Sanlam Actuarial Science Bursaries for Undergraduate Students

Scholarship in Natural Science
  • Apply Before : June 30, 2024

Opportunity Details

  • Opportunity ID 235639
  • Degree Bachelor
  • Fields of study Actuarial Science
  • Opportunity Type : Fully Funded
  • Duration Program Based
  • Gender MaleFemale
  • Language of Instruction English
  • Application Fee Required No

Opportunity Description

Sanlam Foundation offers bursaries for students enrolled in Actuarial Science programs in 2025 and current students in their first, second, or third year. This initiative supports academic excellence and dedication, helping future actuaries master their trade with confidence.

Key Details and Dates

  • Application Deadline: 30 June 2024
  • Funding Type: Bursary
  • Organizer: Sanlam Foundation
  • Eligible Countries: South Africa and other Non-SA countries
  • Eligible Gender: Male/Female
  • Target Group: High school graduates, current undergraduate students
  • Field: Actuarial Science
  • Study Level: Undergraduate
  • Number of Opportunities: Multiple
  • Duration: Duration of the Actuarial Science program
  • Program Language: English
  • Host Country: South Africa and other countries (depending on the university)

Benefits and Financial Aids

You will benefit from the program as follows:

  • Coverage of tuition and accommodation fees
  • Allowances for books, travel, and pocket money
  • Academic support and mentoring from Sanlam actuarial professionals
  • Opportunity to have vacation work and network with Sanlam staff
  • Employment guarantee after completion of studies
  • Support and payment toward actuarial board exams
  • Work rotation opportunities across various disciplines

Eligibility Criteria

Applicants should meet these requirements:

For School Leaving Learners:

  • Applicants are intending to study Actuarial Science in 2025
  • Provide final 2023 Grade 11 results
  • Provide grade 12 mid-year 2024 results
  • Provide NBT results
  • Final grade 12 results are a determining factor
  • Have above 90% score in Mathematics and an overall A aggregate

For Current Undergraduate Students:

  • Be a full-time Actuarial Science student in their 1st, 2nd, or 3rd year
  • Prove academic ability and a will to succeed

Required Documents

Applicants should prepare these documents:

  • Final 2023 Grade 11 results (for school-leaving learners)
  • Grade 12 mid-year 2024 results (for school-leaving learners)
  • NBT results (for school-leaving learners)
  • Full academic transcripts (for current students)
  • Proof of registration and Fee Statement (for current students)
  • Matric certificate copy
  • ID/passport or valid study visa copy
  • A CV focusing on academics, leadership skills, and extra-mural activities
  • A motivation letter answering:
    • What does an actuary do?
    • What is the reason behind studying actuarial science?
    • Why do you think you have what it takes to become an actuary?
    • Why should Sanlam choose you as a bursary holder?
    • What other career paths are you considering, if not actuarial science?

How to Apply?

  • Apply online via the Sanlam application portal linked below
  • Attach the required documentation as indicated
  • Ensure to submit all documents and information before the deadline
  • No email applications or late submissions will be accepted


Apply Now



For any queries, contact: You can also visit the official Sanlam bursary program website.



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