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​FASSET SEAT partners with UJ in assisting the Missing Middle

The Finance and Accounting Services Sector Education and Training Authority (FASSET) introduced the FASSET Bursary Scheme for the first time in 2016 aimed at assisting the "Missing Middle", the category of learners who are above the salary threshold to qualify for NSFAS support but are unfortunately not eligible to qualify for bank loans to fund tertiary studies. To this end, FASSET joined forces with institutions such as the University of Johannesburg (UJ) to ensure that these learners are given the opportunity to obtain formal qualifications.

Miss Lesego Lebuso, Acting Chief Executive Officer at FASSET, confirms that the scheme was founded to give candidates a helping hand in achieving their learning and development goals whilst facilitating the development of skills needed by the finance and accounting services sector. Miss Lebo Lebuso says "The FASSET Bursary Scheme aims to assist with addressing the national crisis highlighted by the #FeesMustFall movement, where the legacy of suppression has left a pool of youth, desperate for education, but unable to fund their needs. FASSET welcomes the opportunity to support the learners by providing comprehensive funding for tuition, accommodation, academic support courses, living allowance as well as coaching and mentorship, all of which is designed to support the learner fully and provides an enabling environment for the learner to successfully complete their studies."

Although it is in its initial phase, great success has already been witnessed at UJ and other institutions where a number of otherwise unfunded learners are receiving much-needed support.