Insurance sector sponsors 53 students at Rhodes

INSETA Sponsored Students Make Huge Passes At Rhodes

The Insurance Sector Education and Training Authority (INSETA) is thrilled to announce that all 53 Bachelor of Commerce (BCom) Accounting students, funded by INSETA, passed the 2013 academic year, at Rhodes University (41 learners) and North West University (12 learners).
Sandra Dunn, Chief Executive Officer of INSETA, said, “Given our country’s history, the development of historically disadvantaged students within the Commerce sector is part of our mission of transformation. Upon the request of the National Student Financial Aid Scheme (NSFAS), we welcomed the opportunity to channel funding of approximately R3.5 million through the universities to students for the 2013/2014 financial year.
Luyanda Bheyile, from the administration department at Rhodes University said, “INSETA was absolutely amazing. Their process of funding was short, efficient and straight-forward. They covered tuition and accommodation fees, which included three meals per day, and supplied R2500 per student, for books. INSETA’s funding went a long way to assist with financial aid. Ten first-year and 31 senior students, all from previously disadvantaged backgrounds, were offered full bursaries, and not loans.”
Dunn emphasised that the achievement of the 53 students should be measured within the context and extent of the attrition rates for undergraduate students discussed […]

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