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Fasset Update July 2012. Changes to the Fasset Environment Fasset Update July 2012.

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Presentation on theme: "Fasset Update July 2012. Changes to the Fasset Environment Fasset Update July 2012."— Presentation transcript:

1 Fasset Update July 2012

2 Changes to the Fasset Environment Fasset Update July 2012

3 Fasset Update July 2012 Funding Regulations The Minister of Higher Education and Training, intends to repeal SETA Grant Regulations regarding monies received by a SETA and related matters and replace them with a new set of regulations, including: Pivotal Grant Reduced discretionary spend More detailed information requested on grant application form Timing for implementation has not been specified and Fasset will continue as usual

4 Fasset Update July 2012 Minister’s Imperatives The roll out of NSDS III. Strong focus on Formal Education and Pivotal Programmes Encouraging SETAs to work closely with FETs and Universities The National Student Financial Aid Scheme (NSFAS) will assist unemployed learners with post school training

5 Fasset Update July 2012 Fasset’s Strategic Shift Fasset has always had a drive towards transformation and Pivotal Programmes and will align the strategic goals to the DHET imperatives through: Pivotal Programmes Learnership Cash Grant (LCG) Strategic Cash Grant (SCG) Small Medium and Micro Enterprises (SMME) Grant Development Projects Transformation (Learners funded on Pivotal Programmes) Black African learners Black African learners with a disability

6 Fasset Initiatives Fasset Update July 2012

7 Fasset Update July 2012 What’s New at Fasset? Fasset will be launching some new and exciting initiatives: NSFAS Grant Employed learner or an employer representative. Black African Learners will be relieved of the financial burden of this loan Internship Programme Accreditation Internships that fall into the graduate work-based category. New Website Improved navigation

8 Fasset Update July 2012 Grant Deadlines Grant Implementation Year 2012 (Jan to Dec) Strategic Cash Grant (SCG)15 February 2013 Small Medium and Micro Enterprises (SMME) Grant 15 February 2013 Learnership Cash Grant (LCG) – Entry15 February 2013 Learnership Cash Grant (LCG) – Exit15 February 2013 Assessor and Moderator Grant (AMG)15 February 2013 National Student Financial Aid Scheme (NSFAS) Grant 15 February 2013 Mandatory Grant (MG)30 June 2013

9 Fasset Update July 2012 Development Projects 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 Look out for the tender for new Development Projects

10 Fasset Update July 2012 Lifelong Learning Calendar MonthTopicsTarget Occupations July 2012 Corporate Social Responsibility Human Resource (HR) (Skills Development Facilitators (SDFs)) August 2012Business WritingSoft Skills (Learners) September 2012Risk and Ethics Leadership and Management (Middle and Senior Managers) October 2012 Compliance with Changes in Legislation 2012 Legislative (All) October 2012SDF TrainingHR (SDFs, HR Professionals) November 2012 Management and Leadership HR Professionals (SDFs) February 2013 Survive and Thrive in the New World of Work Soft Skills (Learners) March 2013Budget & Tax Update 2013Legislative (All) This calendar is subject to change

11 Fasset Update July 2012 Career Guidance Fasset has an intensive National Career Guidance campaign in line with NSDS III and makes use of the following platforms: Fasset Brand Ambassadors: currently running in 9 institutions (FETs and Universities) Print and online advertising Exhibitions Print and digital motivational material Social media Partnerships

12 Fasset Update July 2012 Best Practice Awards Employers who engage in skills development best practice for their staff and their organisation. The categories are as follows: Large employer (150 or more employees) Medium employer (50-149 employees) Small employer (less than 50 employees) Non-levy paying (NLP) employer Deadline has been extended to 31 July 2012

13 Fasset Update July 2012 Research Sector Survey: EE Research Focus Currently in the field Employer participation in crucial Other surveys: Learner costs survey Customer satisfaction survey Fasset will also be conducting research for the annual Grant Analysis and the Sector Skills Plan.

14 Thank You For more information please contact the Fasset Call Centre on 086 101 0001 or visit www.fasset.org.za Fasset Update July 2012


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