Sanlam Actuarial Bursary
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.
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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