An internship is a structured and monitored workplace experience gained through exposure and interactions within a real work environment. The Services SETA funds three types of internships:
1. Graduates from Higher Education and Training (HET) institutions with full qualifications at NQF level 5 and above
- R36 000 per unemployed learner, of which R2 500 must be paid to the learner as a monthly stipend for 12 months.
2. Learners seeking workplace experience to complete the Nated (N6 only) National Diploma - R36 000 per unemployed learner, of which R1 500 must be paid to the learner as a monthly stipend for 18 months.
3. Graduates who have achieved a National Certificate Vocational (NCV) from a Technical, Vocational and Training (TVET) college
- R24 000 per unemployed learner, of which R1 500 must be paid to the learner as a monthly stipend for 12 months.
A bursary is a monetary award made to learners to follow an approved course of study. This is a grant awarded to learners enrolled for qualifications registered on the National Qualification Framework level 5 and higher (excluding learnerships).
The Services SETA funds both employed and unemployed learners.
Funding: Up to a maximum of R35 000 per employed learner enrolled for NQF 5 or higher Internships Bursaries