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Sanlam Announces Actuarial Science Bursaries 2025/26 for South African Students (Fully Funded)

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Mercy Awofiranye
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Apply for the Sanlam Actuarial Bursary 2025 and get full funding, expert mentorship, and a guaranteed job after graduation! Apply below: 

When is the Application Deadline:

The application deadline for the Sanlam Actuarial Bursaries is 30 June 2025.

Tell Me About The Sanlam Actuarial Science Bursaries:

The Sanlam Actuarial Bursary is a prestigious funding opportunity for talented students pursuing Actuarial Science. As a leader in financial services, Sanlam is committed to investing in the next generation of actuaries by providing financial assistance, mentorship, and career development opportunities. This bursary ensures that students can focus on their studies without financial burdens while gaining industry exposure through vacation work and professional networking.

Which Fields are Eligible?

Actuarial Science.

Type:

Bursary

Who can Apply For The Sanlam Actuarial Science Bursaries?

Also, the bursary is open to: 

  • Undergraduate Studies: Current full-time Actuarial Science students (SA citizens) who are in their 1st, 2nd or 3rd year of studies. If you demonstrate academic ability and a will to succeed, then you are just who we’re looking for.
  • School leaving learners who intend to study Actuarial Science in 2026: If you are a whiz at maths, enjoy a good challenge by solving difficult problems and are willing to remain focused and disciplined through years of studying and training, then you are just who we’re looking for.

Required Documents:

Applicants are also to submit the following:

Undergraduate Studies

  • Academic results:
    • Full academic Transcripts
    • Proof of registration and/or Fee Statement
    • Copy of matric certificate
  • Copy of ID
  • Comprehensive CV focusing on Academics, Extra-mural activities, and Leadership skills
  • A motivation to support your application that answers the following questions:
    • In your own words, can you describe what an actuary does?
    • Why do you want to study actuarial science?
    • Why do you believe you have what it takes to become an actuary?
    • Why should Sanlam choose you to be a bursary holder?
    • If you are not successful at becoming an actuary, what other career paths are you considering?

School-leaving learners who intend to study Actuarial Science in 2026

Academic results:

  • Final 2024 Grade 11 results
  • Grade 12 mid-year 2025 results
  • NBT results (only if available) 
  • Final grade 12 results may be used as a determining factor
  • An above 90% score in Mathematics and an overall A aggregate
  • Comprehensive CV focusing on Academics, Extra-mural activities, and Leadership skills
  • A motivation to support your application that answers the following questions:
    • In your own words, can you describe what an actuary does?
    • Why do you want to study actuarial science?
    • Why do you believe you have what it takes to become an actuary?
    • Why should Sanlam choose you to be a bursary holder?
    • If you are not successful at becoming an actuary, what other career paths are you considering?

Which Countries Are Eligible?

South Africa 

Where will the Award be Taken?

South Africa 

How Many Awards?

Not specified

What is the Benefit of the Sanlam Actuarial Science Bursaries?

Additionally, the benefits include:

  • Tuition and accommodation fees
  • General allowance (Books and pocket money)
  • Mentoring and academic support from Sanlam actuarial professionals
  • Vacation work and networking opportunities with Sanlam staff
  • Guaranteed employment after completion of studies
  • Continued support and payment towards actuarial board exams  
  • Range of work rotation opportunities across a broad spectrum of disciplines

How Long Will the Award Last?

Duration of study 

How to Apply:

All applications need to be completed online. No applications will be accepted via email or after the closing date. 

Visit the official application webpage to begin.

Author

  • Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.

This post was last modified on February 9, 2025 3:23 pm

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