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 System provides access via a web portal Bursaries provided according to needs defined in the INSETA SSP

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

Bursary statistics – up to programmes available applications learners 102 training providers lead employers

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)

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

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

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

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