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
- Closed 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.
2027 applications have closed
The 2027 application window closed on 30 June 2026.
Check Sanlam's official site for the next application window.
Still need funding for 2027? See bursaries that are still open.
Check 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.
Other Finance & Banking bursaries
More funding opportunities in this field
STANLIB-ABSIP Bursary Fund
STANLIB (administered by the Association of Black Securities and Investment Professionals - ABSIP)
The STANLIB-ABSIP Bursary Fund is a comprehensive, fully-funded undergraduate bursary for talented black South African students pursuing an Investment Management or financial services career. Funded by STANLIB and administered by ABSIP, it targets high-achieving students from historically disadvantaged backgrounds studying commerce, economics, finance and related degrees at participating South African universities.
View details →BANKSETA Higher Education Funding Window (Bursary Programme)
BANKSETA (Banking Sector Education and Training Authority)
The BANKSETA Higher Education Funding Window is the SETA's annual bursary programme for unemployed South African students at public universities and universities of technology studying qualifications aligned to the banking and finance sector. Funding is capped at R120,000 per learner per year, covering tuition, study material, accommodation and living allowances. Applications are submitted by the institution on behalf of students through the BANKSETA MIS/SIMS portal, so students should approach their university financial aid or bursary office to be included in the submission.
View details →INSETA Insurance Sector Student Fund (ISSF) Bursary
INSETA (Insurance Sector Education and Training Authority)
The INSETA Insurance Sector Student Fund (ISSF) Bursary is a co-funded programme administered directly by INSETA, the SETA for the insurance sector, supporting students pursuing qualifications across the insurance and financial services value chain. For unemployed students it covers full tuition fees, study materials, accredited accommodation and meals, a laptop and a monthly allowance, while employed students receive tuition and book allowances on a sliding scale based on income. It prioritises academically capable youth from financially disadvantaged and previously disadvantaged backgrounds at public universities, universities of technology and TVET colleges.
View details →