Compensation Fund Profile
Compensation Fund is an establishment that is branched off from South Africa’s Department of Labour. Through the Compensation Fund, it helps employees who are going through any forms of injuries or diseases to retrieve any compensation that might help them in the long run of their employment. Under the supervision of the Occupation Injuries and Diseases Act (COIDA) of 1993 (amended in 1997), the funding that comes with the compensation act is fully administered and will only be distributed for individuals who are able to prove their eligibility and how much they deserve it. T
he Compensation Fund is not without the history behind this wondrous mission. With employment rates going higher with each year, it’s also equally important to make sure that all employees are on their best forms in the course of their career. Therefore, with the assistance of the Compensation Fund, it is hoped that this establishment may lessen the burdens of South African employees.
About Compensation Fund Bursaries 2020
The Compensation Fund is currently providing to bursaries to individuals who heavily rely on the Compensation Fund pensioners who are studying in a South African university. The Compensation Fund Bursaries will be offering bursary schemes to individuals who are attaining an education in any of these listed courses below:
- University of Cape Town
- Bachelor of Medicine and Bachelor of Surgery (MBChB)
- Bachelor of Science in Occupational Therapy
- University of KwaZulu-Natal
- Bachelor of Science in Occupational Therapy
- Bachelor of Physiotherapy (PhysT)
- University of the Witwatersrand
- Bachelor of Medicine and Bachelor of Surgery (MBChB)
- Universities Tshwane University of Technology
- Bachelor of Technology in Nursing
- National Diploma in Medical Orthotics and Prosthetics
- University of Pretoria
- Bachelor of Medicine and Bachelor of Surgery (MBCHB)
- Bachelor of Commerce in Accounting Science
- Bachelor of Science in Actuarial Science and Financial Mathematics
- Bachelor of Physiotherapy (PhysT)
- University of Johannesburg
- Bachelor of Science in Information Technology
- Bachelor of Science in Computer Science and Informatics
Selected participants of the Compensation Fund Bursary programme will be entitled to financial support that will cover several expenses, such as tuition costs, allowance for prescribed study material, accommodation expenses, a stipend that will be given on a monthly basis, and meals. Additionally, you may have your bursary programmed renewed every year, provided that the bursary scheme is still able to fund you and you are able to maintain your impressive academic track record. Read more on the Official Compensation Fund Website to check out for more details.
Compensation Fund Bursary Requirements
The Compensation Fund Bursary is a programme that is only available for certain groups of students who are able to pass the eligibility criteria that comes with the programme. Each of these requirements below play a certain crucial role into determining whether you will be accepted by the bursary scheme or not. Failure to meet all of these items below may result in lesser chances of acceptance, so it is highly advisable that all interested candidates are able to fulfill these qualifications below. Find out more on the Official Compensation Fund Website.
The Compensation Fund Bursary Requirements are as listed below:
- Compensation Fund pensioners dependents
- Officially recognized as a legitimate citizen of South Africa
- Between 17-25 years old
- Holding a Grade 12 qualification at the moment
- Currently a first year student in any of the aforementioned universities and courses
- Able to submit in a fully-completed application form
- Can provide valid copies of their Identity Card/Birth Ceritificate
- A letter of acceptance or enrollment into any of the aforementioned university.
How to Apply Compensation Fund Bursary 2020
Applications for the Compensation Fund Bursary are as simple as they can be. For starters, all interested candidates must first download the Official Compensation Fund Bursary Application Form which you may obtain directly on the Labour Website. After downloading the form, be sure to fill it out completely with only accurate and correct personal details. Candidates founded to be providing false information will be given a sanction and will have their applications revoked.
Once your application forms are all, set, make sure you have it signed. Alongside with your application form, be sure to have valid copies of your necessary documents attached to the form. After your application dossier is all set, make sure to have them sent through Postal Carriage to this provided address below:
- The Director Directorate: Vocational Rehabilitation Department of Labour Compensation Fund Private bag x 955 Pretoria 0001
Announcements will only be made to participants who have shown astounding academic potential, and their applications are considered to be successful by the committee. Should you not hear back from the Department within a total period of 3 months past the closing date, we are sorry to inform you that your applications for this bursary scheme have not been accepted by the bursary scheme.
If you come across any trouble or concerns with your application procedure, do not hesitate to immediately reach out to the Department. You may either reach out to them via e-mail at [email protected] (E-mail Subject Line – CF 2020 Cohort). Alternatively, you can directly contact either Ms. Khoza on 012 406 5709 or Mr. Mofana on 012 406 5708.
Compensation Fund Contact Address
Office Address:
Compensation House
167 Thabo Sehume Street, Delta Heights Building, Pretoria
Mail Address:
P.O Box 955, Pretoria, 0001
Tel: +27 86 010 5350
Fax: +27 86 726 1681
Email: [email protected]
Site: http://www.labour.gov.za/
Source: Compensation Fund; Author: Larxsati; Editor: Melisa; Picture: labour.gov.za.
Related: Compensation Fund Learnership | Compensation Fund Internship | Compensation Fund Job Vacancy.