Education is one of the most powerful tools for unlocking opportunities, especially in South Africa’s growing insurance and financial services industry. The Insurance Sector Education and Training Authority (INSETA) supports future professionals through its Insurance Sector Student Fund (ISSF) Bursary Programme for 2026, providing funding to young South Africans who want to pursue studies aligned with the needs of the insurance sector.
This bursary is an excellent opportunity for ambitious youth who wish to contribute to the financial services industry but may face financial challenges. By supporting deserving students, INSETA ensures the development of skilled professionals ready to make meaningful contributions to the economy.
What the ISSF Bursary Covers
The ISSF Bursary Programme offers comprehensive support to help recipients focus fully on their studies without financial stress. Benefits include:
- Tuition Fees – full coverage for public universities, universities of technology, and TVET colleges.
- Prescribed Textbooks and Study Materials – all required learning resources provided.
- Accommodation and Meals – for full-time students who meet the eligibility criteria.
- Monthly Allowance – to cover additional study-related expenses.
This holistic support empowers students to excel academically and socially, providing a strong foundation for future careers.
Fields of Study Funded
For 2026, the bursary targets fields that align with the insurance and financial services sector:
- Insurance and Risk Management
- Financial Management and Accounting
- Economics and Business Studies
- Actuarial Science
- Information Technology (relevant to insurance systems)
- Human Resources and Business Administration
- Law (commercial, financial, or insurance law focus)
Focusing on these disciplines ensures that graduates gain skills that meet sector demands while promoting diversity and inclusivity.
Who Can Apply?
The bursary is open to South African citizens who meet the following requirements:
- Be a South African citizen with a valid ID.
- Be currently in Grade 12 (Matric) or enrolled at a public higher education institution.
- Demonstrate academic potential with strong results in Mathematics, Accounting, Business Studies, or related subjects.
- Come from a financially disadvantaged background (priority for previously disadvantaged groups).
- Be aged 18 to 35 years.
- Special consideration is given to students with disabilities to ensure inclusivity.
Why Apply for the ISSF Bursary?
The INSETA ISSF Bursary does more than cover tuition—it provides career-building opportunities such as:
- Mentorship and Career Guidance – learn from experienced insurance professionals.
- Workplace Exposure – gain experience through internships or vacation work with INSETA’s employer partners.
- Networking Opportunities – connect with peers and industry professionals.
By the time students complete their studies, they are well-prepared to enter the workforce and contribute meaningfully to South Africa’s economic growth.
Application Process
Applicants must complete the appropriate online application form and submit supporting documents, including:
- Certified copy of ID
- Certified copy of Grade 12 results or latest academic transcript
- Proof of household income (salary slips or affidavit)
- Proof of admission or registration at a recognised public university, university of technology, or TVET college
Application Links
- Section A: HEIs & Strategic Implementation Partners: Apply here
- Section B: Co-Funders (Employers/Companies): Apply here
- Section C: South African Public (Unemployed & Employed Individuals): Apply here
Conclusion
The INSETA Insurance Sector Student Fund (ISSF) Bursary Programme 2026 is more than financial support—it’s an investment in the future of South African youth and the country’s insurance sector. If you are passionate about finance, insurance, or related fields, this bursary could be your gateway to a rewarding and sustainable career.
CLOSING DATE: 20 OCTOBER 2025