Quick Overview
Bursary Description
About the Sanlam Bursary
Sanlam offers actuarial bursaries to support high-performing students pursuing studies in Actuarial Science. The bursary is aimed at developing future actuarial professionals within South Africa’s financial sector.
This bursary funds studies for the 2027 academic year. The sanlam actuarial science bursary ideal for students with strong mathematical ability and an interest in finance, risk, and analytics.
About Sanlam
Sanlam is one of South Africa’s leading financial services providers, with a strong presence in insurance, investments, and wealth management. The company has a long-standing commitment to skills development and transformation.
Through its bursary programme, Sanlam invests in top talent and provides structured career opportunities within the actuarial field.
What the Sanlam Actuarial Bursary Covers
- Tuition and accommodation fees covered
- Allowance for books and daily expenses
- Mentorship and academic support
- Vacation work and networking opportunities
- Employment after graduation
- Support with actuarial board exam costs
- Work rotation across different roles

How to Apply for Sanlam Bursary
Applications must be submitted online through the official Sanlam careers portal. Fill in all the required infromation and upload documents as instructed.
Sanlam Bursary Application: APPLY HERE
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Requirements & Eligibility
Sanlam Bursary Requirements
Undergraduates and current matriculants qualify for the Sanlman Bursary. Meaning, if you're a first, second, or third, year acturial science studet, you can apply. Subsequently, learners in grade 12 and want to study in 2027 are also considered.
| Undergraduate Requirement | Matriculant Requirements |
| Academic Resulst from previous year/s | Final grade 11 results for 2025 |
| Proof of registration or statement of fees | Grade 12 June results obatined in 2026 |
| Copy of ID and Matric certificate | Available NBT (National Benchmark Test) results |
| CV (must be detailed and on foucsed academic achievements, extra mural activities, and leardership skills you might have) | CV (must be detailed and on foucsed academic achievements, extra mural activities, and leardership skills you might have) |
| Motivational letter/ statement to suppot your application | Motivational letter/ statement to suppot your application |
| Final outcome relies on grade 12 final marks |
Questions your motivation must address:
- 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?

Eligibility Criteria
Below are other requirements you must meet for the bursary:
- You must be South African citizen
- Have strong academic results, especially in Mathematics
- Be accepted or have the intention to study Actuarial Science at a recognised university
- Meet university entrance requirements
Frequently Asked Questions (FAQS)
Does Sanlam offer bursaries?
- Yes, sanlam does offer actuarial bursaries aimed at supportng undergraduates and matriculants with a passion for maths. Applications close end of June every year.
This bursary recently opened, it also covers students in accounting and finance field of study: Thuthuka SAICA Bursary 2027.
How to Apply
Application Method: Online
View official application page.