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Bursary and Discretionary Projects information Apr 2009

Bursary and Discretionary Projects information Apr 2009. AGENDA: Bursary system Bursary process Bursary statistics Y6 – 9 Projects Y10 Projects. Bursary process background. Bursary process in place since November 2005 Automated bursary system since July 2006

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Bursary and Discretionary Projects information Apr 2009

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  1. Bursary and Discretionary Projects information Apr 2009

  2. AGENDA: Bursary system Bursary process Bursary statistics Y6 – 9 Projects Y10 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 is as follows: • Training provider registers the employers learners • Training provider gets approval once accreditation confirmed by INSETA • Training provider submitting of bursary application • Verification process, using bursary policy rules • INSETA approves bursaries • Automated electronic provider notification • Provider submits invoice and supporting documentation • INSETA conducts payment – according to PFMA and internal policies

  5. Bursary statistics – up to 31.03.2009 • 10 programmes available • 15 814 applications • 14 060 learners • 102 training providers • 2 081 lead employers

  6. Y6 – 9 Projects • Y6 – Y8 : Learnerships & Internships • Y6 : NVC start up – Complete • Y7 : NVC Institutional support – Complete • Y7 : NVC Black Brokers running brokerage – Complete • Y7 : NSF Level 5 Wealth Management – Complete • Y8 : Training of Black Actuaries, Financial managers and Investment Advisors • Y8 : DOL SLA New Venture Project – African Union Skills Development • Y8 : New Venture Creation for Black Brokers – Jobworx • Y9 ABET • Y9 Bursaries and Skills programmes • Y9 Capacity Building of Black Training Providers • Y9 Institutes of Sectoral or Occupational Excellence (ISOE)

  7. Y6 – 9 Projects • Y9 Internships • Y9 Stakeholder satisfaction validation • Y9 New Venture creation Project • Y9 Learnerships • Y9 SMME support • Y9 Social development project • Y9 SSP Research • Y9 Work based experience • Y9 Workshop for Skills Development Facilitators • Y9 FAIS support

  8. Y10 Projects • ABET • Bursaries and Skills programmes • Institutes of Sectoral or Occupational Excellence (ISOE) • Internships – awaiting Council approval • Social development project • SSP Research, including 5 year research • Workshop for Skills Development Facilitators • Career guide • QCTO • Y10 FAIS – awaiting Council consideration

  9. GOING FORWARD • REVIEW OF BURSARY MANAGEMENT SYSTEM PWC NO LONGER MANAGES THE SYSTEM AND A HANDOVER IN PROCESS • PWC WILL STILL BE INSETA PROJECT MANAGER TO ENSURE CONTINUITY ON PROJECTS IN PROCESS • REVIEWING THE WAY BURSARIES ARE APPLIED FOR • PROVIDER VS EMPLOYER – WHO IS MORE SUITED TO APPLY??? • THE TYPES OF BURSARIES • SIMPLIFYING THE CURRENT PROCESS OF REGISTRATION • SUGGESTIONS WELCOME IN WRITING TO THE ACTING CEO BEFORE END OF APRIL 09

  10. THANK YOU adelines@inseta.org.za 011 544 2000

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