By Victoria N · Dec 6, 2023
INSETA ISSF Bursary picture

INSETA is calling all unemployed and employed youth of South Africa to apply for the ISSF (Insurance Sector Student Fund) Bursary for 2024 academic year. Applicants should be studying or have a desire to study a course related to insurance sector.



About INSETA ISSF Bursary

Insurance Sector Student Fund (ISSF) Bursary is a financial aid program designed to support students pursuing careers in the insurance sector in South Africa. It is a collaborative effort between INSETA and the insurance industry, aiming to address the skills gap in the sector and promote inclusivity and diversity.

Its primary objective is to provide financial assistance to students from disadvantaged backgrounds who demonstrate academic potential and a strong interest in pursuing careers in insurance. The bursary also aims to increase the number of black, female, and disabled individuals working in the insurance sector.



To qualify for the INSETA ISSF Bursary you must meet the following requirements:

  • You must be a South African citizen
  • You must have completed Matric or in Matric
  • You must be unemployed and between the ages of 18 and 35
  • OR you must be employed (any age)
  • You must be studying or want to study towards an undergraduate qualification (related to the insurance sector)
  • You must be studying or want to study at a recognised and accredited institution of higher learning in South Africa (University or University of Technology)
  • Priority will be granted to courses in the Insurance and related sectors.



The bursary covers the following for unemployed Youth

  • Tuition fees in full.
  • Textbooks
  • Accommodation
  • Meals.
  • Tech devices like laptop or data.
  • A monthly allowance.


The bursary covers the following for Employed Youth

  • Tuition Fees
  • Book allowance
  • The bursaries are awarded on a sliding scale.



  • Your certified ID Document
  • Certified copy of  grade 12 latest results, if currently in Matric
  • Certified copy of Matric certificate, if completed Matric
  • A copy of acceptance letter from an accredited institution.
  • Certified copy of the latest academic transcript or record on official letterhead.
  • Tuition Fee/Course Quotation
  • Accommodation Fee/Quotation
  • Proof of Registration (where applicable)
  • Recent certified ID copy of breadwinner’s; (parents/ guardians)
  • Death Certificate/Affidavit  if deceased or unemployed
  • Most recent (3) months Banks Statements OR Payslips (both parents/guardian)
  • SASSA letter/Affidavit of both parents/guardian if grant recipient.
  • POPIA Form. Click HERE to download the POPIA form.
  • A completed ISSF Bursary Application form.
  • Learner Agreement
  • Letter of Employment (for employed)
  • Employed applicants:
  • Unemployed applicants:
    • Completed ISSF Learner Agreement (.pdf)
    • Completed INSETA Business Information Tool (BI-Tool) (.xlsx)
    • Accommodation Fee/ Course Quotation (on institutions letterhead)
    • Parents or guardians ID documents/ death certificates/ affidavit if deceased (certified copy)
    • Parents or guardians 3 months recent payslips/ bank statements (certified copy)



How to apply for the INSETA ISSF Bursary - 2024

 To apply for the  INSETA ISSF Bursary for 2024 follow the easy steps below:

Step 1: Download the INSETA ISSF Bursary application form HERE

Step 2: Fill in your personal details 

Step 3: Attach the supporting documents

Step 4: Application form and supporting documents should be sent via email to: [email protected]


How is INSETA ISSF bursary awarded? 

  • Bursaries are awarded according to academic merit, financial need/affordability of applicants.
  • Employed applicants are awarded on a sliding scale.
  • Bursary funds are paid out directly to tertiary institutions and other relevant service providers
  • Bursary fund monies are ONLY paid out directly to students under exceptional circumstances.
  • New and continuing students
  • Final selections are made by the ISSF BURSARY



 The closing date for the INSETA ISSF Bursary is on the 16th of December 2023. Late applications will not be accepted. For more information visit the INSETA ISSF website HERE.


Have passion for the Insurance industry? this bursary is definitely for you! Do not let this opportunity pass you by. Apply today for the INSETA ISSF bursary scheme.


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