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Bursary and Discretionary Projects feedback

Bursary and Discretionary Projects feedback. AGENDA: Bursary system Bursary process Bursary statistics Y5 – 8 Projects Y9 Projects. Bursary process background. Bursary process in place since November 2005 Automated bursary system since July 2006 System provides access via a web portal

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Bursary and Discretionary Projects feedback

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  1. Bursary and Discretionary Projects feedback

  2. AGENDA: Bursary system Bursary process Bursary statistics Y5 – 8 Projects Y9 Projects

  3. Bursary process background • Bursary process in place since November 2005 • Automated bursary system since July 2006 • System provides access via a web portal • Bursaries provided according to needs defined in the INSETA SSP

  4. Bursary process • Bursary application procedure / steps • Training provider registration • Training provider approval once accreditation confirmed • Loading of unit standards • Loading of learner details • Loading of employer details • Training provider submitting of bursary application • IPO conducts verification process, using bursary policy rules • INSETA approves bursaries • IPO authorises bursaries – automated electronic provider notification • Provider submits invoice and supporting documentation • INSETA conducts payment – according to PFMA and internal policies

  5. Bursary statistics • 10 programmes available • 10 308 applications • 10 087 learners • 79 training providers • 1 706 lead employers

  6. Y6 – 8 Projects • Y6 – Y8 : Learnerships & Internships • Y6 : NVC start up – Jobworx • Y7 : NVC Institutional support – CCI • Y7 : NVC Black Brokers running brokerage – Boston • Y7 : NSF Level 5 Wealth Management – CCI ( in collaboration with DOL NSF ) • Y8 : Training of Black Actuaries, Financial managers and Investment Advisors • Y8 : FAIS Fit and Proper - AdvTech • Y8 : SSP Research • Y8 : Impact Study on all Current and Previous Projects • Y8 : DOL SLA New Venture Project – African Union Skills Development • Y8 : New Venture Creation for Black Brokers - Jobworx

  7. Y9 Projects • ABET – open advert • Bursaries and Skills programmes • Capacity Building of Black Training Providers • Career Guide • Institutes of Sectoral or Occupational Excellence (ISOE) • Internships • Stakeholder satisfaction validation • New Venture creation Project • Learnerships • SMME support • Social development project • SSP Research • Work based experience • Workshop for Skills Development Facilitators

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