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How much is a seta stipend?

The SETA Learnership Stipend varies depending on several factors, including the industry, the level of the learnership, and the specific SETA managing the program. On average, stipends range from R2,500 to R8,000 per month, but the exact amount depends on the program and sector.

How much is a stipend taxed?

In many cases, stipend recipients are considered self-employed and must pay self-employment tax (15.3%) to cover Social Security and Medicare contributions. This consists of 12.4% for Social Security and 2.9% for Medicare. Half of this tax is deductible on your income tax return.

How much is a seta stipend per month in South Africa?

MICT SETA (Media, Information, and Communication Technologies): Stipends average around R2,500 per month.

How much money is usually in a stipend?

The stipend amount that an individual receives often depends on the task they are assigned or the expense that is being offset. For instance, a company may pay a trainee $450 for a weeks worth of training or a church may pay a clergy member $1,000 for living expenses.

How much is the stipend for the Mictseta?

Learners enrolled in the MICT SETA funded learnership programmes are eligible for a monthly stipend of R2,500.

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