Finance & Banking

Santam Bursary Programme (Short-Term Insurance Industry)

Santam Ltd (administered by StudyTrust)

The Santam Bursary Programme funds South African undergraduate, Honours and Postgraduate Diploma students pursuing careers in the short-term insurance industry across fields such as actuarial science, data analytics, engineering, finance and agriculture. Run through Santam's Skills Development Academy and administered by StudyTrust, it offers comprehensive funding aimed at developing future relationship managers and underwriters. Applications are submitted online via the StudyTrust portal between June and September each year.

Amount
Comprehensive bursary covering full study costs subject to caps (no single fixed figure published)
Deadline
Closed 30 September 2026
Renewable
Yes

Eligible Fields of Study

Santam Ltd (administered by StudyTrust) supports students in the following disciplines

Actuarial Science
Data Analytics / Data Science / Statistics
Agriculture (crop production focus preferred)
Civil Engineering
Geomatics
Mechanical Engineering
Construction
Insurance / Technical Accounting
Economics
Finance
Mathematics
Risk Management

Eligibility Requirements

  • ✓ South African citizen
  • ✓ Second, third or final year undergraduate, Honours, or Postgraduate Diploma student
  • ✓ Minimum academic average of 65% (undergraduate degree and latest/mid-year examinations)
  • ✓ Demonstrate financial need
  • ✓ Registered (or accepted for registration) full-time at a recognised South African university
  • ✓ Demonstrated motivation for a career in the short-term insurance industry
  • ✓ Agricultural applicants must meet specific additional criteria (crop production focus preferred)

What's Included

  • ✓ Tuition and registration fees
  • ✓ Accommodation (including deposit and admin fees)
  • ✓ Learning materials (books and e-manuals)
  • ✓ Laptop support
  • ✓ Monthly allowance
  • ✓ Travel/transport allowance

Work Commitment

Recipients are developed through Santam's Skills Development Academy as future relationship managers and underwriters for the short-term insurance industry.

How to Apply

Steps to complete your Santam Ltd (administered by StudyTrust) bursary application

  1. 1

    Visit the StudyTrust Santam bursary page at studytrust.org.za/santam/

  2. 2

    Create an account and complete the online application on the StudyTrust portal (studytrust.kycdd.co.za) during the June to September window

  3. 3

    Select your field of study and confirm you meet the minimum 65% average requirement

  4. 4

    Upload all supporting documents

  5. 5

    Submit before the closing date of 30 September

  6. 6

    Wait for shortlisting, assessment and interviews if selected

Required Documents

  • 📄 Certified copy of South African ID
  • 📄 Latest full academic transcript / mid-year results
  • 📄 Proof of registration or acceptance at a recognised South African university
  • 📄 Proof of household income (for financial need assessment)
  • 📄 Curriculum vitae (CV)
  • 📄 Motivation letter explaining your interest in the short-term insurance industry

Frequently Asked Questions

Who qualifies for the Santam Bursary Programme?
South African citizens who are second, third or final year undergraduates, Honours students, or Postgraduate Diploma students with a minimum academic average of 65% and a genuine interest in a career in the short-term insurance industry. Applicants must study one of the supported fields, such as actuarial science, data analytics, engineering, agriculture, finance or risk management.
What does the Santam bursary cover?
It is a comprehensive bursary covering tuition and registration fees, accommodation (including deposit and admin fees), learning materials (books and e-manuals), laptop support, a monthly allowance and a travel/transport allowance, subject to caps. No single fixed rand figure is published.
When is the Santam bursary deadline?
The application window runs from 1 June to 30 September each year. The round for 2027 study closed on 30 September 2026, and StudyTrust listed it as 'Now closed for 2027' on 12 October 2026. Applications are submitted online through the StudyTrust portal.
How do I apply for the Santam Bursary?
Apply online via StudyTrust at studytrust.org.za/santam/, which links to the StudyTrust application workflow. StudyTrust administers the programme on behalf of Santam Ltd through Santam's Skills Development Academy. Email [email protected] for queries.

2027 applications have closed

The 2027 application window closed on 30 September 2026.

StudyTrust, which administers this bursary, listed it as 'Now closed for 2027' on 12 October 2026. StudyTrust's application season runs from 1 June to 30 September each year, for funding the following academic year.

Still need funding for 2027? See bursaries that are still open.

Check Santam Ltd (administered by StudyTrust)'s official site

Need help? Contact Santam Ltd (administered by StudyTrust):

Email: [email protected]

Phone: +27 11 403 1632

Information verified 2026-10-12. Always confirm details on the funder's official website before applying.

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