FEM Bursary Program 2024: Brighter Future for Students

In the pursuit of advancing education and fostering a skilled workforce, the Federated Employers Mutual Assurance Company (FEM) in South Africa has established the FEM Education Foundation (FEMEF). The foundation, a non-profit organization, has been actively contributing to the improvement of education in the country since its formation in 2016. One of the key initiatives of FEMEF is the FEM Bursary Program, designed to support students from disadvantaged backgrounds who aspire to pursue studies in critical fields. In this article, we will delve into the details of the FEM Bursary Program for the 2024 academic year, exploring its background, the fields it covers, eligibility criteria, application process, and more.

fem bursary programme for 2024
Photo by Vasily Koloda on Unsplash

About FEM: A Legacy of Support for the Construction Industry

The Federated Employers Mutual Assurance Company (RF) Pty Limited, commonly known as FEM, stands as a stalwart institution with a legacy dating back to its founding in 1936. FEM plays a pivotal role in the South African business landscape, specifically within the construction industry. Over the years, it has evolved from being solely an insurance provider to becoming a proactive contributor to societal development through its non-profit arm, the FEM Education Foundation (FEMEF). This section will delve deeper into the company’s history, mission, and its commitment to fostering education in South Africa.

History and Evolution

FEM’s journey began in 1936 when it was established to meet the insurance needs of construction companies and their employees. Since then, the company has undergone significant evolution, adapting to the changing landscape of the construction industry and the broader economic environment. Initially focused on providing specialized insurance cover against workplace injuries and illnesses, FEM has grown to become a multifaceted organization with a broader societal impact.

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Core Services: Specialized Insurance for the Construction Sector

At its core, FEM specializes in providing insurance cover tailored to the unique risks faced by the construction industry. This includes coverage for workplace injuries and illnesses, acknowledging the inherent dangers associated with construction work. The company’s commitment to risk mitigation and employee well-being has made it a trusted partner for construction companies across South Africa.

FEM Bursary Program: Fields Covered and Impactful Contributions

For the 2024 academic year, FEM is calling on students from disadvantaged backgrounds to apply for their bursary program. The chosen fields of study include Engineering, Built Environment, and Health Sciences. FEM has strategically selected these disciplines as they align with and contribute to the growth of the respective sectors. Through this bursary program, FEM aims not only to provide financial assistance but also to nurture future professionals who will make a positive impact on the industries they enter.

Related Bursaries

Before delving deeper into the FEM Bursary, applicants are encouraged to explore other opportunities available within the Built Environment, Engineering, Health Sciences, and other categories. These additional resources could open doors for students seeking a variety of educational paths and career opportunities.

Understanding the FEM Bursary Program: Expenses, Renewability, and Service Commitments

To make higher education more accessible, the FEM Bursary covers a range of expenses, including tuition fees, prescribed textbooks, and a monthly stipend. Additionally, accommodation and meals may be covered at the discretion of FEM. The bursary is awarded on an annual basis, with renewability contingent on factors such as completing registered modules, participating in community service, and at the discretion of FEM. Importantly, there is no mandatory work-back obligation for graduates, offering them the flexibility to pursue employment anywhere after completing their studies.

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Eligibility Requirements: Opening Doors to Deserving Students

To be considered for the FEM Bursary, applicants must meet specific eligibility criteria. These include being a South African citizen, studying full-time towards an undergraduate qualification in Engineering, Built Environment, or Health Sciences, and having completed at least the first year of study. The household income of applicants must not exceed R360,000 per year, and a strong academic record is essential. Financial need is a key consideration, with preference given to students from disadvantaged backgrounds.

How to Apply: A Step-by-Step Guide to Securing the FEM Bursary

Step 1: Understand the Eligibility Criteria

Before initiating the application process, it is crucial to carefully review the eligibility criteria outlined by FEM. To be eligible for the bursary, applicants must:

  • Be South African citizens.
  • Be studying full-time towards an undergraduate qualification in Engineering, Built Environment, or Health Sciences.
  • Have completed at least the first year of study.
  • Be enrolled at an approved institution or public university in South Africa.
  • Have a total household income not exceeding R360,000 per year.
  • Possess a strong academic record.
  • Demonstrate financial need, with a preference given to students from disadvantaged backgrounds.

Ensure that you meet all these requirements before proceeding to the application.

Step 2: Gather Required Documents

Prepare clear and certified copies of the necessary supporting documents. The submission of these documents is compulsory, and failure to provide any item may result in the disqualification of your application. The required documents include:

  • South African ID document (certified copy).
  • Most recent academic record (certified copy).
  • ID documents of parents or guardians (certified copies).
  • Proof of income for parents or guardians (latest payslips or bank statements if employed, affidavit if unemployed, affidavit if an informal worker, proof of SASSA grant/disability grant/other grant or pension if applicable, death certificate if deceased, divorce certificate if divorced).
  • Dependents’ proof of registration from tertiary institution if there are any other student dependents in your household.
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Ensure that all certified documents are no older than three months.

Step 3: Access the Online Application Portal

Visit the FEM Bursary Application Portal, where you will find the online application form. The portal is the official platform for submitting your application, and it is crucial to use this designated channel to ensure that your application is processed correctly.

Step 4: Complete the Online Application

Fill in all the required information accurately on the online application form. Be meticulous in providing details about your personal information, academic history, and financial circumstances. Pay attention to any additional questions or prompts that may be included in the application.

Step 5: Specify the Referral Source

When prompted to indicate how you heard about the FEM Bursary, mention where did you find the bursary. This step is essential for tracking the source of applications and ensuring that your submission is properly associated with the correct referral.

Step 6: Submit the Application

Once you have completed the online application and attached all the required documents, submit your application through the online portal. Ensure that you receive a confirmation of submission to verify that your application has been successfully received.

Step 7: Await Further Communication

If your application is shortlisted, you will receive a further application form to complete. Be prompt in providing any additional information or documentation requested during this stage of the application process.

Contact Information

For any inquiries related to the FEM Bursary Program, applicants can reach out directly to FEM:

Closing Thoughts: Seizing Opportunities for Educational Advancement

As the closing date for the FEM Bursary for the 2024 academic year approaches (20th December 2023), aspiring students are encouraged to act promptly to ensure their applications are considered. The FEM Bursary not only provides financial support but also represents a commitment to empowering the next generation of professionals in critical sectors. By removing financial barriers, FEM is contributing to a more inclusive and vibrant academic landscape in South Africa. As we look ahead, the FEM Bursary Program stands as a beacon of hope, opening doors for deserving individuals and fostering a brighter future for the nation.