How to Apply for ACCA Scholarships in the Maldives

 



Pursuing the ACCA (Association of Chartered Certified Accountants) qualification is a rewarding decision, especially for students in the Maldives looking to build global careers in finance, auditing, and accounting. However, the cost of registration, exam fees, and tuition can be a concern for many aspiring professionals. That’s where ACCA scholarships come into play.

In this article, we’ll guide you through how students in the Maldives can apply for ACCA scholarships — who’s eligible, how to apply, and where to find additional financial support.

1. What Are ACCA Scholarships?

ACCA scholarships are financial assistance programs designed to support talented and deserving students who want to pursue the ACCA qualification but face financial limitations. These scholarships are offered either:

  • Directly by ACCA Global

  • Through approved tuition providers

  • By government bodies or private educational sponsors in the Maldives

These programs may cover:

  • Full or partial registration and subscription fees

  • Exam entry costs

  • Tuition and study material support

  • Additional mentoring or access to premium coaching programs

2. Key Types of ACCA Scholarships Available in the Maldives

a. ACCA Global Scholarship (The Accelerate Scholarship)

This is available for top-performing university students who are pursuing or have completed an ACCA-accredited program. Candidates must demonstrate:

  • Outstanding academic performance

  • Commitment to pursuing the ACCA qualification

  • Strong leadership or extracurricular contributions

b. Tuition Provider Scholarships

Institutes like Hamzah Academy, which offers tailored ACCA Courses and professional ACCA Coaching, may provide merit-based or need-based tuition fee discounts for Maldivian students.

c. Government and NGO Sponsorships

The Maldivian Ministry of Higher Education and other educational NGOs occasionally sponsor students pursuing professional qualifications, including ACCA.

3. Who Is Eligible?

Eligibility can vary depending on the scholarship, but typically, candidates must:

  • Be a Maldivian national or resident

  • Have completed A-Levels or equivalent with strong academic grades

  • Show financial need (for need-based scholarships)

  • Demonstrate a serious interest in completing the full ACCA pathway

  • Be actively enrolled with ACCA or a tuition provider

4. Step-by-Step Guide to Applying

Step 1: Research Available Opportunities

Start by visiting:

  • The official ACCA Global website for scholarship updates

  • The websites and social media of local tuition providers like Hamzah Academy

  • The Ministry of Higher Education – Maldives for public scholarship schemes

Step 2: Prepare Your Documents

You’ll usually need:

  • Academic transcripts

  • A personal statement or letter of intent

  • Proof of ACCA registration (or intent to register)

  • Recommendation letters (optional but valuable)

  • Financial documentation (for need-based scholarships)

Step 3: Submit the Application

Follow the instructions carefully. Some scholarships may require online submission, others through the tuition provider or a government portal.

Step 4: Attend Interviews or Screening (If Required)

Some competitive scholarships may include an interview or further screening to assess your motivation, goals, and communication skills.

5. Tips to Strengthen Your Application

  • Write a compelling personal statement — explain why ACCA matters to your future and how the scholarship will help

  • Emphasize your commitment to completing the full ACCA qualification

  • Show involvement in community service, leadership roles, or other extracurriculars

  • Highlight any relevant part-time jobs, internships, or volunteer work

Conclusion

ACCA scholarships can make a significant difference in your academic and professional journey. If you’re in the Maldives and passionate about finance and global accounting, don’t let cost hold you back. Take the initiative to explore scholarship options, prepare a strong application, and reach out to institutions like Hamzah Academy that offer supportive ACCA Courses and experienced ACCA Coaching.

Your journey to becoming a globally qualified finance professional can start today — and with the right support, it can be more affordable than you think.

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