The stipend paid to BANKSETA learnerships interns varies depending on the specific learnership program and the level of qualification of the learner. The stipend is intended to cover the learners’ living expenses while they are participating in the program, and is not meant to be a salary.
As of my knowledge cutoff in September 2021, the stipend amounts for BANKSETA learnerships ranged from R3,500 to R7,500 per month. However, it is important to note that these amounts may have changed since then and can vary based on the program and the duration of the learnership.
It is also important to remember that the primary goal of a learnership is to provide practical work experience and skills development, rather than financial compensation. Nonetheless, the stipend provided by BANKSETA can be a helpful support for learners who may be struggling financially during the program.