Compensation Fund Bursary 2024: Financial Aid for Unemployed COID with A Permanent Disablement

About the Compensation Fund
The Compensation Fund is a government-managed fund that provides compensation to employees who are injured or contract an illness in the course of their work. The fund is administered by the Department of Employment and Labour that serves to support individuals who require access to efficient services. The fund is committeed to helping people require financial viability to people who are categorised under COID. With a dedicated staff, the organisation ensures that every single need of their clients are met seamlessly.

The Compensation Fund in South Africa is an essential component of the country’s social security system. It provides a safety net for workers who are injured or become ill as a result of their work. The fund is designed to provide financial support to employees who may not have access to other forms of support and assistance. The Department of Employment and Labour is responsible for ensuring that the fund operates efficiently and effectively. The department’s staff work diligently to ensure that claims are processed in a timely manner and that eligible employees receive the compensation they are entitled to

About the Compensation Fund Bursary 2024
Compensation Fund is offering financial assistance for bright-minded South African students who are unemployed COID beneficiaries with a permanent disablement (PWD) and suffering of an occupational injury/disease. The Compensation Fund Bursary is an all-inclusive programme that welcomes people of all different backgrounds. As an awardee, you will be provided with the necessary support to chase after your academic qualification. If you display exemplary academic scores and valuable qualities as a student, you are more than encouraged to give this opportunity a shot.

Candidates interested in the programme must be enrolled and accepted into an accredited Technical and Vocational Education and Training (TVET) College, Community Education and Training (CET) College or Higher Education Institution (HEI).

Recommended priority qualifications for the beneficiaries:

  1. Financial Mathematics
  2. Data Science
  3. Architectures
  4. Culinary
  5. Health and Clinical Science, Accounting Science
  6. Agriculture
  7. Economic Science, Actuarial Science
  8. Aeronautical Engineering/Aerospace Control/Aviation
  9. Mathematical Science/Statistics
  10. Information Technology/Computer Science (Specialising with Informatics/System Development/Artificial Intelligence/Machine Learning/Data Science & Analytics/Data Engineering/Cyber Security/Cloud Computing/Internet of Things (IoT)/Quantum Computing/Robotics/Software Engineering/Computer Networks)
  11. Risk Management & Forensic Science
  12. Engineering (including Chemical, Civil, Electrical, Mechanical, Mechatronics, Design & Development, Production & Process)
  13. Environmental Health, Teaching (Mathematics, Science, Information Communications Technology, &d Early Childhood Development)
  14. Graphic Design/Digital Marketing/Brand Communication or Management/Digital design/Film and Production/Animation
  15. Apprenticeship Qualification.

Recipients of the Compensation Fund Bursary will be entitled to coverage for the following items:

  • Tuition expenses
  • Prescribed study materials
  • Monthly allowance
  • Accommodation costs.

Awardees of the Compensation Fund Bursary have the choice of renewing their applications every year, throughout the entire duration of the programme. However, the selection committee will need to take a look at the availability of funds and the progress of their applicants’ academic studies.

If you think this programme is suitable for you, feel free to register for the Compensation Fund Bursary.

Eligibility Criteria
Candidate who want to be considered for the Compensation Fund Bursary must first meet the requirements for eligibility before submitting their applications. Each of the things listed below will decide whether or not you are qualified to continue with this bursary program. Candidates are strongly encouraged to fulfill all of the criteria listed below in order to ensure a successful application. Your applications will suffer negative repercussions if you do not complete this step. Ensure that you take note of these points for your own reference.

The following are the eligibility requirements for the Compensation Fund Bursary:

  • Officially recognized as a citizen of South Africa
  • Currently unemployed
  • Proven to have an occupational injury/disease that results in permanent disablement
  • Recognized as a COID Pensioner with an occupational injury/disease that results in permanent disablement
  • Recognized as dependants of COID Pensioner/dependants of COID beneficiares with a permanent disability and has not yet been categorized as a COID Pensioner (ages 17 – 25 years old)
  • Recognized as dependants of COID individuals with disabilities/COID/dependants of fatlly injured employees
  • Currently accepted to pursue a full-time education (however, students with disabilities are allowed to pursue part-time studies under exceptional circumstances)
  • Pursuing their education at a Public TVET or HEI.

Application Instruction
Download application form: Compensation Fund Bursary 2024.

Once you have the application form with you, please skim through all of the form instructions. Make sure you follow everything accordingly so you do not fill in your form incorrectly. Any mistake on your application form could potentially get your application rejected.

In addition to filling in your application form, you must compile the documents below into one dossier:

  • A fully completed application form
  • Legitime proof of residence
  • Proper claim number
  • Certified copies of the applicant’s/parent(s)/guardian’s Identity Document, or Death Certificate (COID Persons with Disabilities)
  • Your Grade 12 results from June or your most latest qualification/grade
  • Students must be enrolled to study on a full-time basis, and only under exceptional circumstances students with disabilities shall be allowed to study part-time
  • Legitimate proof of acceptance issued by an accredited Post School Education and Training (PSET)
  • Legitimate proof of unemployed (e.g. letter issued by the Department of Employment and Labour) or Affidavit
  • Proper certification/verification that confirms your physical disability as issued by a Health Care Professional or Disability Support Office/WCL forms (final medical report)
  • Candidates will be required to attend a pscyhometric assessment.

All these documents should be included in your application dossiers. Incomplete dossiers will not be considered for registration.

Once everything is ready, submit your applications via one of the methods below:
Post Office/Courier: The Sub – Directorate: Vocational Rehabilitation, Department of Employment and Labour, Compensation Fund, Private Bag x 955, Pretoria, 0001

Hand Deliver: 167 Thabo Sehume and Madiba Street, Delta Heights Building

Email: [email protected]

By sending in your applications, you are hereby giving permission to the selection committee to have your personal information utilized for registration purposes.

Applications will be subjected to further evaluation and vetting procedures to verify the validity of candidates. Anyone discovered to be falsifying any aspects of their applications will be disqualified from the registration period.

Closing Date
Applications for the Compensation Fund Bursary must be submitted before the closing dates on 31 March 2024.

Late applications will not be accepted by the selection committee under any circumstances. Submissions that are received after the closing date will not be recognized during the time of registration.

It is recommended that candidates submit their applications as soon as possible after learning of their selection. You will have more time to fully examine the substance of your applications as a result of this arrangement. Please begin preparing your applications as soon as you get the opportunity.

Announcements will only be made to shortlisted candidates. If you are not contacted by the selection committee within 2 months past the phase 2 closing date, we regret to inform you that you have not been chosen for the programme.

During the recruiting process, the Compensation Fund has the right to arrange an appointment or not to make an appointment. The selecting committee’s judgments are final and binding on all parties involved.

3 Comments

  1. My husband was in a Mva an past 3 weeks later he was a police man.. on duty at the time my son has dislexia can he aply

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