The South African Institute of Valuers (SAIV) is offering a fantastic bursary opportunity for students interested in pursuing a career in property valuation. If you are passionate about property and seeking financial assistance for your studies, the SAIV bursary for 2025 is designed to support your academic journey. This article will provide all the details you need to know to apply.
About the bursary provider – SAIV
The South African Institute of Valuers (SAIV), established in 1909, is the leading society of professional real estate valuers in South Africa. The SAIV is dedicated to serving, advancing, and protecting the valuation profession while also promoting the interests of its members. The institute plays a key role in ensuring that its members uphold the highest ethical standards in the field of property valuation.
About the SAIV bursary programme – Fields covered
The SAIV bursary is available for the 2025 academic year to students studying for a property valuation qualification. The bursary applies to students enrolled in both undergraduate and postgraduate programs. If you are entering your second year of study or are a postgraduate student, you are eligible to apply for this bursary. One important requirement is that applicants must be student members of SAIV, which is free for unemployed full-time students.
Coverage value of the SAIV bursary
The bursary is awarded based on three key factors: academic merit, financial need, and availability of funds. It provides coverage for one academic year at a time, meaning students must reapply each year for continued support.
The bursary covers various academic expenses, but the exact value will depend on the student’s needs and the costs provided by the institution. Payments are made directly to the educational institution, ensuring that funds go towards tuition fees and related expenses. To retain the bursary, students must provide an academic progress report after each exam period. Continued funding is conditional upon satisfactory academic performance.
Eligibility requirements for the SAIV bursary
To be considered for the SAIV bursary, students must meet the following requirements:
- Must be a South African citizen.
- Must be studying towards a property valuation qualification.
- Must have successfully completed the first year of study.
- Must be entering the second year of study in 2025 (postgraduate students are also eligible to apply).
- Must have completed valuation-related subjects in the first year.
- Must be studying at a tertiary institution accredited by the South African Council for the Property Valuers Profession.
- Must be a student member of SAIV (unemployed full-time students are eligible for free membership).
- Must not be receiving any other bursary, grant, study allowance, or donation.
- Must demonstrate financial need.
How to apply for the SAIV bursary
If you meet the eligibility criteria, here are the steps to apply for the SAIV bursary:
- Download the SAIV Bursary Application Form 2025.
- Fill out the application form completely and accurately.
Submit the completed form along with the required supporting documents:
- Certified copy of your ID document.
- Certified copy of your matric certificate.
- Proof of registration at a tertiary institution (on the institution’s letterhead).
- Your 2023 academic progress report/results (on the institution’s letterhead).
- A list of outstanding subjects for the 2024 academic year (on the institution’s letterhead).
- Account of outstanding fees for enrolled subjects (on the institution’s letterhead).
- Candidate Valuer registration certificate (if applicable).
Submit your application and documents via email to gmassist@saiv.org.za, and ensure the email subject line is labeled “SAIV Bursary Application”.
Selection process for the SAIV bursary
Once applications are submitted, the selection process involves several steps:
- The General Manager’s Office submits applications to Branch Executive Members for review.
- Shortlisted applicants will be contacted for an interview with the Chairman, Vice-Chairman, and other key committee members.
- After interviews, the Branch Executive Members decide on successful applicants, and the final approval is given by the NATEX Education Committee in November 2024.
- Provisional approval is provided to applicants, subject to the submission of exam results and the availability of funds.
- Final applicants are selected by January 2025, after which a formal letter is sent to the tertiary institution, confirming the bursary and its value.
Tip: CRET Bursary Programme 2025
Closing date for the SAIV bursary
The closing date for applications is 31 October 2024. Late submissions will not be considered, so applicants are encouraged to submit their applications well before the deadline to avoid disappointment.
Contact the bursary provider
For any queries regarding the SAIV bursary programme, you can reach out to 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
Related: How to Apply for NSFAS Funding for 2025
The SAIV bursary for 2025 is a valuable opportunity for students who are passionate about property valuation and require financial assistance to continue their studies. By offering support to deserving students, the SAIV plays a key role in developing the next generation of property valuers in South Africa. If you meet the eligibility criteria, be sure to apply before the 31 October 2024 deadline. This bursary could be the key to unlocking your future career in property valuation. Good luck to all applicants!
