The ASSET Bursary Programme, established in 1972 under the South African Institute of Race Relations and taken over by ASSET in 2003, provides financial support to deserving students in the Western Cape pursuing their first degree, diploma, or higher certificate at public universities or universities of technology in the province. The programme supports approximately 500 students annually, awarding funds based on academic merit and financial need, with priority given to financially needy students from less advantaged communities. The bursary covers a portion of tuition, registration, and book costs and is paid directly to the institution.