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South African Institute of Valuers (SAIV) Bursary 2023 – 2024

South African Institute of Valuers (SAIV) Bursary 2023 – 2024

South African Institute of Valuers (SAIV) Bursary

SAIV

ABOUT THE COMPANY – SAIV

The South African Institute of Valuers (SAIV), established in 1909, is the society of professional real estate valuers in South Africa. The SAIV is committed to serving, advancing, and protecting the valuation profession, as well as protecting members’ interests by ensuring high ethical standards for members of the valuation profession.

ABOUT THE SAIV BURSARY PROGRAMME – FIELDS COVERED | COVERAGE VALUE

The South African Institute of Valuers (SAIV) is inviting students to apply for their bursary programme, for the 2023 academic year.

Bursaries will be awarded for studies towards a property valuation qualification (at the undergraduate or postgraduate level), for members of the South African Institute of Valuers (student membership is free for unemployed full-time students).

https://zabusaries.com is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the SAIV Bursary.

ABOUT THE SAIV BURSARY PROGRAMME – COVERAGE VALUE

Bursaries are awarded based on 3 main criteria: academic merit, financial need and the availability of funds.

The bursary will cover 1 academic year at a time and students are required to reapply for funding each year. Bursary recipients must submit their academic progress report after each exam, to the General Manager’s Office – funding for subsequent years will be based on satisfactory academic performance.

The value of the bursary will be determined by the candidate’s needs and the quotation received from the tertiary institution. Bursaries are paid directly into the institution’s account, for the credit of the student’s account.

Bursary recipients will be required to participate in activities aligned with the Institute’s mission and vision.

ELIGIBILITY REQUIREMENTS FOR THE SAIV BURSARY

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

  • You must be a South African citizen
  • You must be studying for a property valuation qualification
  • You must have completed your 1st year of study
  • You must be entering your 2nd year of study in 2023 (postgraduate students may also apply)
  • You must have completed valuation-related 1st-year subjects
  • You must be studying at a recognised and accredited tertiary institution
  • You must be a student member of the SAIV (read about student membership here – it is free for unemployed full-time students)
  • You must NOT be in receipt of any other bursary award, grant, study allowance or donation
  • You must be in need of financial assistance

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HOW TO APPLY FOR THE SAIV BURSARY

Download and complete the  SAIV Bursary Application Form 2023 – 2024 (.pdf)

Enter “https://zabusaries.com” in the field asking how you heard about the SAIV bursary.
Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):

  • ID document (certified copy)
  • Matric certificate (certified copy)
  • Proof of registration at a tertiary institution (on institutes letterhead)
  • 2023 academic progress report/ results (on institutes letterhead)
  • List of subjects outstanding after completing the 2023 academic year (on institutes letterhead)
  • Account for outstanding fees for enrolled subjects (on institutes letterhead)
  • Candidate Valuer registration certificate

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Applications must be submitted via email to: gmassist@saiv.org.za
(Insert the words “SAIV Bursary Application” in the email subject line).

SELECTION PROCESS FOR THE SAIV BURSARY

1) After receiving applications, the General Manager’s Office will then submit all applications to the Branch Executive Members for review or comments.
2) Branch Executive Members will then contact shortlisted candidates and invite them to attend an interview with the Chairman, Vice-Chairman and representative of the Membership and Education committees.
3) Feedback will then be given to the Branch Executive Members, who will then decide who will receive the bursary.
4) Approval (conditional or provisional) will be made by NATEX Education Committee, in November 2023.
5) Provisional approval will be then submitted to applicants, which is subject to results being submitted (with a pass mark) and the institute’s availability of funds.
6) Exam marks must be submitted to the Branch (via email or fax), which will then be forwarded to NATEX Education Committee, by no later than the second Friday in January 2023.
7) The NATEX Educational Committee will then select final applicants no later than the third Friday in January 2023.
8) A formal letter will be submitted to the tertiary institution, informing them that the candidate has been awarded the bursary and the value of the bursary.

CLOSING DATE FOR THE SAIV BURSARY

31 October 2023.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)

CONTACT THE BURSARY PROVIDER

For any queries related to this bursary programme, please contact the South African Institute of Valuers (SAIV) directly:
Contact Person: Anne-Marie Delport (General Manager’s office)
Tel: 012 348 2757
Email: gmassist@saiv.org.za
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