Inseta Bursary South Africa 2025-2026

Inseta Bursary South Africa 2025-2026

Title: INSETA Bursary Programme: Investing in Insurance Sector Skills

Introduction: The Insurance Sector Education and Training Authority (INSETA) is an official education and training authority in South Africa. Its primary objective is to enhance the quantity and quality of critical and scarce skills within the insurance sector. INSETA offers various skill development and training programs, including bursaries, learnerships, and internships, to address the skills gap in the insurance industry.

Fields Covered: INSETA invites students to apply for their bursary programme for the academic year. Bursaries are available for studies at public universities, universities of technology, and TVET colleges. The qualifications covered are aligned with the Qualifications linked to Critical & Scarce Skills List. Examples of funded programs include Actuarial Science, Data Science/Data Analyst, Economics, Finance, Insurance, Investments, Risk (BCom/BAdmin), Financial Planning (Loss Adjustor), Information Technology, Law Degrees (with Financial Planning, Insurance, or Pension Fund Specializations), Marketing, and Postgraduate/Honors studies in these fields. For TVET College studies, bursaries are available for Business Management, Financial Management, Information Technology, Sales and Marketing at the N4, N5, or N6 certificate levels.

Coverage Value: The bursary covers the following expenses:

1. University and University of Technology studies: Tuition fees, prescribed textbooks, and accommodation. University students receive coverage up to a maximum value of R95,000, while University of Technology students receive coverage up to a maximum value of R85,000.
2. TVET College studies: Tuition fees and textbooks up to a maximum value of R36,000.

Eligibility Criteria: Applicants must meet the following minimum requirements to be considered for the INSETA bursary:

For University and University of Technology studies:

1. South African citizenship.
2. Age under 35 years old.
3. Unemployed.
4. Registered to study a qualification between NQF Level 5 and NQF Level 8.
5. Registered to study at a public university or university of technology in South Africa.

For TVET College studies:

1. South African citizenship.
2. Age under 35 years old.
3. Unemployed.
4. Registered to study an N4, N5, or N6 qualification.
5. Registered to study at a public TVET college in South Africa.

Application Process:

Applicants should download and complete the relevant application form available on the INSETA website. University and University of Technology students should use the “INSETA Bursary Application Form (.pdf)” form, while TVET College students should use the “INSETA Bursary Application Form (.pdf)” form. Along with the completed application form, applicants must submit clear copies of their Identity Document (certified copy), Matric Certificate/latest results (certified copy), and proof of registration at a public university, university of technology, or TVET college for (on institution letterhead).

Applications must be submitted via email to bursariesforyouth@inseta.org.za. The subject line of the email should read “INSETA Bursary Application.”

Closing Date and Contact Information:

Apply Here

The closing date for the INSETA bursary is 30 November. It is essential to submit applications before the closing date to be considered.

For any inquiries regarding the bursary program, applicants can contact Ms. Thembi Mahlangu at INSETA via the provided contact details.

Conclusion:

The INSETA Bursary Programme aims to support students pursuing qualifications in critical and scarce skills within the insurance sector. Eligible applicants are encouraged to review the eligibility criteria, complete the application process accurately, and submit their applications before the closing date. For further information or assistance, applicants should contact INSETA directly using the provided contact details.