42765VC_employee_handbook_update_2018_r2

EDUCATION ASSISTANCE
ALL ABOARD THE EDUTRAIN!
Development of our staff is high on our
priority agenda. There are internal and
external opportunities for personal
development and to further your education
through recognised learning institutions. It
is also important to note that employees
should intend to study in a field and/or
discipline that would enhance their career
path at The IIE’s Varsity College.
Who gets education assistance?
BURSARIES:
For internal studies within ADvTECH’s
educational brands it would be:
• The IIE’s Varsity College employees:
for non-work related studies. A 67%
bursary is awarded to permanent staff of
Varsity College that study at Varsity
College or any of the other ADvTECH
tertiary brands.
• Family of The IIE’s Varsity College
employees are defined as immediate
members of the employee’s family (i.e.
spouse, children, siblings, parents and
grandchildren). Only one family member
per employee may study at any given
time in any given year. A 67% bursary is
awarded to a family member of an
employee who wishes to study at The
IIE’s Varsity College or any of the other
ADvTECH Tertiary Brands.
• If a family member is attending school at
any of the ADvTECH schools, they can
apply for a maximum of a 10% bursary.
STAFF TRAINING:
For internal and external studies
e.g UNISA:
• The IIE’s Varsity College employees: for
work related studies staff can apply for
study assistance. The amount awarded is
dependent on the budget and the policy
criteria being met.
How do I apply?
You need to complete a P33T (Application
for Study Assistance and Acknowledgement
of Debt). The following supporting
documentation needs to be submitted with
the P33T:
• Examination results of the previous
year/period if you have already
received The IIE’s Varsity College
education assistance.
• A pro-forma invoice of the tuition costs
– most institutions will supply you with
this on request.
• Should you be applying for a bursary for
a family member, then a copy of their ID
must be attached to the application.
What are the conditions attached
to education assistance?
These are:
• Approval for bursaries/staff training is
budget dependent.
• Should you have less than six (6)
months service, you cannot apply for
education assistance.
• Tuition payments will always be paid to
the selected institution and not to you.
• The education assistance will only
include the cost of tuition and not the
cost of textbooks, study material,
registration fees, external and
supplementary fees.
• Internal study will be subject to space
availability and relevance to operational
requirements.
• A 67% bursary is awarded to permanent
staff of The IIE’s Varsity College that
study at Varsity College or any of the
other ADvTECH tertiary brands.
• A 67% bursary is awarded to family of
The IIE’s Varsity College staff that study
at The IIE’s Varsity College or any of the
other ADvTECH tertiary brands.
• All applications will be considered on
their individual merits.
• Approval for further years of study are
dependent on previous results; so for
example, if you are studying a three (3)
year degree and you fail some or all of
your 1st year modules then you will be
declined for further study assistance and
you may be required to pay back some,
or all, of the study assistance provided.
• You are not required to pay back The
IIE’s Varsity College for your studies, but
you will be required to work back the
education assistance in the
following manner:
o Courses that run to a maximum of six
(6) months – you will need to work
for six (6) months, after completion
of the course.
o Courses that run over six (6) months
to a maximum of twelve (12) months
– you will need to work for twelve
(12) months starting after the
completion of the course.
o Should you terminate your
employment for whatsoever reason
before completing the required “work
back” period; you will become liable
for the pro-rata cost of the course.