The Sasria Bursary is offered by Sasria SOC Ltd which is a South African state-owned enterprise specializing in non-life insurance. It covers risk emanating from politically motivated actions, riots, terrorism, and public disorders.
Since its establishment 40 years ago, this SOC continues to invested in youth talent by offering bursaries to cover expenses like tuition, books, accommodation and more. The objective is to develop professionals who can contribute to the company’s vision South Africa’s development.
Lack of skills resulting from reduced investment in tertiary education continues to impact South Africa’s agenda of growing the economy. Bursaries offered by government agencies and State Owned Entities like Sasria, encourage the private sector to do the same. Initiatives like NSFAS bursaries demonstrate government’s committed to skills development in South Africa.
Applicants for the Sasria bursary must have a total household income of LESS than R600 000 per year. This article will explore the benefits of Sasria bursary and provide a guide to help interested students who wish to apply for funding.
[ez-toc]What Is Sasria Bursary?
This is a financial scheme designed to support undergraduate students with fees to cover expenses related to teriarty studies. Applicants must meet eligibility requirements and be pursuing qualification selected by Sasria. Studies must be undertaken in institutions of higher learning within the boarders of South Africa.
The main focus in to develop careers aligned to the nature of Sasria business, these include accounting, risk management, finance and more. All these are discussed in details below under the fields of study section.
Sasria Bursary Fields of Study
Interested students must apply for funding for 2025 academic year, and be enrolled or intending to enroll in one of the following fields of study:
- Risk Management
- Finance
- Information Technology
- Insurance
- Statistics
- Accounting
- Computer Science
- Economics
- Mathematics
Sasria Bursary Eligibility Requirements
- Applicants must intend on enrolling full-time as undergraduate
- Applicants must undertake a degree within one of the selected study fields
- Applicants must be a South African citizens
- The age requirement is between 16 and 20 years old
- Applicants must have completed Matric or presently in Matric in 2024
- Applicants must be first year students in a bachelor’s degree study in 2025
- Applicants with Mathematics Literacy will not be considered
- Applicants must have achieved a minimum overall average of 70% in Matric (those already completed)
What Does The Sasria Bursary Cover?
This covers expenses incurred during studies which include tuition, study materials, textbooks, food and accommodation. The bursary details are subject to change so students must confirm this via Sasria’s official bursary page.
Step-By-Step Guide To Apply for Sasria Bursary
Applying for the Sasria Bursary involves a few straightforward steps to ensure your application is complete and stands out. Follow this guide to increase your chances of success:
Step 1 – Confirm Eligibility Requirements
Firstly, you need to satisfy yourself that you meet all application requirements for the Sasria bursary.
Step 2 – Prepare All Required Documents
Make sure that you have all required documents and that they are certified. All certification dates must not be older than 3 months. Take a look at the list of required document provided below.
Step 3 – Visit Sasria’s Official Application Page
Sasria bursary application must be completed online via Sasria Bursary Application 2025 dedicated online page. Complete all sections as required
Step 4 – Attach Required Document
Upload these supporting documents in your application:
- A certified copy of your ID
- Your Matric certificate or latest results
- Proof of household income (e.g., payslips or affidavits)
- Proof of acceptance or application to a university
- A personal statement or motivation letter explaining why you should receive the bursary.
Step 5 – Submit Your Application
Make sure that you submit your application before the closing date on 3 January 2025.
Closing Date for the Sasria Bursary
3 January 2025
(Applications received after the closing date will not be considered.)
Bursary Provider’s Contact Details
- Phone number: 011 214 0800
- Email address: contactus@sasria.co.za
Need Help Applying for the Sasria Bursary?
Send us a WhatsApp message for personalized guidance and quick answers to your questions! Click Here to Chat with Us
Grads24 helping you find a bursary that matches your financial & academic needs! This article was last updated in December 2024.
Explore More Funding Opportunities Beyond Sasria Bursary:
Check out our list below arranged by fields of study. Additionally, you can explore bursaries tailored to your specific academic or career goals.
About the Author:
Mr. Percy Mncwango is a seasoned education writer with over 10 years of experience in creating high-ranking articles that provide valuable guidance for students seeking university funding. As a graduate of the University of Cape Town Business School, Percy combines deep knowledge and personal experience to help students succeed. He has received bursaries from Nampak, Telkom, and the Institute of Directors of South Africa (IoD). Percy’s educational background, which includes Richtec TVET, Mangosuthu University of Technology, and UCT GSB, equips him with a unique perspective that enriches his SEO-optimized content and resonates with aspiring scholars.