Compensation Fund Bursary

Offered by Compensation Fund

Closed Usually closes around March

The Compensation Fund Bursary helps unemployed people with permanent disabilities caused by occupational injuries or diseases to study in fields such as accounting, engineering, health sciences and ICT. It covers tuition, materials, accommodation and a stipend.

Fields of study

  • Accounting/ Financial Science
  • Actuarial Science
  • Economics/ Econometrics
  • Engineering
  • Health and Clinical Science
  • Information and Communication Technology (ICT)
  • Marine/ Maritime studies
  • Quality Control and Environmental Health qualifications
  • Math & Science Education
  • Statistics & Data Science
  • * Bursaries may also be awarded to continuing students, for Advanced Diploma/ Honours in Accounting Science (Stream: Certificate in The Theory of Accounting (CTA), Chiropractic, Actuarial Science and Medical Orthotist and Prosthetist in public universities)

Who can apply

  • Be a South African citizen
  • Be currently unemployed
  • Be of working age
  • Be a COID beneficiary with a permanent disablement (PWD) as a result of occupational injuries/ diseases
  • Be studying intend on studying within one of the aforementioned fields of study
  • Have been accepted to study at a recognised Technical and Vocational Education and Training (TVET) College, Community Education and Training (CET) College or Higher Education Institution (HEl)
  • Intend to improve your skills to return to the work force or become self-employed

Group 2

  • Be a South African citizen
  • Be between 17 and 35 years old
  • Be a dependant of a COID beneficiary with a permanent disablement or a dependant of a fatally injured employee
  • Be studying or enrolled to study within one of the aforementioned fields of study (other qualifications may also be considered)
  • Have been accepted to study at a recognised Technical and Vocational Education and Training (TVET) College, Community Education and Training (CET) College or Higher Education Institution (HEl)

What the bursary covers

  • Tuition fees
  • Prescribed study materials
  • Accommodation
  • A monthly stipend
  • Funding is renewed each year if you meet the academic requirements.

What a work-back bursary means

Documents you will need

  • ID document (certified copy)
  • COID pension number or COID claim number
  • Latest academic transcript, if currently studying
  • Proof of acceptance from an approved institute
  • Prescribed Learning Resources quotation, if available (on institutions letterhead)
  • Proof of residence
  • Proof of disability, if applicable (verification by a Health Care Professional or Disability Support Office)
  • ID document (certified copy)
  • ID document / unabridged birth certificate showing details of the COID beneficiary (certified copy)
  • Parents/ guardians ID documents (certified copy)/ death certificates if deceased (certified copy)
  • COID pension number or COID claim number
  • Matric June results, if currently in Matric
  • Latest academic transcript, if currently studying
  • Proof of acceptance from an approved institute
  • Prescribed Learning Resources quotation, if available (on institutions letterhead)
  • Proof of residence
  • Proof of disability, if applicable (verification by a Health Care Professional or Disability Support Office)
  • Proof of income (latest payslip if employed: certified copy, affidavit if unemployed or an informal worker, proof of SASSA grant if applicable, proof pension if applicable, or other proof of income)

Full bursary documents checklist

How to apply

  1. Check the requirements

    Make sure you meet every requirement listed above. Applications that miss one are usually rejected automatically.

  2. Prepare your documents

    Scan clear copies of everything the provider asks for, certified where required.

  3. Apply through the official channel

    Download and complete the Compensation Fund Bursary Application Form 2026 (.pdf)

    – Hand delivery: Compensation House Cnr. Hamilton and Soutpansberg Rd Prinshof Pretoria

  4. Submit before the closing date

    Usually closes around March. Late applications are almost never accepted.

Applications for the current cycle have closed. This bursary usually opens again each year, so prepare your documents now and check back.

Genuine bursaries never charge an application fee. How to spot bursary scams

Contact the bursary provider

Contact the provider only with questions about this bursary. StudentBursaries.co.za does not process applications.

About Compensation Fund

The Compensation Fund, under the Department of Employment and Labour, compensates workers for occupational injuries and diseases.

StudentBursaries.co.za is an independent directory and is not affiliated with the bursary provider. Logos and trademarks belong to their owners. Always confirm the details on the official website before you apply. Last checked: October 2026.