BURSARY SCHEME IN ASSOCIATION WITH MARSH and CONSTANTIA
Bursary scheme background
APPETD, as the leading representative body for post-school private education and training providers in South Africa, has recognized a need within the post-school education and training sector for students who require financial assistance to study further, but who do not qualify for current available bursary funding on financial or socio-demographic grounds. These students and their families are, however, at the same time not in a position to cover post-school study fees independently. Hence APPETD, in association with Marsh Risk Consulting and Constantia Insurance Group, has established a bursary scheme to address this shortfall of funding in the interests of contributing to an economically active, viable pool of employable, skilled graduates.
1. Who is the bursary scheme open to?
The APPETD Bursary Scheme is intended to provide financial assistance to eligible, qualifying students to enable completion of studies in the private post-school sector and is applicable only to studies undertaken at APPETD-member private post-school and training institutions.
It is therefore the applicant’s responsibility to determine whether the institutions nominated on the application form are current and valid APPETD members. Whilst the scheme is open to all eligible students for whom post-school studies are a preferred choice, priority will be granted to applicants in areas of study that are aligned to National Skills shortages. This is in line with government’s broad socio-economic goals geared towards youth development, upgrading of skills and unemployment reduction.
2. Who may apply for a bursary?
Application for bursary funding is open to South African citizens who have:
- Successfully completed Grade 11 or Grade 12 (or equivalent NQF level 4 qualification or have age exemption) and who meet admission requirements to study at post-school level. It is therefore the responsibility of students to make applications for admission at various private post-school institutions of their choice OR
- Successfully completed a first or second year of study and who are seeking financial assistance for the completion of the studies AND
- Students with financial need based on assessment of financial standing of total household
3. What does the bursary cover?
Bursary funds will cover the following as per the “Bursary Remuneration Scale”:
- Registration fees
- Tuition fees
- Prescribed textbooks and course materials
- Initial assessment fees if applicable
Bursary funds will NOT cover the following:
- Student stipend
- Miscellaneous expenses
- Re-assessment fees for supplementary exams, rewrites, remarks or resubmissions
4. Submission of applications
Application for bursary funding must be made by the student via the attached application form, which must be truthfully completed in full. Incomplete forms or false information will disqualify the application with immediate effect. The application form is also obtainable from www.appetd.org.za .
Please see the Document Checklist in Section G of the application to ensure that ALL required items are submitted. All certification must be no older than 3 months. Applications without all of these documents or that are found to be fraudulent or incomplete will be disqualified. The closing date for all applications is as follows:
- For first year studies commencing 2018: 30 September 2017.
- For second- or third-year studies commencing 2018: 31 October 2017.
- For any new studies commencing in second semester mid-2017: 09 June 2017.
5. Selection process
APPETD will evaluate valid applications received in line with the set requirements as set out within the agreed APPETD/Marsh/Constantia application rating model. Thereafter a final validation will be conducted by Constantia to verify the outcomes of the application rating model in combination with APPETD’s recommendation and all applicants will be informed in writing regarding the outcome of the application evaluation process within 10 working days’ of the closing date of application. Approval and allocation of bursary funding is at the sole discretion of APPETD and Constantia and no appeals or objections will be undertaken once a decision has been reached. Upon receipt of this notification, the student and parent(s) or legal guardian(s) will be required to sign acceptance of the bursary and acknowledgement of the contractual terms and conditions within 10 working days. Once this has been received, the institution and student will be advised by APPETD that funding has been approved and that payment will be made directly to the institution once confirmation of student registration/enrolment has been supplied to APPETD. It is therefore the responsibility of the student to register at the approved institution within 15 working days of this notification to the institution and student. Failure to register/enroll within this time frame will disqualify the bursary allocation with immediate effect.
6. Application submission
Applications are to be submitted as hard copy delivered by hand or couriered to the APPETD office at: UNIT 27, BLOCK G, Lifestyle Riverfront Office Park, Bosbok Road, Randpark Ridge, Johannesburg, ATT: BURSARIES ADMINISTRATOR. A selection panel will evaluate valid applications received in line with the set requirements as specified. Thereafter all applicants will be informed in writing as to the outcome of their applications as above.