Compensation Fund Bursary 2026 Intake: Application Process, Eligibility & Benefits Explained

The Compensation Fund Bursary 2026 Intake offers a valuable opportunity for South African students who wish to pursue higher education in fields linked to occupational health, safety, labour law, and compensation management. This government-funded bursary is aimed at developing skilled professionals who will contribute to safer workplaces and improved compliance with South Africa’s labour legislation.

This guide explains everything you need to know about the bursary, including eligibility requirements, fields of study, benefits, application steps, and key deadlines.

What Is the Compensation Fund Bursary?

The Compensation Fund Bursary is a government-sponsored initiative under the Department of Employment and Labour. It supports students studying in disciplines that align with the Fund’s mandate of promoting workplace safety, effective compensation systems, and labour law compliance.

The bursary helps ease the financial burden on deserving students by covering tuition and related study costs, allowing recipients to focus fully on their academic and professional development.

Eligibility Criteria for the 2026 Intake

To be considered for the Compensation Fund Bursary 2026, applicants must meet the following requirements:

1. Academic Requirements

Applicants must have completed, or be in the process of completing, a recognised National Senior Certificate (NSC) or be registered at a tertiary institution. Preference is given to students pursuing studies in the following areas:

• Law
• Public Administration
• Occupational Health and Safety
• Finance or Accounting
• Risk Management

2. South African Citizenship

Applicants must be South African citizens, and proof of citizenship is mandatory.

3. Financial Need

The bursary prioritises students from financially disadvantaged backgrounds. Applicants may be required to submit affidavits or proof of household income.

4. Academic Performance

Strong academic results, consistency, leadership potential, and community involvement may improve selection chances.

Fields of Study Covered

The bursary supports qualifications that contribute directly to the Compensation Fund’s objectives, including:

• Occupational Health and Safety – Identifying and managing workplace hazards
• Public Administration – Managing labour and compensation-related systems
• Risk Management – Assessing and mitigating occupational risks
• Finance and Accounting – Managing compensation and compliance finances
• Law – Labour law, compensation legislation, and dispute resolution

Benefits of the Compensation Fund Bursary

Successful applicants may receive the following benefits:

• Full or partial tuition fee coverage
• Study materials, including textbooks and learning resources
• Living allowance or stipend (where applicable)
• Access to mentorship programmes
• Internship and work exposure opportunities
• Improved employment prospects within government and related sectors

Step-by-Step Application Process

Step 1: Prepare Required Documents

Ensure you have the following documents ready:

• Certified copy of South African ID
• Latest academic transcripts or NSC results
• Proof of financial need (affidavit or payslips)
• Updated Curriculum Vitae (CV)
• Motivational letter

Step 2: Access the Application Platform

Visit the Department of Employment and Labour website:
👉 https://www.labour.gov.za
Navigate to the Bursaries section and review the 2026 bursary guidelines.

Step 3: Complete the Application Form

Fill in the form carefully and ensure all information is accurate and complete.

Step 4: Upload Supporting Documents

Upload all documents in the required format (PDF or JPEG). Ensure they are clear and legible.

Step 5: Submit Before the Deadline

Late or incomplete applications will not be considered. Keep proof of submission for reference.

Application Form Download

 Download the 2026 Compensation Fund External Bursary Application Form (PDF) — Compensation Fund External Bursary Application Form 2026 (Official)

📌 Note:
Completed forms with all supporting documents must be submitted via email, post, hand delivery, or at a Provincial Labour Centre, as specified in the guidelines.

Important Dates for 2026

• Applications Open: 01 January 2026
• Closing Date: 31 March 2026
• Notification of Results: May 2026
• Bursary Commencement: July 2026

Selection Process

Applications go through the following stages:

1. Initial Screening – Verification of eligibility and documents
2. Evaluation – Academic merit, financial need, and alignment with fund objectives
3. Interviews (if required) – For shortlisted candidates
4. Final Approval – Successful applicants notified via email or portal

Frequently Asked Questions (FAQs)

Can part-time students apply?
The bursary mainly supports full-time students, but part-time studies may be considered in special cases.

Is there an age limit?
There is no strict age limit, but priority is given to students early in their tertiary studies.

Can I apply for other bursaries as well?
Yes, but you must disclose if you receive multiple funding offers.

Are international students eligible?
No. Only South African citizens may apply.

Support Beyond Funding

The Compensation Fund also supports students through:

• Mentorship programmes
• Skills workshops and seminars
• Internships and workplace exposure

These initiatives help prepare bursary recipients for long-term careers in the labour and occupational safety sectors.

Conclusion

The Compensation Fund Bursary 2026 Intake is a powerful opportunity for South African students committed to careers in occupational health, safety, labour law, and compensation management. Through financial assistance, mentorship, and professional development, the bursary equips students with the tools needed to succeed academically and professionally.

If you meet the eligibility criteria and are passionate about contributing to safer and more compliant workplaces, this bursary could significantly shape your future. Start preparing early, submit a complete application, and take the first step toward a meaningful and impactful career.