SASSA Bursaries Hub

Compensation Fund Bursary Application for 2024/2025

December 26, 2023 | by SASSA Admin

Compensation-Fund-Bursary-Application-for-20242025

Are you looking for financial assistance to further your education? The Compensation Fund is offering bursaries for the 2024/2025 academic year, providing a valuable funding opportunity for eligible individuals. If you have been injured, disabled, or suffered from diseases while performing your work duties, this bursary program aims to support your education and help you improve your skills to return to work or become self-employed.

By applying for the Compensation Fund Bursary, you can access the financial assistance you need to pursue your educational goals. Whether you’re interested in vocational rehabilitation, or you’re a dependent of a Compensation Fund pensioner, or a young student looking to study in specific fields, there are funding options available to suit your needs.

In the following sections, we will discuss the application process, eligibility criteria, and the available funding options for the Compensation Fund Bursary. Whether you’re interested in engineering, science, health sciences, or other fields of study, this bursary can provide the support you need to achieve your academic aspirations. Don’t miss out on this wonderful opportunity to secure funding for your education.

Key Takeaways:

  • Apply for the Compensation Fund Bursary for the 2024/2025 academic year to access financial assistance.
  • This bursary program supports individuals who have been injured, disabled, or suffered from diseases while working.
  • Various fields of study are eligible for funding, including vocational rehabilitation and specific fields for dependents and young students.
  • Eligibility criteria and the application process may vary depending on the type of bursary you’re applying for.
  • Successful applicants can benefit from funding for tuition fees, learning resources, accommodation, and monthly stipends.

About the Compensation Fund Bursary

The Compensation Fund, an integral part of the South African Department of Labor, plays a crucial role in providing compensation to workers who have experienced injuries, diseases, or disabilities while fulfilling their job responsibilities. In line with its commitment to support individuals affected by work-related injuries or disabilities, the Compensation Fund offers the Compensation Fund Bursary.

This bursary program is designed to provide financial assistance to aspiring students, enabling them to pursue higher education and enhance their career prospects. By alleviating the financial burden associated with education, the Compensation Fund Bursary aims to empower individuals and equip them with the necessary skills and knowledge to succeed in their chosen fields.

Through the Compensation Fund Bursary, eligible individuals can access funding opportunities that will assist them in their journey towards academic advancement and personal growth. By investing in education, the Compensation Fund strives to contribute to a skilled and resilient workforce in South Africa.

With a range of funding options available, the Compensation Fund Bursary caters to different needs and circumstances. Whether you are a vocational rehabilitation bursary applicant, a dependent of a Compensation Fund pensioner, or a young student, there are opportunities for you to secure financial support for your education.

Continue reading to learn more about the field of study options, eligibility criteria, application process, and the specific benefits and funding provided by the Compensation Fund Bursary.

Field of Study for the Compensation Fund Bursary

The Compensation Fund Bursary offers funding for various fields of study. There are different bursaries available depending on specific criteria and target groups.

This bursary is available to unemployed Compensation Fund pensioners and individuals with physical disabilities. It covers any field of study, providing opportunities for individuals to acquire new skills and improve their employability.

Bursary for Dependents of Compensation Fund pensioners:

Open to individuals between 17 and 25 years old, this bursary aims to support the education of dependents of Compensation Fund pensioners. It covers fields such as engineering, science, health sciences, and more, offering young students the chance to pursue their desired careers.

Youth Student Bursary:

Designed for individuals between 17 and 25 years old, the young student bursary focuses on fields such as actuarial science, accounting, computer science, and others. It provides financial assistance to young students who demonstrate potential in these areas, enabling them to achieve their educational goals.

Eligibility Criteria for the Compensation Fund Bursary

To be eligible for the Compensation Fund Bursary, you must meet specific criteria depending on the type of bursary you are applying for.

For the vocational rehabilitation bursary, you need to fulfill the following requirements:

  • Be a South African citizen
  • Be an unemployed Compensation Fund pensioner or an individual with a physical disability
  • Be accepted for full-time study at recognized institutes

If you are applying for the bursary for dependents of Compensation Fund pensioners, the criteria are as follows:

  • Be a South African citizen
  • Be between 17 and 25 years old
  • Be accepted for full-time study in specified fields

The young student bursary has similar eligibility requirements:

  • Be a South African citizen
  • Be between 17 and 25 years old
  • Be accepted for full-time study in specific fields

Ensure that you meet the eligibility criteria for the Compensation Fund Bursary that you intend to apply for so that your application can be considered for financial assistance.

Compensation Fund Bursary Application Process

The application process for the Compensation Fund Bursary entails submitting the necessary documents and completing an application form. If you are applying for the vocational rehabilitation bursary, you will need to provide documents such as proof of disability, proof of unemployment or income, and proof of acceptance at an approved institution.

Dependents of Compensation Fund pensioners and young students have similar document requirements. This includes proof of residence, parent/guardian documents, matric results, acceptance proof from an accredited institution, and proof of income.

The application forms can be downloaded from the Compensation Fund website. Once you have completed the forms and gathered all the required documents, you can submit your application via email to cfexternalbursaries@labour.gov.za or in-person at a specified location.

