Grant Schemes for Programmes at EQF/MQF levels 5 and 6 in Digital Media and Financial Services
Training Subsidy Scheme (Academic) is aimed to provide financial assistance in the form of a training grant payable to individuals who are either job seekers or employed and are interested in obtaining a Higher Education qualification at EQF/MQF level 5 and level 6 in an area related to Digital Media or Financial Services.
Over the last decade, Malta has witnessed significant overall expansion in the higher education sector. In a knowledge-based economy, it is imperative to have a strong base of qualified individuals especially in Digital Media and in the Financial Sector where the island is experiencing an increase in investment and growth in jobs.
Aims and Objectives
The objectives of this new initiative are to:
• assist job seekers and those in employment to pursue further education and training in programmes related to either Digital Media or Financial services provided both locally and internationally;
• encourage and promote more participation in programmes where there is a high demand by employers;
• improve the quality and relevance of the education system by increasing the variety of programmes on offer that lead to qualifications that are sought by employers operating in the sector;
• reduce skills mismatches particularly within higher value added and expanding economic sectors such as Digital Media and Financial Services sectors.
Training Grant
If selected, the sum payable to the individual applying for TSS (Academic) will cover the tuition fees, capped as follows:
• Programmes at EQF/MQF level 5 up to a total of Euro 12,000
• Programmes at EQF/MQF level 6 up to a total of Euro 18,000
The grant amount will be based on the amount indicated in the Unconditional Letter of Acceptance or on the official receipt of payment issued by the licensed tuition centre or the recognised Higher Education Institution where the Beneficiary will be furthering his/her studies.
Applications are to be submitted personally, by hand, at the TSS Unit of the Employment and Training Corporation, Hal Far, between the 3rd. October 2011 and the 14th. October 2011 between 08:00hrs. and 14:00hrs.
Further details can be found in the downloadable TSSA Scheme Guidelines.