Fasset Update
September / October 2013
Seta Funding Regulations
Fasset Update
September / October 2013
Overview of major changes
• Mandatory Grants submission will be due on 30 April (and not 30 June anymore)
as from 2014
• Mandatory Grants (previously 50% of SDL) is now 20%
• 80% of the Discretionary Grants funding will be allocated to PIVOTAL
programmes
 PIVOTAL is defined as professional, vocational, technical and academic
learning programmes that result in qualifications or part-qualifications on
the National Qualifications Framework
• There is a new ‘minimum requirements’ Mandatory Grant form
Fasset’s Strategy 2013 / 2014
Fasset Update
September / October 2013
Fasset is focusing on new relationships in order to extend the skills
development reach in implementing a career pipeline approach
• Further Education Training (FET) Colleges
• Universities
• Addressing skills need in the public sector
• Provincial footprint, focus on rural areas
A PIVOTAL Grant will be introduced for all races, however the transformation
agenda will continue to be pursued through specific interventions such as
SCG, Bridging Programmes, LCG, NLRG etc.
Mandatory Grant
Fasset Update
September / October 2013
Training plan for the upcoming year and training report for the previous year
• 20% of the SDL, paid quarterly
• 2 forms: <50 Employees and >50 Employees (MS Excel format)
• All training, including short courses, PIVOTAL programmes to be specified
• No discretionary criteria e.g. any population group, gender etc. applies
• Cost of training not linked to payout amount
• Training committee recommended for employers employing 50 or more
• Reminder: this will move to 30 April from 2014
Pivotal Grant
Fasset Update
September / October 2013
• Now 50% of the SDL
• 30% of grant may fund any learner on pivotal programme
• 20% of grant to fund Black African learners and people with disabilities
• Qualifications (degrees, diplomas), learnerships, internships – to be NQFregistered
• Learners currently commencing, undergoing, or completing a pivotal programme
in the 2013 calendar year
• Tariffs are applicable
• Due date 15 February 2014 – to be submitted via hand delivery on Friday
Fasset Update
Learnership Cash Grant
September / October 2013
Entry Grant : On registration of Black African learners on learnerships
Exit Grant: On completion of Black African learners on learnerships
• SDL payers and non-levy payers
• Fasset learnership or specific other Seta
learnership
• 10 entry grants per employer
• 10 exit grants per employer
Length of
Learnership
Entry Tariff
Exit Tariff
12 month
R 5,000
R 5,000
24 month
R 7,000
R 13,000
36 month
R 20,000
R 20,000
• Black African learners and learners with a disability
• Higher amount for learners with a disability
• Employers with staff complement under 150
• Due date 15 February 2014 – to be submitted via
hand delivery on Friday
NSFAS Loan Repayment Grant
Fasset Update
September / October 2013
Ensuring retention of learners on learnerships
• 3 year learnership attracts R 60,000 grant towards NSFAS account
• Transformation in the sector: Black African learners and people with disabilities
• Learners currently commencing, undergoing, or completing a learnership in the
2013 calendar year with a Fasset employer
• Employed learner or an employer representative may apply
• Black African learners will be relieved of the NSFAS financial burden
• Salary threshold applies
• May be applied for in tranches
• Due date 15 February 2014 – to be submitted via hand delivery on Friday
NSFAS Grant Amounts
Length
12 (1 year)
Tariff
On registration
In month 12 of the learnership
24 (2 year)
36 (3 year)
On registration
Fasset Update
September / October 2013
Amount
R 5,000
R 25,000
R 5,000
In month 6 of the 24-month learnership
R 15,000
In month 18 of the 24-month learnership
R 25,000
On registration
R 5,000
In month 6 of the 36-month learnership
R 15,000
In month 18 of the 36-month learnership
R 20,000
In month 32 of the 36-month learnership
R 20,000
Assessor and Moderator Grant
Fasset Update
September / October 2013
To ensure the supply of assessors of academic and workplace training
• Reimbursement of the cost of training
• Maximum of R 4,500
• Assessor/moderator to be registered with Fasset in 2013
• Training can take place before 2013
• Due date 15 February 2014 – to be submitted via hand delivery on Friday
Fasset Update
Grant Deadlines
September / October 2013
Grant
Due Date
Assessor and Moderator Grant (AMG)
15 February 2014
Pivotal Grant
15 February 2014
Leadership Cash Grant (LCG)
15 February 2014
NSFAS Loan Repayment Grant (NLRG)
15 February 2014
Mandatory Grant (MG)
30 April 2014
Fasset Update
Lifelong Learning Calendar
September / October 2013
Month
Topics
Target Occupations
October 2013
Mentoring and Coaching
HR (SDFs, HR Professionals)
November 2013 Conflict Management
Leadership and Management
(Junior and Middle Managers)
February 2014
Office Etiquette
Leadership and Management
(Junior and Middle Managers)
March 2014
Budget & Tax Update 2013 Legislative (All)
Only firms with a valid SDL number with Fasset will be able to register for the events
This calendar is subject to change
Upcoming Research
Fasset Update
September / October 2013
To assist the Board and sector in aligning training to strategic objectives.
