Sanlam Bursary South Africa 2025

Sanlam, a well-known financial services group in South Africa, is offering a Sanlam bursary for the 2025 academic year, giving students a chance to further their studies. If you are aiming for a degree in actuarial science, this bursary is designed to provide the financial support you need to focus on your education. It covers studies-related costs, so you can concentrate on pursuing your education without financial burden.

In this guide, I will walk you through the Sanlam bursary, helping you become aware of everything you need to know about the program, including its qualification criteria, expenses covered, and the application process. Therefore, continue reading to gain a comprehensive understanding of Sanlam Bursary South Africa 2025.

Overview of Sanlam

Originally established in 1918 as a life insurance company, Sanlam has since evolved into a diversified financial services provider with a strong local and international presence. Through its business clusters – Sanlam Investments, Sanlam Emerging Markets, Sanlam Corporate, Sanlam Personal Finance, and Santam — the group offers a wide range of financial solutions to both individual and institutional clients across all market segments. With around 18,000 employees and serving more than 10 million clients, Sanlam is listed on both the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSE).

Sanlam Bursary South Africa 2025

The Sanlam Bursary is a financial support designed to assist South African students in achieving their higher educational goals. This bursary is aimed at students pursuing a degree in actuarial science, providing financial support to help them complete their studies. Sanlam Bursary South Africa 2025 details are described below:

What Does Sanlam Bursary South Africa 2025 Cover?

Bursaries will be granted for undergraduate studies, specifically for Actuarial Science qualification. The bursary will include coverage for tuition fees, accommodation, book allowance, travel expenses, and pocket money. In addition to these perks, the following benefits are also provided to bursary recipients:

• Ongoing support and funding for actuarial board exam.
• Opportunities for vacation work and networking with Sanlam employees.
• Guidance and academic assistance from actuarial professionals at Sanlam.
• Employment is guaranteed upon graduation.
• Opportunities for rotation across a wide range of disciplines.

What are the Eligibility Requirements For the Sanlam Bursary?

Applicants must fulfill the following minimum criteria before submitting their application. Keep in mind that not meeting all the requirements will lead to your application not being considered. The following are the qualification requirements for Sanlam Bursary:

• Applicants can either be South African citizens or non-South African citizens.
• You must either be in Matric and planning to study full-time towards an Actuarial Science qualification in 2024, or already enrolled full-time in an Actuarial Science qualification (in your 1st, 2nd, or 3rd year of study).
• Undergraduate students must show strong academic performance and a determination to succeed.
• Matric students must have obtained at least 90% in Mathematics and an overall A average (final Matric results may be considered as a determining factor).
• Matric students must possess strong mathematical skills, the ability to solve complex problems, and a commitment to staying focused and disciplined throughout their studies and training.
• Candidates from designated groups (African, Colored, and Indian South Africans) and non-South African citizens will be prioritized based on merit.

Sanlam Bursary South Africa 2025: Application Process

Sanlam bursary can be submitted online from the comfort of your home. Follow the following step-by-step instructions to apply for the Sanlam Bursary:

• Firstly, open the Sanlam official website on your device. Through this website, you can complete the application process and fill out the form.
• In addition to the application form, upload the relevant documents listed below: Current Undergraduate Students:
  • A copy of your ID document, passport, or valid study visa.
  • Complete academic transcript (issued on the institution’s letterhead).
  • Proof of registration and/or fee statement (printed on the institution’s letterhead).
  • A copy of your Matric certificate.
  • A detailed Curriculum Vitae highlighting your academics, extracurricular activities, and leadership skills.
  • A cover/motivational letter to accompany your application, answering questions: explain the role of an actuary, why you want to study actuarial science, why you believe you can become an actuary, why Sanlam should award you the bursary, and your alternative career path of you do not become an actuary).
• Current Matric Applicants:
  • A copy of your Grade 11 final results.
  • A copy of your Matric mid-year results.
  • A copy of your NBT result.
  • A detailed curriculum Vitae (CV) emphasizing your academics, extracurricular activities, and leadership abilities.
  • A cover/motivational letter to accompany your application, answering questions: explain the role of an actuary, why you want to study actuarial science, why you believe you can become an actuary, why Sanlam should award you the bursary, and your alternative career path of you do not become an actuary).

Closing Date: 30 June 2024

Contact Details

If you have any questions regarding the bursary, you can communicate with Sanlam. You can use the following mean:

Email Address: [email protected].

Wrap Up

In conclusion, Sanlam Bursary is your perfect chance to grab the financial support for your educational needs. You can apply for the bursary through the Sanlam website, where you will find detailed instructions and necessary application forms. Ensure to apply before the due date or your application will not be considered.