Santam Bursary South Africa 2025

Santam, in partnership with StudyTrust, is offering bursaries to support students pursuing careers in the short-term insurance industry. If you will be entering your second, third, or final year of undergraduate studies, or if you are an Honors student in 2025, you are welcome to apply. Santam Bursary supports students in relevant field study programs by covering financial costs and helping them reach their academic and career goals.

This guide will walk you through the Santam Bursary, covering its eligibility criteria, fields, covered, and the application process. Therefore, keep reading to enlighten yourself.

Overview of Santam

Santam is a top general insurer and a major player in South Africa’s financial service scenes. The company caters to over 1 million policyholders in South Africa and internationally, offering a variety of general insurance products and services for individuals, businesses, and institutions. Santam reaches customers in South Africa, Namibia, and other emerging markets through intermediaries direct channels, and partnerships.

Santam Bursary South Africa 2025

Santam offers financial assistance in the form of bursaries to eligible South African students pursuing careers in the short-term insurance industry. The bursary covers studies-related costs, including tuition fees, and other academic expenses. Here’s what you need to know about the Santam Bursary South Africa 2025 before applying:

What Fields and Expenses are Covered by Santam Bursary?

Undergraduate and Postgraduate bursaries will be available for studies in the fields listed below:

• Actuarial Science
• Accounting
• Agriculture
• Data Analytics
• Data Science
• Civil Engineering
• Economics
• Geomatics Engineering
• Finance
• Insurance
• Mathematics
• Reinsurance
• Risk Management
• Statistics
• Underwriting

Santam wants to build a steady flow of skilled graduates with the right technical know-how, leadership skills, and key behavioral strengths. Santam Agriculture offers funding to agricultural students to help farmers create a more sustainable future. Santam helps close the skills gap in Agriculture Crop Insurance by giving students real-world experience in underwriting, sales, and relationship management through vacation work.

The bursary covers various expenses up to a set limit, including registration and tuition fees, learning materials, a laptop, accommodation, a monthly stipend, and a travel allowance. Agriculture students will be provided with the following benefits:

• A dedicated mentor
• Hands-on experience through vacation work opportunities
• Automatic entry into the graduate program
• Invitations to relevant business events and conferences when needed
• A chance for graduates to be hired as trainee area managers

Who is Qualified For Santam Bursary?

Before applying, applicants must meet the eligibility requirements. Be aware that applications will not be considered if all requirements are not met. Here are the Santam Bursary qualification criteria:

• Applicants must be South African citizens.
• Applicants must have successfully completed Matric.
• You must be pursuing a Postgraduate Diploma, Bachelor’s Degree, or Honors Degree in one of the fields mentioned in the above section.
• Applicants must be in their second, third, or final year of undergraduate studies or Honours studies in 2025.
• Applicants must have obtained at least 65% in their undergraduate studies and most recent exams.
• You must be enrolled at a recognized and accredited tertiary institution in South Africa.
• Applicants should have a keen interest in building a career in the short-term insurance industry.

Agriculture Students Qualification Requirements

• Applicants must be enrolled in a 2 or 3-year Agricultural qualification specializing in crop production or an Agricultural degree/diploma with a focus on plant production and/or soil science.
• Applicants must have proficiency in Microsoft Excel.
• Applicants should demonstrate assertiveness.
• Applicants should possess strong verbal and written communication skills.
• Applications should possess strong negotiation skills and interpersonal skills.
• You should be adaptable, collaborative, and able to work well in a team.
• Applicants should be proactive and result-driven.
• Applicants should have a strong customer focus.
• Employment Equity Candidates will be prioritized.

Santam Bursary South Africa 2025: Application Process

You can apply for the bursary online from the comfort of your seat. Here’s how you can apply for the Santam Bursary:

• Submit your online application using the Santam Bursary application platform.
• Attach clear copies of the following supporting documents to your online application:
  • Certified copy of South African ID documents.
  • Certified copy of Matric certificate.
  • A certified copy of your full academic record or transcripts.
  • A certified copy of your parents or guardians’ proof of income, including the latest payslips or employer letter if employed, recent financial statements if self-employed, and an affidavit if unemployed.
• A certified copy of the death certificates of parents or guardians, if deceased
• A certified copy of the divorce certificate of parents or guardians, if applicable.
• A certified copy of a sworn statement from parents or guardians if they are separated.
• Profile picture
• A certified copy of your proof of address.

Closing Date: 30 September 2024

Final Verdict

To sum up, Santam Bursary is open for the 2025 academic year, providing financial support to eligible students pursuing studies in relevant fields. The application can be submitted online through Santam Bursary’s official platform, along with all required supporting documents. Make sure to submit your application before the closing date to ensure it is considered for review.