June 24, 2024
inseta bursary fund

INSETA Bursary Fund Online Application Portal

The Insurance Sector Education and Training Authority (INSETA) is a statutory body established under the Skills Development Act of 1998. Its main objective is to promote skill development in the South African insurance sector. One of the ways it does this is by providing bursaries to deserving students who are pursuing studies in the insurance sector. The INSETA Bursary application guideline is available below.

How Much is the Bursary Amount?

The INSETA bursary fund provides financial assistance to students who are studying towards a qualification in the insurance sector. The bursary amount covers tuition fees, prescribed books, accommodation, and a monthly stipend. The bursary amount varies depending on the course of study and the level of study. For undergraduate studies, the bursary amount ranges from R25,000 to R50,000 per year. For postgraduate studies, the bursary amount ranges from R30,000 to R60,000 per year.

See other student programmes by INSETA:

Requirements for INSETA Bursary Fund

To be eligible for the INSETA bursary, applicants must meet the following requirements:

1. South African citizenship or permanent residency
2. Acceptance or registration at a public university or TVET college in South Africa
3. Enrolled in a course of study related to the insurance sector
4. Demonstrated financial need
5. Academic merit (minimum of 60% for undergraduate studies and 65% for postgraduate studies)
6. A clear criminal record
7. Not currently receiving any other bursary or financial assistance

How to Apply for the INSETA Bursary Scheme

The application process for the INSETA bursary fund is online, and applicants must follow the following steps:

1. Visit the INSETA website and go to Bursaries.
2. Read and understand the bursary guidelines and requirements
3. Register on the INSETA bursary portal and complete the online application form
4. Upload all the required documents, including academic transcripts, proof of registration, and proof of income
5. Apply online before the closing date

Approval Process

The selection process for the INSETA Bursary Fund is rigorous and highly competitive. The selection panel considers academic merit, financial need, and the relevance of the course of study to the insurance sector. Shortlisted candidates are invited for an interview, after which the final selection is made.

The INSETA bursary fund is an excellent opportunity for students who are pursuing studies in the insurance sector. The bursary amount covers tuition fees, prescribed books, accommodation, and a monthly stipend. To be eligible for the bursary, applicants must meet the requirements, including academic merit and demonstrated financial need. The application process is online, and applicants must follow the steps outlined on the INSETA website. If you are a student enrolled in a course of study related to the insurance sector, we encourage you to apply for the INSETA bursary fund and take advantage of this opportunity for skills development.

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