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02 April 2019 | Story Valentino Ndaba | Photo Charl Devenish
Accounting Students
Pictured are 8 of the 64 UFS School of Accountancy students who form part of the 84.2% pass rate achievers.

Students from the University of the Free State (UFS) School of Accountancy achieved a 84.2% pass rate compared to the national average of 76.2% during the Initial Test of Competence (ITC) examination facilitated by the South African Institute of Chartered Accountants (SAICA).

A total of 64 out of 76 UFS students who attempted the ITC for the first time were successful in the examination. The ITC is known for its challenging nature.  Demographically, our African black students outperformed the 62.1% national pass rate by attaining an impressive 80.6%.

Collective congratulations

Prof Hentie van Wyk, Programme Director at the school, attributed diligence for the high pass rate. “This is due to our student-centred teaching module that was introduced four years ago and committed academic staff of the School of Accountancy from the first to the fourth year.”

Further future surge expected

“With the coming June 2019 ITC sitting, our pass rate for 2019 will most probably be more than 90%. Our three-year rolling average for 2015-2017, 2016-2018 and 2017-2019 were 83%, 86% and 90% respectively. Hopefully we can maintain the upward curve,” said Prof Van Wyk.

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NSFAS (National Student Financial Aid Scheme) Loans for 2017
2016-09-01

On 1 August 2016, NSFAS central online applications open for students who require financial assistance. 

There are various cycles on which applicants can apply for funding:
• 1st Cycle:      1 August to 30 November– Students entering university for the first time in 2017 including 2016 matriculants.
• 2nd Cycle:     1 September to 30 November – All university students who were not funded by NSFAS in 2016.
• 3rd Cycle:      1 October to 30 November – Students currently funded by DSD and Funza but for who continued funding for 2017 may be at risk.

Students who were funded by NSFAS in 2016 do not need to re-apply for funding for 2017.

Students who wish to apply can visit the NSFAS website (www.NSFAS.org.za) to apply online.

If you encounter any problems while applying please contact NSFAS on 0860 067 327.

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