The Insurance Sector Education and Training Authority (INSETA) offers the INSETA Bursary to deserving South African students seeking to further their education in insurance-related fields.
This bursary hopes to play a part in addressing the skills shortage within the industry and to support the development of a qualified workforce.
About the INSETA Bursary
The INSETA bursary covers the tuition fees, prescribed textbooks, and accommodation for the entire duration of the selected students’ studies.
Additionally, successful recipients may receive a monthly living allowance and internship opportunities within insurance companies.
INSETA Bursary Application Form
Applications for the INSETA Bursary are typically open from October to December each year.
You can find the latest application form and detailed submission instructions on the INSETA website.
You must submit clear copies of the following supporting documents along with your completed application form:
- ID document (certified copy)
- Matric latest results, if currently in Matric (certified copy – not older than 3 months)
- Matric certificate, if completed Matric (certified copy)
- Most recent academic record, if currently studying (on institutions letterhead)
- Acceptance Letter from institution (on institutions letterhead)
- Proof of Registration from institution, if applicable (on institutions letterhead)
- Tuition Fee/ Course Quotation (on institutions letterhead)
- Completed ISSF POPIA Form (.pdf)
- Employed applicants:
- Completed ISSF Worker Agreement (.pdf)
- Completed INSETA Business Information Tool (BI-Tool) (.xlsx)
- Letter of Employment
- Unemployed applicants:
- Completed ISSF Learner Agreement (.pdf)
- Completed INSETA Business Information Tool (BI-Tool) (.xlsx)
- Accommodation Fee/ Course Quotation (on institutions letterhead)
- Parents or guardians ID documents/ death certificates/ affidavit if deceased (certified copy)
- Parents or guardians 3 months recent payslips/ bank statements (certified copy)
- Parents or guardians affidavit and SASSA letter if receiving a grant (certified copy)
You must have your application submitted through email to the following address: [email protected]
Use the phrase “INSETA ISSF Bursary 2024” as your email subject.
Please note that the 2024 application window has closed as of December 16, 2023.
However, this information is provided for your future reference and to guide you in preparing for next year’s application cycle.
The INSETA Bursary Requirements
For you to qualify for the INSETA Bursary, you must meet all of the following criteria:
- Be a South African citizen or a permanent resident.
- Have a valid South African identity document.
- Have completed your Matric certificate with good grades (preferably a Bachelor’s pass).
- Be registered for or accepted into a full-time degree, diploma, or higher certificate program in an accredited South African institution, focusing on insurance-related fields such as Actuarial Science, Risk Management, Insurance Law, or Underwriting.
- Demonstrate financial need.
- Have a good academic record and a commitment to community service.
The INSETA Bursary Closing Date
The 2024 application window has already closed. However, remember that the deadline for submitting applications is typically December 16th each year.
So make sure you set alerts for this date so you can submit your application early and avoid missing out on this opportunity again.
If you have any further questions about the INSETA Bursary, you can speak to an INSETA representative through the following email address: [email protected].