The FEMEF Mike Ilsley Memorial Scholarship is a joint initiative between the Make a Difference Leadership Foundation (MAD) and the FEM Education Foundation NPC (FEMEF).
Make a Difference Leadership Foundation (MAD) is a South African organization dedicated to empowering academically gifted students through valuable education and mentorship.
They offer various scholarships, focusing on individual support and development to inspire future leaders.
FEM Education Foundation NPC (FEMEF) is a non-profit organization committed to promoting education and ethical leadership within the accounting profession.
About the FEMEF Mike Ilsley Memorial Scholarship
This scholarship honors the legacy of Mike Ilsley, a champion of education and ethical leadership within the accounting field.
It provides financial support for undergraduate SAICA-accredited degrees, covering the full cost of attendance for both undergraduate and Honors programs required to qualify as a CA(SA).
Apart from financial aid, the scholarship offers:
- Mentorship: You’ll be paired with experienced professionals for guidance and support throughout your academic journey.
- Leadership and Career Development: The program provides resources and opportunities to hone your leadership skills and prepare for a successful career in accounting.
FEMEF Mike Ilsley Memorial Scholarship Eligibility Criteria
Before applying, ensure you meet the following minimum requirements:
- You must be a South African citizen.
- Be enrolled in your 1st, 2nd, or 3rd year of an undergraduate SAICA-accredited degree program.
- You must have completed your Matriculation.
- Demonstrate strong academic ability with a minimum overall average of 70% in 2022 and a minimum of 70% for Financial Accounting.
- Be registered at a recognized and accredited university in South Africa.
- Career Aspiration: Have a clear intention to pursue a career as a Chartered Accountant (CA(SA)).
- Possess a gross household income not exceeding R25 000 per month.
- Demonstrate excellent character with strong values, a sense of responsibility, and involvement in community service. You should also possess leadership potential.
FEMEF Mike Ilsley Memorial Scholarship Application Requirements
The application process is entirely online. Make sure you have the following documents ready for submission:
- Certified copies of your Identity Document (ID) and Matric certificate.
- Full academic records/transcripts with recent results, including a letter of confirmation from your institution on official letterhead.
- Proof of registration for 2022 on your institution’s letterhead.
- A letter of good conduct from a lecturer, tutor, or other academic representative at your university.
- A well-written motivational letter explaining your reasons for applying and future aspirations.
- Certified copies of your parents’ or guardians’ IDs.
- Certified copies of their death certificates (if deceased).
- Proof of household income for the past 3 months:
- Payslips or official employment letters for employed parents/guardians.
- Bank statements or IRP5 for self-employed parents/guardians.
- Bank statements (if applicable) or a sworn affidavit confirming no bank account and income source if informally employed.
- Sworn affidavit if parents/guardians are unemployed.
- A detailed breakdown of your combined household income and the number of dependents residing within your household.
- Details of any other bursaries, scholarships, or financial aid you’ve applied for (including NSFAS).
How to Apply
Applications are submitted online through the Make a Difference Leadership Foundation (MAD) website.
We recommend checking the MAD website closer to the application opening date for a dedicated application portal link.
How to Contact
For any questions regarding the FEMEF Mike Ilsley Memorial Scholarship program, please contact:
- Make a Difference Leadership Foundation (MAD):
- Telephone: 066 483 1793
- Email: [email protected]
- Business Hours: Monday to Friday, 9:00 AM to 4:00 PM
FEMEF Mike Ilsley Memorial Scholarship Closing Date
Please note that the application dates for 2025 are yet to be announced.
I recommend checking the MAD website periodically for updates on the application opening dates.