South African Institute of Valuers Bursary

About the Bursary

This bursary provides financial assistance to eligible students pursuing property valuation qualifications at recognised tertiary institutions in South Africa. The programme supports students who demonstrate academic progress and financial need and who meet the relevant professional and institutional requirements.

The qualification must be accredited by the South African Council for the Property Valuers Profession (SACPVP). Applications are considered through a branch review and recommendation process, followed by consideration by the relevant education committee.

Fields of Study

Applicants must be studying towards a qualification in property valuation.

The qualification must be offered by a recognised tertiary institution and meet the accreditation requirements of the South African Council for the Property Valuers Profession (SACPVP).

Students pursuing postgraduate studies in property valuation may also apply, subject to the applicable bursary requirements.

Eligibility Requirements

Applicants must meet the following general conditions:

• Be a South African citizen.
• Be registered at a recognised tertiary institution whose property valuation qualification meets the applicable SACPVP accreditation requirements.
• Be studying towards a property valuation qualification.
• Have successfully completed the first year of study and be entering the second year. First-year subjects passed must be valuation-related.
• Postgraduate students may also apply, subject to the programme requirements.
• Be a member of the South African Institute of Valuers.
• Not be receiving another study allowance, grant, donation or bursary.
• Demonstrate a need for financial assistance.
• Provide the amount of bursary funding required.
• Submit the required academic records and supporting documentation.

Important: Applicants should confirm the applicable membership, accreditation and study requirements with the bursary administrator before applying.

Required Documents

Applicants must submit the completed application form with the supporting documents required for assessment.

The following documents are specified in the bursary requirements:

• Certified copy of the applicant's South African identity document.
• Certified copy of the matric certificate.
• Proof of registration at the tertiary institution.
• An account or fee statement for the subjects in which the applicant is enrolled.
• Candidate Valuer registration certificate, if applicable.
• Academic transcript, results or academic progress report for the previous year.
• A list of subjects that will remain outstanding after completion of the current academic year.
• An initial quotation from the accredited tertiary institution.
• The amount of bursary funding being requested.

Applicants should check the official application form for any additional supporting documents and ensure that all required information is supplied.

Bursary Amount and Payment

The applicant must specify the amount of financial assistance required when submitting the application.

The bursary amount is subject to approval by the relevant education committee and the availability of funds.

Once the bursary has been approved, payment is made directly to the tertiary institution for credit to the student's account. Payment is subject to receipt of the institution's final account and fulfilment of the applicable approval conditions.

Note: The bursary amount is not fixed in the information provided. Applicants should confirm the amount they may request and the funding available for the relevant academic year.

Application Procedure

Applications must follow the prescribed branch and education committee process.

1. Complete the application form: Provide the required personal, academic and financial information.
2. Attach supporting documents: Include academic results, proof of registration, the institution's fee quotation and all other required documents.
3. Submit the application: Submit the completed application to the relevant Branch Executive for consideration and recommendation, following the prescribed submission procedure.
4. Branch assessment: The branch reviews the application, academic performance and general suitability of the applicant. The branch may arrange an interview involving the designated representatives.
5. Branch recommendation: Following its review and decision, the branch completes the relevant section of the application form and forwards its recommendation to the General Manager's Office.
6. Education committee consideration: The application is forwarded for consideration by the NATEX Education Committee in accordance with the prescribed process.
7. Conditional approval: Applicants may receive provisional approval during November. Approval is subject to the submission of examination results showing the required pass marks and the availability of funds.
8. Submit examination results: Examination marks must be forwarded through the branch to the NATEX Education Committee by the second Friday of January.
9. Final decision: The NATEX Education Committee aims to finalise applications by the third Friday of January.
10. Payment: Once final approval has been granted, the relevant institution is notified of the approved amount. Payment is made after the institution's final account is received.

Application Deadline

Closing date: 31 October.

Applications must be submitted by the prescribed cut-off date and accompanied by an initial quotation from the accredited tertiary institution.

Applicants should confirm the current application cycle, submission arrangements and any additional deadlines with the bursary administrator before submitting their applications.

Academic Performance and Conditional Approval

Applicants must provide evidence of their academic progress. The branch considers previous results and general academic performance when deciding whether to recommend an application.

Provisional approval is conditional upon the applicant submitting examination results that demonstrate the required pass marks. Approval is also subject to the availability of funds.

Applicants must ensure that their examination results reach the relevant committee within the prescribed January deadline.

Renewal of Funding

Receiving a bursary for one academic year does not guarantee funding for subsequent years. Students who require further assistance must submit a new application and undergo the applicable assessment and approval process.

Important Conditions

• Applicants must satisfy the citizenship, academic, professional membership and financial-need requirements.
• The qualification must meet the applicable SACPVP accreditation requirements.
• The bursary is subject to academic performance and the availability of funds.
• The requested amount must be stated in the application.
• The bursary is paid directly to the tertiary institution rather than directly to the student.
• Applicants must comply with the prescribed application, interview and approval procedures.
• Future funding is not automatic and requires a new application.

Before You Apply

Confirm the current application form, membership requirements, qualification accreditation, submission address and deadline with the relevant bursary administrator. Ensure that your application is complete and that all required academic records and supporting documents are attached.