Are you a top performing South African student who dreams of becoming an Actuary? The Sanlam Bursary is SA’s prestigious bursary programmes offered by a leading company in the financial services sector. It targets students who want to study Actuarial Science and are in 1st, 2nd or 3rd year of studies in 2026. It caters for both citizens and non-citizens of South Africa.
About Sanlam
Over and above financial support, recipients of this bursary receive hands-on mentorship, and guaranteed career opportunities. Sanlam was founded in 1918 as a mutual assurance society by a group of Afrikaans-speaking farmers. The company quickly grew and became a major provider of life insurance to South Africans. In the 1990s, Sanlam began to expand into other financial services and established a presence in other African countries. In 2002, Sanlam demutualized and listed on the Johannesburg Stock Exchange.
Fields of Study Covered by the Sanlam Bursary
The bursary is available for studies in the following field:
- Actuarial Science
Eligibility Criteria – Who Can Apply?
Applicants who wish to be considered for this bursary must satisfy the following minimum entry criteria before submitting their application:
- You must be a South African citizen or permanent resident
- You must be accepted to study at a recognised university in South Africa
- You must be studying full time towards a BSc in Actuarial Science or BCom in Actuarial Science
- You must be entering the 1st, 2nd or 3rd year of undergraduate studies in 2026
- You must have achieved a minimum of 80% for Mathematics in Matric (or most recent academic results)
- You must have achieved a minimum of 70% for English in Matric (or most recent academic results)
- Preference will be given to students from disadvantaged backgrounds
Sanlam Bursary Expenses Coverage
The bursary will provide cover for the following expenses:
- Registration fees
- Tuition fees
- Accommodation in university residence
- Meals
- Study materials/ books
- Travel allowance
- Monthly living allowance
How To Apply?
Apply online via Sanlam Bursary Application 2025 official page.
Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are not included, your application may be disqualified):
- ID document (certified copy)
- Matric certificate (certified copy)
- Full academic record to date (certified copy)
- Motivational letter (1 page)
- Proof of household income (payslips if employed/ affidavit if unemployed – certified copy)
- Proof of acceptance or provisional acceptance at University (on institutions letterhead)
Closing Date
30 September 2025.
Bursary Contact Information
You may use the following contact details in the even that you have a query about the Sanlam Bursary programme.
- Tel: 021 916 3000 Email: ActuarialBursaries@sanlam.co.za
Please do not contact Sanlam if this bursary has already closed.
See other Accounting Bursaries available in South Africa for 2026 academic year.