Compensation Fund Bursaries Application Form 2024/2025

Compensation Fund Bursary Opportunities 2024-2025 | How to Apply

Students from South Africa can use the Compensation Fund to apply for the 2024 bursary. The bursary is available to all South African students at Viewscholar.com. This guide contains details on funding, eligibility, prerequisites, financial help, application forms for bursaries, and guidance on applying for student loans. There is also information on how to apply for the Compensation Fund Bursary for the 2024–2025 academic year.

 Compensation Fund Bursary Application Details

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

Bursaries will be awarded to 2 groups of people:

Group 1: unemployed COID beneficiaries with a permanent disablement (PWD) as a result of occupational injuries/ diseases. Bursaries will cover studies towards programmes that will enable beneficiaries to be (re)integrated into the workplace or be self-employed.

Group 2: defendants 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 (specializing with Informatics/ System Development/ Artificial Intelligence/ Machine Learning/ Data Science & Analytics/ Data Engineering/ Cybersecurity/ 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 be studying 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 work force 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)

How to Apply

Download Bursary Application Form 2024 (.pdf)

Required Documents:

Submit clear copies of the following supporting documentation along with your completed application form:

Group 1:

• ID document (certified copy)
• COID pension number or COID claim number
• Latest academic transcript, if currently studying
• Proof of acceptance from an approved institute
• Tuition fees quotation, where applicable
• Prescribed Learning Resources quotation, if available (on institutions letterhead)
• Proof of residence
• Proof of disability, if applicable (verification by a Health Care Professional or Disability Support Office)

Group 2:

• ID document (certified copy)
• ID document / unabridged birth certificate showing details of the COID beneficiary (certified copy)
• Parents/ guardians ID documents (certified copy)/ death certificates if deceased (certified copy)
• COID pension number or COID claim number
• Matric June results, if currently in Matric
• Latest academic transcript, if currently studying
• Proof of acceptance from an approved institute
• Tuition fees quotation, where applicable
• Prescribed Learning Resources quotation, if available (on institutions letterhead)
• Proof of residence
• Proof of disability, if applicable (verification by a Health Care Professional or Disability Support Office)
• Pre-entry assessment (if applying for the apprenticeship programme)
• Proof of income (latest payslip if employed: certified copy, affidavit if unemployed or an informal worker, proof of SASSA grant if applicable, proof of pension if applicable, or other proof of income)

Applications must be submitted in one of the following ways:

Via Email: CFexternalbursaries@labour.gov.za (Insert the words “COID Bursary 2024” in the email subject line).

Or

Via Hand delivery:
Compensation Fund Head Building
167 Thabo Sehume & Madiba Street
Delta Heights Building
Pretoria
0002

or

Via Post/ Courier:
The Sub-Directorate: Vocational Rehabilitation
Department of Employment and Labour, Compensation Fund,
Private Bag x 955
Pretoria
0001

People also asked?

What is a Bursary: A bursary is a monetary award given to students or individuals to help them pursue their education or training. Unlike loans, bursaries do not have to be repaid. They are typically awarded based on financial need, academic achievement, or other criteria set by the organization providing the bursary.

How do I Apply: Applying for a bursary does not guarantee acceptance, as the number of applicants can often surpass the bursary funds available. When that happens, applicants are chosen based on the highest amount of financial need. Bursary applications received after the deadline will not be accepted.

Here are our top 5 bursary application tips:

1. Make sure you fill in the whole application. We can only assess your financial need if we have all the details.
2. Submit on time. Take note of the deadline and make sure you apply before the deadline. Early is always best so you have time to ask questions or fix problems.
3. Ensure your social insurance number is added. Without your social insurance number, your bursary cannot be awarded. To add your SIN you can enter it through your ACSIS account with the button “Update SIN” located below Financial Aid on the left-hand side.
4. Make sure you apply for OSAP or out-of-province funding if you are a domestic student.
5. Include your financial resources. Include information about money coming in, so the committee can see if the budget balances. Unrealistic budgets may be disqualified.

We are happy to hear that applying for the 2024 Compensation Fund Bursary Programme was made much easier for you by this post. If so, kindly like and follow us on Facebook to receive the most recent information and to remain informed about discussions and sharing.

Would you still be eligible for a bursary the next year if your academic performance was poor?

Students seeking financial aid of any type must achieve great academic outcomes because financial resources are scarce in South Africa. In addition to giving qualifying students financial aid, the F.E.T. Colleges Bursary Scheme seeks to close the large skills gap in our country.
If academic achievement is not promoted, these talent shortages will not be addressed. Therefore, a student will not be qualified for a scholarship the next year if they fail their academic courses.

Note: If you need help or have questions or corrections regarding this post, kindly use the comment box below.

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