Make sure to carefully review the application guidelines and ensure that you have all the necessary documentation ready before submitting your application.

Compensation Fund Bursary Application Process

Required Documents for the Compensation Fund Bursary Application

  • Proof of disability
  • Proof of unemployment or income
  • Proof of acceptance at an approved institution
  • Proof of residence
  • Parent/guardian documents
  • Matric results
  • Acceptance proof from an accredited institution
  • Proof of income

Funding and Benefits of the Compensation Fund Bursary

The Compensation Fund Bursary provides a range of funding options and benefits to successful applicants. If you are a recipient of this bursary, you can expect financial assistance that covers various expenses, including:

  • Tuition fees
  • Prescribed learning resources
  • Accommodation
  • Monthly stipends

This funding is renewable annually, depending on the availability of funds and your academic merit. It is essential to note that the specific financial assistance and benefits you receive will depend on the type of bursary you are awarded and your individual circumstances.

By providing this comprehensive funding support, the Compensation Fund aims to ensure that you can focus on your studies without financial constraints and achieve your educational goals.

funding and benefits of the Compensation Fund Bursary

Contact Information for the Compensation Fund Bursary

For more information about the Compensation Fund Bursary and the application process, applicants can contact Mr Ntsodi Mafa or Ms Vivi Khoza. You can reach Mr Ntsodi Mafa at 012 319 9264 and Ms Vivi Khoza at 012 406 5709. Alternatively, you can send an email to cfexternalbursaries@labour.gov.za. For any queries or to check the status of your application, it is recommended to reach out to the Compensation Fund directly.

Conclusion

The Compensation Fund Bursary Application for 2024/2025 offers a valuable opportunity for eligible individuals to receive financial assistance for their education. This study bursary aims to support those who have been affected by work-related injuries or disabilities, providing them with the means to build a brighter future through education funding. To ensure a successful application, it is crucial for interested applicants to carefully review the eligibility criteria, understand the application process, and make use of the provided contact information.

By applying for the Compensation Fund Bursary, you can access the financial assistance needed to pursue your educational goals. This bursary program is specifically designed to empower individuals facing work-related challenges, providing them with the means to overcome obstacles and achieve their academic aspirations. Whether you are seeking vocational rehabilitation funding or are a dependent of a Compensation Fund pensioner, this study bursary can be a stepping stone towards a better future.

Take the time to thoroughly understand the eligibility criteria, ensuring that you meet the requirements for the specific bursary you are applying for. By carefully following the application process and submitting all the necessary documents, you can maximize your chances of securing the financial assistance offered by the Compensation Fund Bursary. If you have any questions or need further clarification, do not hesitate to reach out to Mr Ntsodi Mafa or Ms Vivi Khoza at the provided contact numbers or email address.

Invest in your education, secure financial assistance, and unlock the opportunities that the Compensation Fund Bursary Application for 2024/2025 provides. Take the first step towards achieving your educational goals and building a brighter future through this study bursary. Apply today and embark on a journey of educational growth, supported by the Compensation Fund’s commitment to providing financial assistance to those in need.

FAQ

What is the Compensation Fund Bursary?

The Compensation Fund Bursary is a financial assistance program provided by the Compensation Fund to support individuals who have been affected by work-related injuries or disabilities. It aims to help them pursue higher education and improve their future prospects.

What fields of study are covered by the Compensation Fund Bursary?

The vocational rehabilitation bursary is available for any field of study. The bursary for dependents of Compensation Fund pensioners covers fields such as engineering, science, health sciences, and more. The young student bursary covers fields like actuarial science, accounting, computer science, and others.

What are the eligibility criteria for the Compensation Fund Bursary?

The eligibility criteria vary depending on the type of bursary. For the vocational rehabilitation bursary, applicants must be South African citizens, unemployed Compensation Fund pensioners or individuals with physical disabilities, and accepted for full-time study at recognized institutes. For the bursary for dependents of Compensation Fund pensioners and young students, similar requirements apply, including South African citizenship, being between 17 and 25 years old, and acceptance for full-time study in specific fields.

How do I apply for the Compensation Fund Bursary?

To apply for the Compensation Fund Bursary, you need to submit the required documents and complete an application form. Applicants for the vocational rehabilitation bursary must provide documents such as proof of disability, proof of unemployment or income, and proof of acceptance at an approved institution. Dependents of Compensation Fund pensioners and young students have similar document requirements, including proof of residence, parent/guardian documents, matric results, acceptance proof, and proof of income. The application forms can be downloaded and submitted via email or in-person.

What funding and benefits does the Compensation Fund Bursary provide?

The Compensation Fund Bursary covers expenses such as tuition fees, prescribed learning resources, accommodation, and monthly stipends. The funding is renewable annually based on fund availability and academic merit. The specific financial assistance and benefits depend on the type of bursary and the individual’s circumstances.

How can I contact the Compensation Fund Bursary for more information?

For more information about the Compensation Fund Bursary and the application process, you can contact Mr Ntsodi Mafa or Ms Vivi Khoza at 012 319 9264 and 012 406 5709. Alternatively, you can send an email to cfexternalbursaries@labour.gov.za. It is recommended to reach out to the Compensation Fund directly for any queries or to check the status of an application.

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