Sanlam Actuarial Bursary
Sanlam
The Sanlam Actuarial Bursary funds full-time Actuarial Science students in South Africa, with continuous support through professional actuarial board exams, vacation work at Sanlam, and mentoring from practising actuaries.
- Amount
- Full tuition + accommodation + book allowance + pocket money
- Deadline
- 30 June 2026
- Duration
- Full degree duration (subject to performance)
- Renewable
- Yes
Eligible Fields of Study
Sanlam supports students in the following disciplines
Eligibility Requirements
- ✓ South African citizen
- ✓ Currently in Matric (2026) intending to study Actuarial Science in 2027, OR in 1st, 2nd or 3rd year of an Actuarial Science degree
- ✓ Matric applicants: minimum 90% for Mathematics and an overall A symbol average
- ✓ Current undergraduate students: demonstrated academic ability and consistent strong performance
- ✓ Demonstrated willingness to succeed in actuarial career
- ✓ Studying full-time at a recognised South African university
What's Included
- ✓ Full university tuition fees
- ✓ Accommodation
- ✓ Book allowance
- ✓ Monthly pocket money
- ✓ Payment toward actuarial board exams
- ✓ Vacation work at Sanlam
- ✓ Mentoring from practising actuaries at Sanlam
- ✓ Academic support throughout your studies
How to Apply
Steps to complete your Sanlam bursary application
- 1
Visit the Sanlam careers portal Actuarial Bursaries page
- 2
Complete the online application before 30 June 2026
- 3
Upload full academic transcripts, proof of registration / fee statement, and matric certificate
- 4
Write a motivation letter answering: what an actuary does, why you want to study actuarial science, why you'd succeed as an actuary, and why Sanlam should select you
- 5
Submit and wait for shortlisting
- 6
Attend interview if invited
Required Documents
- 📄 Certified ID copy
- 📄 Full academic transcripts
- 📄 Proof of registration or fee statement
- 📄 Matric certificate (or latest Grade 11/12 results)
- 📄 Motivation letter
- 📄 CV
Frequently Asked Questions
- What grades do I need for the Sanlam Actuarial Bursary?
- Matric applicants need at least 90% in Mathematics (not Maths Literacy) and an overall A-symbol average. Current undergraduate Actuarial Science students need consistent strong performance.
- When is the Sanlam bursary deadline?
- The Sanlam Actuarial Bursary closes on 30 June each year. Applications are only accepted online through the Sanlam careers portal.
- What does the Sanlam Actuarial Bursary include beyond tuition?
- Accommodation, book allowance, monthly pocket money, payment toward professional actuarial board exams, vacation work at Sanlam, and mentoring from practising actuaries - making it one of the most comprehensive actuarial bursaries in South Africa.
- Who can I contact about the Sanlam bursary?
- Email [email protected] for queries about the Sanlam Actuarial Bursary Programme.
Ready to apply?
Applications close on 30 June 2026
Apply on Sanlam's official siteNeed help? Contact Sanlam:
Email: [email protected]
Information verified 2026-05-14. Always confirm details on the funder's official website before applying.
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