Sanlam Actuarial Bursaries For 2025. Are you a maths enthusiast with dreams of pursuing a career in Actuarial Science? The Sanlam Actuarial Bursary Programme for 2025 offers a golden opportunity to deserving South African students and actuarial undergraduates who aspire to become world-class actuaries. With more than a century of empowering futures, Sanlam invites driven individuals to become part of its legacy by applying for this life-changing financial aid.
Let’s explore what this prestigious bursary offers, who qualifies, and how to apply before the 30 June 2025 deadline.
What is the Sanlam Actuarial Bursary?
The Sanlam Actuarial Bursary Programme is a flagship initiative by Sanlam Retail Affluent (SRA), aimed at identifying and supporting exceptional students with the potential to thrive in the actuarial field. This bursary is more than just financial aid it a holistic development journey. Sanlam provides not only tuition and allowances but also mentoring, vacation work, and employment upon graduation.
- Full tuition and accommodation fees
- Book and pocket money allowance
- Academic mentorship from Sanlam actuarial professionals
- Guaranteed employment after studies
- Support for actuarial board exams
- Broad work rotation across different actuarial disciplines
Who Can Apply for the Sanlam Bursary in 2025?
The Sanlam Actuarial Bursary Programme for 2025 is open to two categories of candidates:
1. Matriculants (Class of 2025)
Students completing Matric in 2025 who intend to study Actuarial Science at a South African university in 2026.
2. Current Actuarial Students
Students already enrolled full-time in a BSc Actuarial Science degree, in their 1st, 2nd, or 3rd year (including both South African and international students).
Eligibility Criteria for the Sanlam Actuarial Bursary 2025
To qualify for the Sanlam Actuarial Bursary, candidates must meet strict academic and personal development benchmarks. Below is a detailed breakdown:
Matriculants (2025)
| Requirement | Details |
|---|---|
| Nationality | South African citizen |
| Academic Record | Grade 11 Final Results (2022) and Grade 12 Mid-Year Results (2023) |
| Maths Score | Minimum 90% in Mathematics |
| Average | Overall ‘A’ Aggregate |
| NBT | Results (if available) |
| Personal Qualities | Strong mathematical aptitude, discipline, motivation, and leadership skills |
Current Undergraduate Students
| Requirement | Details |
|---|---|
| Study Level | Full-time 1st, 2nd, or 3rd year in Actuarial Science |
| Institution | Accredited South African universities |
| Documents | Academic transcripts, proof of registration, matric certificate |
| Nationality | South African and Non-South African citizens |
| Additional Assets | Leadership skills, extracurricular involvement, motivation letter |
Fields of Study Covered
The Sanlam Bursary focuses on students pursuing a qualification in:
- Actuarial Science
- Statistics
- Economic & Business Sciences
- Accountancy
This reflects Sanlam’s commitment to nurturing talent that aligns with its future-driven, analytical, and solution-oriented financial environment.
What the Sanlam Bursary Covers
Unlike many bursary programmes, Sanlam offers comprehensive support, covering both academic and professional development needs. Here’s what successful applicants can expect:
| Coverage Area | Details |
|---|---|
| Tuition | 100% of university fees |
| Accommodation | Full support for on- or off-campus housing |
| Allowances | Books, travel, and pocket money |
| Mentoring | Academic and career guidance from Sanlam actuaries |
| Vacation Work | Practical work experience during study breaks |
| Exam Support | Ongoing payment and preparation for actuarial board exams |
| Employment | Guaranteed job placement upon graduation |
| Rotation Exposure | Opportunities to work across different business clusters |
Why Choose the Sanlam Actuarial Bursary?
Sanlam has built a century-long legacy of investing in talent. Here’s why this bursary stands out:
- Stability: Established in 1918, Sanlam is one of Africa’s most trusted financial services providers.
- Diversity: Operates across South Africa, the UK, India, Malaysia, Nigeria, Kenya, and more.
- Support: Offers ongoing development, job security, and leadership opportunities.
- Equity Focused: In line with its employment equity plan, Black South African candidates (African, Coloured, Indian) and high-performing non-SA citizens are encouraged to apply.
How to Apply for the Sanlam Actuarial Bursary for 2025
Follow some steps:
- Online Application: Visit the official portal at Sanlam Bursary Application 2025.
- Document Upload: Attach required documents (see next section).
- Motivation Letter: Write a compelling letter answering:
- What does an actuary do?
- Why do you want to study Actuarial Science?
- Why do you believe you have what it takes?
- Why should Sanlam select you?
- If you don’t become an actuary, what is your alternative career plan?
Required Supporting Documents
For Matriculants (2025)
- Final Grade 11 results
- Grade 12 mid-year results
- NBT results (if available)
- Copy of ID
- Comprehensive CV
- Motivation Letter
For University Students
- Full academic transcript
- Proof of registration or fee statement
- Matric certificate
- Copy of ID or valid study visa
- Comprehensive CV
- Motivation Letter
Note: Applications submitted via email or after the closing date (30 June 2025) will not be accepted.
About Sanlam: A Legacy of Financial Empowerment
Sanlam started as a life insurance company in 1918 and has grown into a diversified financial powerhouse. It now serves over 10 million clients, employs approximately 18,000 staff, and is listed on both the Johannesburg Stock Exchange (JSE) and Namibian Stock Exchange (NSE).
The group operates through multiple business clusters:
- Sanlam Personal Finance
- Sanlam Corporate
- Sanlam Investments
- Sanlam Emerging Markets
- Santam
Sanlam’s reach extends across Africa, the United Kingdom, India, Malaysia, Australia, the USA, and the Philippines.
Dates and Contact Information
| Important Date | Details |
|---|---|
| Closing Date | 30 June 2025 |
| Application Mode | Online only |
| Contact Email | [email protected] |
Sanlam Actuarial Bursary at a Glance
| Component | Details |
|---|---|
| Programme Name | Sanlam Actuarial Bursary 2025 |
| Target Group | Matriculants & Undergraduate Actuarial Students |
| Fields Covered | Actuarial Science, Statistics, Accountancy |
| Benefits | Tuition, Accommodation, Allowances, Mentorship |
| Application Deadline | 30 June 2025 |
| Application Mode | Online |
| Official Website | Sanlam Bursary Application |
FAQs About Sanlam Actuarial Bursary 2025
What does the Sanlam Actuarial Bursary cover?
The bursary covers full tuition and accommodation, book and pocket allowances, mentoring, vacation work, and guaranteed employment post-graduation.
Can non-South African citizens apply for the Sanlam Bursary?
Yes, both South African and non-South African citizens are eligible, provided they meet academic and motivation criteria.
How do I increase my chances of being selected?
Maintain a strong academic record, especially in Mathematics, craft a compelling motivation letter, and showcase leadership and extracurricular involvement in your CV.
Conclusion
The Sanlam Actuarial Bursary Programme for 2025 is not just a financial support scheme—it’s a full-circle opportunity to become a future leader in finance, backed by one of Africa’s largest financial services providers. If you’re driven, disciplined, and passionate about mathematics and problem-solving, this bursary can unlock a world of possibilities for you.
