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INSETA (ISSF) 2025: Bursaries for Future Insurance Professionals

INSETA (ISSF) 2025, Are you passionate about building a career in insurance or financial services? The Insurance Sector Education and Training Authority (INSETA) has launched the Insurance Sector Student Fund (ISSF) to financially support students pursuing qualifications in the insurance sector. If you’re a South African student in need of funding, this bursary opportunity could change your life!

What is the Insurance Sector Student Fund (ISSF)?

The ISSF is a bursary programme managed by INSETA that focuses on empowering students who are studying or planning to study insurance-related qualifications. The fund aims to grow skills in the insurance and financial sectors by removing financial barriers for deserving students.

ISSF bursaries are part of INSETAโ€™s Discretionary Grant funding, in line with the National Skills Development Plan (NSDP 2030) and the B-BBEE Transformation Charter.

๐Ÿ“Œ Quick Facts:

  • Fully funded bursary (tuition, books, accommodation, and more)
  • Available to full-time and part-time students
  • Priority given to unemployed youth, people with disabilities, and students from rural areas

Who Should Apply for the INSETA (ISSF) 2025 Bursary?

The ISSF is open to students who want to study or are already studying qualifications that are aligned with the insurance sector. This includes (but is not limited to):

  • Bachelor of Commerce (BCom) in Insurance, Finance, or Risk Management
  • Diploma in Financial Planning
  • Actuarial Science
  • Short-Term and Long-Term Insurance qualifications
  • NQF-aligned insurance and financial services programmes

Eligibility Criteria

To qualify for the ISSF bursary, applicants must meet the following requirements:

โœ… Be a South African citizen
โœ… Be accepted or registered at a public university, university of technology, or TVET college
โœ… Be studying or intending to study an insurance-related qualification
โœ… Demonstrate financial need (NSFAS means test or household income under R600,000)
โœ… Priority is given to:

  • Previously disadvantaged individuals
  • Youth (18โ€“35 years old)
  • People with disabilities
  • Women and rural students

What Does the INSETA (ISSF) 2025 Bursary Cover?

ISSF is a full-cost bursary. If you’re awarded funding, you could receive financial support for:

  • ๐ŸŽ“ Tuition fees (paid directly to the institution)
  • ๐Ÿ“š Textbooks and learning materials
  • ๐Ÿก Accommodation and meals (for students studying far from home)
  • ๐Ÿ’ป Study equipment such as laptops (if justified)
  • ๐Ÿš Transport allowances (where applicable)

๐ŸŽฏ The goal is to ensure that students focus on their studies without the burden of financial stress.

How to Apply for the INSETA (ISSF) 2025 Bursary 2025

Applications are managed online and through educational institutions. Hereโ€™s a step-by-step guide to apply:

Step 1: Prepare Your Documents

Before you begin, gather the following documents:

  • Certified copy of your South African ID
  • Proof of household income (payslips, affidavit, or SASSA letter)
  • Latest academic results or school report
  • Proof of acceptance or registration at a tertiary institution
  • Motivational letter outlining why you deserve the bursary
  • Proof of disability (if applicable)
  • Banking details (in your name)

Step 2: Apply Online

Applications are typically submitted via the INSETA website or through the NSFAS-aligned Leago Platform.

๐Ÿ”— Apply on the Leago Platform:
๐Ÿ‘‰ https://inseta.org.za/learner-programmes/issf/

NOTE: The portal opens annually around August to October for the following academic year. Make sure to check for the official opening and closing dates!

Application Tips: Stand Out from the Crowd

  • Start early. Applications close quickly once the quota is filled.
  • Write a compelling motivational letter that reflects your passion for insurance and helping others.
  • Ensure all documents are clear, certified, and valid.
  • Highlight if you are from a rural area, live with a disability, or come from a disadvantaged background.

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  3. Services SETA (SSETA) Bursary 2025 โ€“ Funding for TVET & University Students in South Africa
  4. FP&M SETA Bursary 2025 โ€“ Fibre Processing & Manufacturing Funding for Students
  5. W&RSETA Bursary 2025: Empowering Retail Careers Through Free Education
  6. How to Apply for NSFAS-Funded SETA Bursary in South Africa (2025 Guide)

Why Choose a Career in Insurance?

The South African insurance industry is rapidly evolving with opportunities in:

  • Underwriting
  • Claims management
  • Risk assessment
  • Actuarial science
  • Financial advising
  • Compliance and regulation

Careers in insurance offer stable employment, strong earning potential, and the ability to make a real difference in peopleโ€™s lives during their most vulnerable moments.

๐ŸŽ“ Many ISSF bursary recipients go on to secure internships and graduate placements within the industry after graduating.

Success Stories from the INSETA (ISSF) Programme

Hundreds of students have already benefited from the ISSF, with many going on to complete their degrees and begin exciting careers in financial services.

Thulani M., a previous bursary recipient, shares:

โ€œWithout ISSF, I would have had to drop out in my second year. Today, Iโ€™m working as a junior underwriter and studying part-time towards my Honours. This bursary changed my life.โ€

INSETA Contact Details

Have questions or need help with your application? You can contact INSETA directly:

๐Ÿ“ Address: 37 Empire Road, Parktown, Johannesburg
๐Ÿ“ง Email: [email protected]
๐Ÿ“ž Phone: 011 381 8900
๐ŸŒ Website: https://inseta.org.za

Follow INSETA on social media for updates:

Final Thoughts: INSETA (ISSF) 2025

The INSETA Insurance Sector Student Fund (ISSF) is more than just a bursaryโ€”itโ€™s a stepping stone to a future career in a growing and impactful industry. If youโ€™re passionate about finance, risk, helping others, and making a difference, this bursary could be your ticket to success.

Donโ€™t wait. Prepare your documents and apply as soon as applications open!

๐Ÿ”— Apply here: https://inseta.org.za/learner-programmes/issf/

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