• Sector Skills Plan Update for the period commencing 1 April 2014
• Annual Benchmarking of Training in the Sector
• Learnership Readiness Pack
• Internship Readiness Pack
• Lifelong Learning Learnership Programme (LLLP) Employer Support Guide
• Tracer Study on Development Projects (Academic)
• Database Update (Employers)
• Database Update (Learners)
FET College Engagement
Fasset Update
September / October 2013
To develop FET colleges, which is also a national and ministerial imperative.
• Capacitating FET colleges with funding set aside
• Improvement of relevant courses offered by FET colleges
• Development of lecturers so as to ensure a quality supply of FET learners
• Partnership agreements to be put in place with Waterberg and Sekhukhune FET
colleges in Limpopo as part of a broader joint Seta initiative to establish a
regional presence in rural areas and townships through FET colleges
• Fasset will support the co-ordinated Seta collaborative effort to establish a
regional presence in rural areas and townships through public FET colleges
Development Projects
Fasset Update
October / November 2012
Designed to assist unemployed learners (NQF levels 4 – 8) and bridge the gap between
theoretical learning and workplace experience
• Fasset has approved 13 new projects for this year.
• Details on each project can be found on the website: www.fasset.org.za
• A Tracer study to evaluate the impact of past projects has been completed and can also be
found on our website.
Fasset’s Board has adopted a pipeline approach to funding:
• Bridging Programmes for Access to Higher Education
• Academic Programmes that Lead to Academic/Professional Body Qualifications and
Designations
• Bridging Programmes for Access to Employment
• NSFAS Loan Repayment Grant
Fasset Update
Board Strategy
June 2013
No.
INTERVENTION
1
Bridging programmes for access into
higher education
2
Financial support for learners in the
sector with student loans (NSFAS)
10
3
Academic programmes that lead to
academic and/or professional body
qualifications/designations
40
Academic exit 6 - 8
level
4
Bridging programmes for access into
employment
40
Training, entry 6 - 7
level
to
employment
Total
Rand value
(Millions)
3,6
93,6
Pipeline
imperative
Access, entry
level
to
academic
Academic exit
level
NQF
Level
5
6-7
Fasset Update
Career Awareness
September / October 2013
Communicate the number of career options within the Finance and
Accounting sector through various tools
• Below the line advertising
• Career Exhibitions
• Partnerships
• Campus Brand Ambassador Campaign, currently at the following institutions:
o PE College
o Elangeni FET College
o Goldfields FET College
o Gert Sibande FET College
o University of Zululand
o Orbit FET College
o Waterberg FET College
o University of Limpopo
o Sekhukhune FET College CS o Sekhukhune FET College
Barlow Campus
CN Phatudi Campus
Stakeholder Engagement
Fasset Update
September / October 2013
Engaging with Fasset stakeholders by informing and educating through
regular, effective communication, meeting the following strategic
imperatives:
• The promotion of critical and scarce skills areas within our sector
• Promotion of skills development within sector through targeted marketing
• Promoting skills, access to jobs, sustainable livelihoods via development projects
• Developing a culture of high-quality, lifelong learning and fostering skills
development for high-quality jobs
• Focus on the critical SMME component, specifically levy-exempt employers
• Fostering skills development in the formal economy for productivity and
employment growth
Tools
Fasset Update
September / October 2013
• Fasset website: www.fasset.org.za
• On the website you can gain access to the following:
− Download all the application forms you are required to complete for the grants
− Latest Fasset information
− List of all the relevant Fasset contacts
− List of Fasset learnerships
− Apply for Mandatory Grant online
− Lifelong Learning calendar
Fasset Update
September / October 2013
Thank You
For more information
please contact the
Fasset Call Centre
on 086 101 0001
or visit www.fasset.org.za