There are multiple different SETA bursary options that cater to different functions or sectors within society. The SETA motto includes having a responsibility toward skills development for employment and entrepreneurship in these different sectors, and the bursaries that they issue aim towards supporting this mission.
With SETA existing within 21 sectors of the economy, ranging from Agriculture to Wholesale and Retail, the SETA identifies skills that are lacking in one way or another and that need to be improved. The bursaries provided, therefore, provide financial assistance to students in need to ensure that they produce students into the employment sector who possess quality skills.
SETA bursaries typically cover: tuition fees, textbooks, and accommodation and meals (both of which only apply to unemployed beneficiaries). There are also travel and research allowances reserved only for Masters and PhD students.
These bursaries cover both unemployed and employed students at any recognised public institution in South Africa, but through different funding packages. Bursary applicants are required to have a standing average that is above 50%, as well as be able to prove that their household income is below R600 000 per annum.