Compensation Fund Invites Youth and Students to Apply for the Bursaries 2024

Closing Date: 31 March 2024
Location: South Africa

Bursary Description

The Compensation Fund is inviting students to apply for their Bursary Scheme, for the 2024 academic year.

Bursaries will be awarded to 2 groups of people:

Group 2: dependants of COID beneficiaries with a permanent disablement and dependants of fatally injured employees (between ages 17 and 35 years). Bursaries will cover studies within the following fields (however, not restricted to the list):

• Accounting Science
• Actuarial Science
• Aeronautical Engineering/ Aerospace Control/ Aviation
• Agriculture
• Architecture
• Culinary
• Data Science
• Economic Science
• Engineering (including Chemical, Civil, Electrical, Mechanical, Mechatronics, Design and Development, Production and Process)
• Environmental Health
• Financial Mathematics
• Graphic Design/ Digital Marketing/ Brand Communication or Management/ Digital design/ Film and Production/ Animation
• Health and Clinical Science
• Information Technology / Computer Science (specialising in Informatics/ System Development/ Artificial Intelligence/ Machine Learning/ Data Science & Analytics/ Data Engineering/ Cyber Security/ Cloud Computing/ Internet of Things (IoT)/ Quantum Computing/ Robotics/ Software Engineering/ Computer Networks)
• Mathematical Science/ Statistics
• Risk Management and Forensic Science
• Teaching (Mathematics, Science, Information Communications Technology and Early Childhood Development)
• Apprenticeship Qualifications (for capable candidates who exited the mainstream schooling system at Grade 9, have a General Education Certificate (GEC) and have the potential to excel in this programme)
• Other qualifications may also be considered

What the Bursary Covers:

The bursary will provide cover for the following expenses:

• Tuition fees,
• Prescribed study materials,
• Accommodation
• A monthly stipend.

Bursaries are awarded for 1 academic year at a time and are renewable each year (for the entire duration of the qualification), depending on satisfactory academic performance and availability of funds.

Eligibility Requirements:

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
Group 1:

• You must be a South African citizen
• You must be currently unemployed
• You must be of working age
• You must be a COID beneficiary with a permanent disablement (PWD) as a result of occupational injuries/ diseases
• You must intend on studying within one of the aforementioned fields of study
• You must have been accepted to study at a recognised Technical and Vocational Education and Training (TVET) College, Community Education and Training (CET) College or Higher Education Institution (HEl)
• You must intend to improve your skills to return to the workforce or become self-employed

Group 2:

• You must be a South African citizen
• You must be between 17 and 35 years old
• You must be a dependant of a COID beneficiary with a permanent disablement or a dependant of a fatally injured employee
• You must be studying or enrolled to study within one of the aforementioned fields of study (other qualifications may also be considered)
• You must have been accepted to study at a recognised Technical and Vocational Education and Training (TVET) College, Community Education and Training (CET) College or Higher Education Institution (HEl)