Sanlam, originally a life insurer founded in 1918, has grown to be a global financial services company with local and international operations. Sanlam Group offers financial solutions to individual and institutional customers across all market segments through its four business clusters: Sanlam Investments, Sanlam Emerging Markets, Sanlam Corporate, Sanlam Personal Finance, and Santam.

Sanlam employs around 18 000 people, serves over 10 millions clients and is listed both on the JSE in Johannesburg as well as the NSE in Namibia.

The group has operations in Africa (South Africa, Swaziland, Zambia, Botswana, Namibia, Nigeria, Tanzania, Mozambique, Uganda, Kenya, Malawi, Ghana, and Rwanda), the United Kingdom, Malaysia and India. It also has business interests in Australia and the USA.

ABOUT THE SANLAM PROGRAMME – FIELDS COVERED

Sanlam invites students to apply for its bursary program for the academic year 2025.

The bursaries are awarded to undergraduate students who wish to pursue a qualification in Actuarial Science.

SANLAM PROGRAMME – EXPENSES COVERED & OTHER PERKS

The bursary covers the following costs: tuition, housing, book allowance, travelling allowance, and pocket money.

The following benefits are also available to bursary recipients:

• Support and payment for actuarial exams
• Sanlam employees can take advantage of vacation work and networking opportunities.
• Sanlam offers actuarial professionals as mentors and academic advisors.
• Guaranteed employment after graduation
• Rotation opportunities in a wide range of disciplines

ELIGIBILITY FOR THE SANLAM BUSHARY

Before applying, applicants must meet the minimum requirements (please note: if you do not meet all of the requirements, your application will be rejected)

• You can be either a South African or a non-South African.
• You must currently be in Matric, and plan to study full-time for an Actuarial Science Qualification in 2024 . OR. you must be studying full-time for an Actuarial Science Qualification (in your first, second or third year of studies).
• Current undergraduates: You must show academic ability and the will to succeed
• Current Matric Students: You must have a minimum score of 90% in Mathematics and an average A symbol overall (final Matric results can be used as the determining factor).
• Matric Students: You must be excellent in Mathematical skills and have the ability to solve complex problems. You should also be able and willing to remain focused and disciplined during your training and studies.
• Priority will be given to South Africans of African, Coloured or Indian descent as well as other non-SA citizens based on merit.

How to Apply for the SANLAM Bursary

The application must be submitted electronically at: Sanlam Bursary 2025

Enter “busa.hlayiso.com” in the field asking how you heard about the Sanlam bursary.

Please submit clear copies of all supporting documents with your online application.
Current undergraduate students:

• Copy of ID, passport or valid student visa
• Transcripts of all academic work (on institution letterhead
• Proof of registration or Fee Statement (on institution letterhead)
• Matric Certificate (copy only).
• A comprehensive curriculum vitae that focuses on academics, extramural activities, and leadership skills
• Motivational Letter for your application. (With answers to 5 questions: what is an actuary? Why do you want to study Actuarial Science?, Why you think you could become an actuary?, and why Sanlam would award you a scholarship. Also, your alternative career path, if you don’t become an accountant.

Current Matric Students:

• Grade 11 Final Results (Copy Only)
• Matric mid-year result (copy only).
• Results (Copy Only)
• Curriculum Vitae with emphasis on academics, extramural activities, and leadership skills
• Motivational letter supporting your application. (With answers to 5 questions: what is an actuary? Why do you want to study the actuarial sciences?, why should Sanlam award you a scholarship and why are you not an actuary?)

The closing date for the SANLAM Bursary

30 June 2024.
Please apply before the deadline to be considered.

Contact the BURSARY Provider

Sanlam can be contacted directly for any questions regarding this bursary program.
Email: ActuarialBursaries@sanlam.co.za