FEMEF Mike Ilsley Memorial Scholarship Application for 2026/2027

Detailed guide on FEMEF Mike Ilsley Memorial Scholarship Application for 2026/2027. Are you a passionate and academically driven South African student looking to make a meaningful impact in the finance or energy sector? The FEMEF Mike Ilsley Memorial Scholarship 2026, offered by the Federation of Employers Mutual Assurance Company Education Foundation (FEMEF), provides a powerful opportunity for students committed to excellence and social upliftment. Named in honour of the late Mike Ilsley, a respected leader in the financial industry, this scholarship aims to support future professionals who demonstrate both academic merit and a desire to contribute positively to South Africa’s development.

The FEMEF Mike Ilsley Memorial Scholarship is awarded to deserving students pursuing full-time undergraduate or postgraduate studies in key fields such as Finance, Accounting, Business Management, Economics, Risk Management, Insurance, and related disciplines at accredited South African institutions. The scholarship typically covers tuition fees, prescribed books, accommodation, meals, and may include a living allowance, ensuring students can complete their studies without financial barriers.

This article serves as your complete guide to the Mike Ilsley Memorial Scholarship Application for 2026/2027, including information on who qualifies, approved fields of study, how to apply, supporting documentation, and the official closing date. Whether you’re a high-performing matriculant or a current university student, this prestigious scholarship could be your launchpad to a fulfilling career in South Africa’s financial and economic sectors.

In addition, satrends.co.za offers a wide range of other bursary categories to suit your preference. Click on the links below to access other kinds of bursaries.

Universities in South Africa Bursaries Available for 2026

Government Departments Bursaries Available for 2026

Field of Studies Specified Bursaries Available for 2026

Continue reading to discover answers to questions like “How to apply for FEMEF scholarship 2026,” “Mike Ilsley Memorial Scholarship requirements,” and “fully funded business and finance scholarships in South Africa.”

About MAD Leadership Foundation & FEMEF

The Make a Difference Leadership Foundation (MAD) was founded with a mission to support academically talented students by offering access to quality education, mentorship, and personal development. The goal is to empower the next generation of South African leaders and changemakers.

In partnership with the FEM Education Foundation NPC (FEMEF), MAD presents the FEMEF Mike Ilsley Memorial Scholarship, a special initiative created in memory of Mike Ilsley and his dedication to ethical leadership and education. This scholarship reflects his legacy by supporting students who aspire to become future Chartered Accountants.

About the FEMEF Mike Ilsley Memorial Scholarship – Fields Covered

FEMEF invites applications for the Mike Ilsley Memorial Scholarship for the 2026 academic year.

This scholarship is available to students pursuing undergraduate studies in a SAICA-accredited Chartered Accountancy degree, with the goal of qualifying as a CA(SA).

To view the list of SAICA-accredited programmes and institutions, click here.

Benefits of FEMEF Mike Ilsley Memorial Scholarship 2026/2027

What’s Covered

This is a comprehensive scholarship that covers:

Full tuition fees
Registration and academic materials
Accommodation
Honours degree (if required to qualify as a CA(SA))

In addition to financial support, recipients will also benefit from:

Personal mentorship
Leadership development opportunities
Career guidance and support

Eligibility Requirements for FEMEF Mike Ilsley Memorial Scholarship Application in 2026/2027

To apply, applicants must meet the following criteria:

Be a South African citizen
Have completed Matric
Be studying towards a SAICA-accredited degree in Chartered Accountancy
Be in your 1st, 2nd, or 3rd year of study
Achieve a minimum of 70% for Financial Accounting
Maintain a minimum overall average of 70% (2022)
Study at a recognized university in South Africa
Intend to pursue a career as a CA(SA)
Have a combined household income of R25,000 or less per month
Demonstrate:
- Strong academics
- Community involvement
- Leadership potential
- Good values, responsibility, and integrity

How to Apply for FEMEF Mike Ilsley Memorial Scholarship in 2026/2027

Apply online here:

FEMEF Mike Ilsley Memorial Scholarship Application 2026

You will need to upload the following supporting documents (in PDF format):

Certified copy of your ID
Certified Matric certificate
Full academic transcript, including latest results (on official university letterhead)
Proof of registration for 2022 (on official letterhead)
Letter of good conduct from a lecturer, tutor, or academic mentor
A motivational letter explaining why you deserve the scholarship
Certified ID copies of parents/guardians
Certified death certificates (if applicable)
Proof of household income (not older than 3 months):
- If employed: payslip or employment letter
- If self-employed: 3 months’ bank statements or IRP5
- If informally employed: 3 months’ bank statements
- If unemployed: sworn affidavit
- If no bank account: sworn affidavit confirming status and income
Breakdown of gross monthly household income
Details of household members (names, ages, relationship)
Information on any other bursary or financial aid applied for (including NSFAS)

Application Deadline for FEMEF Mike Ilsley Memorial Scholarship 2026/2027

15 December

No late applications will be considered. Submit all documents before the deadline.

Contact Details:

For more information or assistance:

Tel: 066 483 1793

Email: applications@madleadership.org

Hours: Monday to Friday, 9:00 AM – 4:00 PM