Sanlam Bursary Programme 2026 Opens for South African Students
The Sanlam Bursary Programme 2026 is now open, providing eligible South African students with financial support to pursue studies in high-demand professional fields. Through this programme, Sanlam continues to invest in future skills by supporting academically strong learners who show long-term potential in quantitative and financial disciplines.
With rising higher-education costs placing pressure on households across the country, bursary funding remains a key enabler for access to scarce-skills careers. The Sanlam Bursary Programme aims to support students who demonstrate both academic excellence and a clear commitment to professional development.
What Is the Sanlam Bursary Programme 2026?
The Sanlam Bursary Programme 2026 is a merit-based funding initiative designed to assist South African students studying in fields aligned with Sanlam’s future skills requirements. The programme focuses primarily on actuarial science, a profession critical to insurance, investment management, and long-term financial planning.
Beyond covering study costs, the bursary reflects Sanlam’s broader commitment to skills development, transformation, and sustainable economic growth. Selected students may also gain early exposure to the professional environment, helping them transition more effectively from university into the workplace.
Who Can Apply for the Sanlam Bursary Programme 2026?
The programme targets high-performing students who meet Sanlam’s academic and eligibility criteria. While competition is strong, the bursary is structured to identify learners with both intellectual ability and the personal discipline required for demanding professional careers.
Typical applicants include:
- Grade 12 learners planning to begin studies in 2026
- Undergraduate students already enrolled in relevant degree programmes
- Learners with strong results in Mathematics and core academic subjects
- Students with a genuine interest in actuarial science or related fields
Applicants are expected to demonstrate analytical thinking, consistency, and long-term commitment to their chosen career path.
Fields of Study Supported
Actuarial Science (Primary Focus)
The Sanlam Bursary Programme is best known for its strong emphasis on actuarial science. This field combines mathematics, statistics, economics, and finance to assess and manage financial risk.
Actuaries play a vital role in sectors such as insurance, healthcare, pensions, and investments. Due to the technical complexity of the qualification and the national shortage of qualified actuaries, actuarial bursaries are among the most competitive and valuable study funding opportunities in South Africa.
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What Does the Sanlam Bursary Cover?
The bursary is structured to allow students to focus on their studies without unnecessary financial strain. Funding may include:
- Tuition fees paid directly to the institution
- Prescribed textbooks and academic materials
- Accommodation or residence costs, where applicable
- A living allowance, depending on individual assessment
The total value of the bursary may vary based on the student’s level of study, institution, and financial need.
How to Apply for the Sanlam Bursary Programme 2026
Online Application Process
All applications must be submitted through Sanlam’s official online careers platform.
Official application link: Sanlam Actuarial Bursaries
Applicants are required to:
- Complete the online application form
- Upload all required supporting documents
- Submit a written motivation responding to structured questions
Applications submitted via email or after the closing date will not be considered.
Motivation Questions: What Sanlam Assesses
A key part of the selection process is the written motivation. This section helps Sanlam assess career awareness, commitment, and suitability for actuarial studies.
Applicants are typically asked to explain:
- Their understanding of what an actuary does
- Why they want to pursue actuarial science
- What personal strengths support this career choice
- Why Sanlam should invest in them
- Alternative career plans if actuarial qualification is not completed
Clear, honest, and well-structured responses significantly strengthen an application.
Closing Date and Application Timeline
Closing Date: 30 June 2026
Applicants are encouraged to apply well before the deadline. According to official guidance, candidates who do not receive feedback by 1 October 2026 should regard their application as unsuccessful.
Selection Criteria and Equity Considerations
Bursary awards are based on academic performance, motivation quality, and overall suitability. In line with South African legislation, Sanlam also applies its Employment Equity Plan during the selection process.
This approach supports transformation while maintaining high professional and academic standards.
Benefits Beyond Financial Support
In addition to funding, the Sanlam Bursary Programme may offer:
- Early exposure to a professional corporate environment
- Networking with experienced industry professionals
- Possible vacation work or structured development opportunities
- Consideration for future graduate or trainee programmes
For many recipients, the bursary becomes the foundation of a long-term professional relationship with Sanlam.
Why the Sanlam Bursary Programme Matters in 2026
South Africa continues to face skills shortages in analytical and quantitative professions. Programmes like the Sanlam Bursary Programme 2026 play a crucial role in developing local expertise, supporting inclusive growth, and strengthening the financial services sector.
For students with strong academic ability and a clear career vision, this bursary represents both financial support and access to professional development opportunities.
Final Thoughts
The Sanlam Bursary Programme 2026 remains one of South Africa’s most respected funding opportunities for students pursuing actuarial science. With a transparent application process, a clear closing date, and strong institutional backing, it offers meaningful support to learners committed to academic excellence.
Eligible students are encouraged to apply early and submit carefully prepared applications.
FAQs
Is the Sanlam Bursary Programme 2026 only for actuarial science?
The programme primarily focuses on actuarial science, which is Sanlam’s main scarce-skills priority.
Can Grade 12 learners apply for the 2026 bursary?
Yes. Grade 12 learners planning to study in 2026 may apply if they meet the academic requirements.
Does the bursary guarantee employment at Sanlam?
No. While recipients may be considered for future opportunities, employment is not guaranteed.
What expenses does the Sanlam bursary cover?
Funding may include tuition, textbooks, accommodation, and a living allowance, depending on assessment.
When will applicants receive feedback?
Applicants who have not received feedback by 1 October 2026 should consider their application unsuccessful.
I writes about SETA opportunities in South Africa, focusing on learnerships, internships, bursaries, and skills development programs. My goal is to provide clear, reliable information that helps students and job seekers access funded career opportunities.
