial and academic support throughout their academic journey.

SAIPA's 2026 scholarship recipients are Mbalenhle Nto, Nhlanhla Makombolo, Sibongkonke Mkhonto, Tabelo Dlamini and Awande Sibaya, who received the Professor Rashid Small Memorial Scholarship.

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The Professor Rasheed Small Memorial Scholarship was awarded in honor of the late Professor Rasheed Small, recognizing his contribution to the profession and his commitment to the development of future accountants.

The remaining four scholarships are part of SAIPA's broader scholarship programme, established to increase access to higher education and strengthen the pipeline of skilled accountancy professionals.

Each scholarship is valued at R250 000 per year, and covers tuition, prescribed textbooks, academic support, accommodation, where applicable, and a monthly allowance.
SAIPA Board Chairman and Chief Executive Prem Govender formally presented the scholarships to the recipients in the presence of the institute leadership, guests and members of the media.

Addressing attendees, Govender highlighted that this initiative reflects a long-term commitment to increasing access to the profession and supporting capable students who may otherwise face financial barriers to tertiary education.

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The selection process focused on academic excellence in accountancy studies, motivation and ability to make a meaningful contribution to the profession.

SAIPA said access to higher education remains a significant challenge for many South Africans, particularly those from low-income families. 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.

Scholarship recipients will begin their funded studies in the 2026 academic year.

Pick up a copy of the Midrand Reporter to read more about the recipients and scholarships.

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