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Managing Teams to Excellence Fasset Update August 2013. Seta Funding Regulations. Fasset Update. August 2013. Overview of major changes Mandatory Grants (previously 50% of SDL) is now 20% 80% of the Discretionary Grants funding will be allocated to PIVOTAL programmes
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Managing Teams to Excellence Fasset Update August 2013
Seta Funding Regulations Fasset Update August 2013 • Overview of major changes • Mandatory Grants (previously 50% of SDL) is now 20% • 80% of the Discretionary Grants funding will be allocated to PIVOTAL programmes • PIVOTAL is defined as professional, vocational, technical and academic learning programmes that result in qualifications or part-qualifications on the National Qualifications Framework • WSP submission will be due on 30 April (and not 30 June as with current) as from 2014 • Companies implementing internships may apply for programme and site accreditation from Fasset
Pivotal Grant (PG) 2013 / 2014 Fasset Update August 2013 • Previously called the Strategic Cash Grant • Now 49.5% of the SDL • Pivotal Programmes are defined as: Qualifications (degrees, diplomas), learnerships, internships – to be NQF-registered • A maximum of 29.5% can be claimed for pivotal programmes implemented with White, Indian and Coloured learners, and non-South Africans • Any unutilised portion of the 29.5% and an additional 20% may be claimed for African Black learners and learners with a disability • Those commencing, undergoing, or completing a pivotal programme in 2013 • Tariffs are applicable • Due date 15 February 2014 – may be submitted via hand delivery on Friday
Learnership Cash Grant (LCG) 2013 / 2014 Fasset Update August 2013 • Entry Grant : On registration of Black African learners on learnerships • Exit Grant: On completion of Black African learners on learnerships • SDL payers and non-levy payers • Fasset or other Seta learnership • 20 grants (any combination of entry and exit) • Black African learners & learners with a disability • Higher amount for learners with a disability • Employers with staff complement under 150 • Due date 15 February 2014 – may be submitted via hand delivery on Friday
NSFAS Loan Repayment Grant (NLRG) Fasset Update August 2013 • Ensuring retention of learners on learnerships • 3 year learnership attracts R 60,000 grant towards NSFAS account • Transformation in the sector: Black African learners and people with disabilities • Learners currently commencing, undergoing, or completing a learnership in the 2013 calendar year with a Fasset employer • Employed learner or an employer representative may apply • Black African learners will be relieved of the NSFAS financial burden • Salary threshold applies • May be applied for in tranches • Due date 15 February 2014 – may be submitted via hand delivery on Friday
NSFAS Grant Amounts Fasset Update August 2013
Assessor and Moderator Grant (AMG) 2013 / 2014 Fasset Update August 2013 • To ensure the supply of assessors of academic and workplace training • Reimbursement of the cost of training • Maximum of R 4,500 • Assessor/moderator to be registered with Fasset in 2013 • Training can take place before 2013 • Due date 15 February 2014 – may be submitted via hand delivery on Friday
Lifelong Learning 2013 / 2014 (calendar subject to change) Fasset Update August 2013 • Where Fasset-registered organisations can offer a venue and catering for 50 or more delegates – a specific event may be offered • Attendees must working for Fasset-registered firms or be invited by Fasset • All Non-Levy Paying firms must annually renew their Fasset registration
Bridging Programme: Access into Higher Education Fasset Update August 2013 • Fasset will be funding projects for learners to enter higher education • Black African and all disabled learners • Learners lacking requisite entry requirements into a sector-specific higher education qualification • Incorrect subject choices or followed an unrelated discipline • 2nd chance learners • Complete programmes and meet entry requirements which allow them to enter sector-relevant higher education qualifications, for progression in the sector • Tuition fees, examination support courses and soft skills interventions
Bridging Programme: Academic / Professional Body Qualifications Fasset Update August 2013 • Fasset will be funding projects for learners to enter higher education • Public providers and professional bodies to assist learners to obtain formal qualifications • Learners will be placed in learnerships, internships or full-time employment • Number of learners with scarce skills qualifications will increase • Employers will have access to increased numbers of employable learners • Broader economy will benefit with learners who have a cross-cutting skill that is needed to grow the whole economy
Bridging Programme: Access into Employment Fasset Update August 2013 • Fasset will be funding projects designed to assist unemployed learners (NQF levels 6 – 8) and bridge the gap between theory and the workplace • Accounting and non-accounting graduates • Unemployed, part of NEET (Not in Employment Education and Training) learner population, ministerial imperative • Will undergo work readiness programmes e.g. bridging technical, assertiveness, it, English language, attitude • Available for employment on learnerships, internships or full-time employment • Employers will have access to increased numbers of employable learners • Broader economy will benefit with learners who have a cross-cutting skill that is needed to grow the whole economy
FET Funding Window Fasset Update August 2013 • To develop FET colleges, which is also a national and ministerial imperative • Capacitating FET colleges with funding set aside • Improvement of relevant courses offered by FET colleges • Development of lecturers so as to ensure a quality supply of FET learners • Partnership agreements to be put in place with Waterberg and Sekhukhune FET colleges in Limpopo as part of a broader joint Seta initiative to establish a regional presence in rural areas and townships through FET colleges • Fasset will support the co-ordinated Seta collaborative effort to establish a regional presence in rural areas and townships through public FET colleges • Appointment of a Fasset Provincial Liaison / Brand Ambassador
Career Guidance and Provincial Strategy Fasset Update August 2013 • Fasset has an intensive National Career Guidance campaign • In line with DHET’s National Career Guidance initiatives • Setas have a role to play in drawing the youth into the mainstream economy • Targeting learners from Grade 9 level onwards, awareness on careers in finance • Extend and deepen Fasset’s footprint and reach in rural and impoverished areas • Fasset Brand Ambassadors • Print and online advertising • Exhibitions • Print and digital motivational career guidance material • Social media • Partnerships
Tools and Resources Fasset Update August 2013 • Fasset website: www.fasset.org.za • On the website you can gain access to the following: • Download all the application forms you are required to complete for the grants • Latest Fasset information • List of all the relevant Fasset contacts • List of Fasset learnerships • Apply for Mandatory Grant online • Lifelong Learning calendar • Fasset call centre 086 101 0001
Fasset Update August 2013 Thank You For more information please contact the Fasset Call Centre on 086 101 0001 or visit www.fasset.org.za