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BEECHAMBER

BURSARY MANAGEMENT

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A first step to equality?

Fundamentally enable beneficiaries the development of critical skills for their careers!

The investment into employees will have an immediate, meaningful effect.

Make racial equity a core focus to your businesses, not just part of corporate

social responsibility programs.

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Bursary Management

Are you looking to invest in our Youth? If so, your search has landed you on the right page.

Are you struggling to plan, develop and implement bursaries
aligned with the Skills Development requirements?

The BEE Chamber offers seamless end-to-end solutions and management services that benefit a Bursary Sponsor, the Recipient and a B-BBEE Scorecard. Our tried and tested bursary methodology withstands the scrutiny of a B-BBEE Verification.

What is Bursary Management?

Bursaries and scholarships, in line with the Skills Development requirements, target students enrolled at tertiary institutions registered with the Department of Higher Education and Training (DHET).

The BEE Chamber's three-pronged approach manages the process between the institution, the Bursary Recipient
and Sponsor, thus removing the administrative burden from all three parties. In this managed setting, the end-to
end B-BBEE bursary process is straightforward.

Which part of the B-BBEE Scorecard allows for Bursaries?

Bursaries fall under Skills Development, representing 20% of the total points available. The target is 2.5% annual payroll - leviable amount - in exchange for 4 Weighting Points.

As a result of successfully implementing bursaries, you can increase your Skills Development points and potentially create a ‘talent pool’ for the future. 

What are the benefits of bursary management?

 A seamlessly managed Bursary outcome will not only feed your Skills Development Scorecard, but affords you the following benefits.

  1. Saves you time;
    Leave Bursary management to the versed and dedicated BEE Chamber Bursary Team as it sources and matches the right candidates.

  2. Saves your resources
    Having the BEE Chamber Bursary Team on your side, with its capacity and skills to deliver, removes the burden of bursary administrations, such as:

  • The sourcing, selecting and shortlisting of registered Bursars from DHET institutes nationally;

  • Meeting Bursary requirements in line with the Code on which your organisation is measured;

  • Collecting, checking and qualifying of the Bursary evidence and document packs;  and

  • Managing all payments to tertiary institutions, residential accommodations and book stores, to name a few.

  • Secures your investment

3.     Secures your investment

        Suitable candidates, based on your requirements and timeline, are sourced and matched through

        the BEE Chamber network.

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