Overview: Sanlam Bursary Programme 2026
The Sanlam Bursary Programme 2026 is now officially open, offering full financial support to academically strong South African students who wish to pursue studies in actuarial science and related high-impact fields. As one of South Africa’s most established and respected financial services groups, Sanlam continues to play a leading role in skills development, transformation, and long-term talent investment.
With rising tuition costs and limited funding opportunities, the Sanlam bursary provides a critical lifeline for students who demonstrate both academic excellence and long-term career ambition. The programme is highly competitive and is aimed at developing future professionals who can contribute meaningfully to South Africa’s financial services sector.
What Is the Sanlam Bursary Programme?
The Sanlam Bursary Programme is a merit-based funding initiative designed to support students pursuing qualifications in scarce and critical skills areas, with a strong emphasis on actuarial science.
The bursary is more than financial assistance. It forms part of Sanlam’s long-term strategy to develop high-calibre professionals, strengthen local expertise, and promote inclusive economic growth. Successful candidates may benefit from early exposure to the corporate environment and potential future career opportunities within the Sanlam Group.
Who Should Apply for the Sanlam Bursary 2026?
The programme targets high-performing students who have the academic ability, discipline, and motivation required to succeed in demanding quantitative careers.
Ideal Applicants Include:
- Grade 12 learners planning to study in 2026
- University students already enrolled in relevant undergraduate programmes
- Students with strong Mathematics and analytical skills
- Learners with a clear interest in actuarial science and risk-based disciplines
- Individuals committed to long-term professional development
Applicants must be South African citizens and meet Sanlam’s academic and selection criteria.
Fields of Study Covered
Actuarial Science (Primary Focus)
The Sanlam Bursary Programme is best known for its focus on actuarial science, a highly specialised field that combines mathematics, statistics, economics, and financial modelling to assess and manage risk.
Actuaries play a critical role in:
- Insurance and reinsurance
- Investment management
- Pensions and retirement planning
- Healthcare funding
- Enterprise risk management
Due to the national shortage of qualified actuaries and the complexity of the qualification, actuarial bursaries are among the most valuable funding opportunities in South Africa.
What Does the Sanlam Bursary Cover?
The Sanlam Bursary Programme 2026 is designed to remove financial pressure so students can focus fully on their studies.
The bursary typically covers:
Related Opportunities 2026
- Full tuition fees paid directly to the institution
- Prescribed textbooks and learning materials
- Accommodation or residence costs (where applicable)
- A living allowance, depending on individual needs and circumstances
The total bursary value may differ based on the institution, level of study, and financial assessment.
How to Apply for the Sanlam Bursary Programme 2026
Online Application Process
All applications must be submitted online through the official Sanlam careers portal. Email or late applications are not accepted.
Application Steps:
- Complete the online application form
- Upload all required supporting documents
- Submit a structured motivational response
- Review and submit before the closing date
Official Application Link
Motivation Questions: What Sanlam Looks For
Applicants are required to answer specific motivation questions designed to assess understanding of the profession and personal suitability.
Candidates are typically asked to explain:
- What an actuary does, in their own words
- Why they want to study actuarial science
- Why they believe they can succeed in the field
- Why Sanlam should invest in them
- Alternative career options if actuarial qualification is not achieved
Clear, honest, and well-structured responses significantly improve an applicant’s chances of success.
Closing Date and Important Dates
Application Deadline
30 June 2026
Applicants are advised to apply early to avoid system delays or incomplete submissions. If no response is received by 1 October 2026, the application should be regarded as unsuccessful.
Selection Criteria and Employment Equity
Bursary awards are based on:
- Academic performance
- Quality of motivation
- Suitability for actuarial studies
- Alignment with Sanlam’s future skills needs
In line with South African legislation, Sanlam also applies its Employment Equity Plan during the selection process to support transformation while maintaining high academic standards.
Benefits Beyond Financial Support
The Sanlam Bursary Programme offers additional long-term advantages, including:
- Early exposure to a professional corporate environment
- Access to industry networks and mentors
- Possible vacation work or development opportunities
- Consideration for graduate or trainee programmes
For many recipients, the bursary becomes the foundation of a long-term career with Sanlam.
Frequently Asked Questions (FAQs)
Is the Sanlam bursary fully funded?
Yes, it typically covers tuition, books, accommodation, and living expenses.
Can Grade 12 learners apply?
Yes, learners planning to study in 2026 may apply.
Is the bursary only for actuarial science?
The primary focus is actuarial science, which is Sanlam’s key scarce-skills area.
Do bursary recipients have to work for Sanlam?
Funding may include work-back or development expectations, depending on the bursary agreement.
When will applicants be contacted?
Shortlisted candidates are usually contacted before October 2026.
Why the Sanlam Bursary Programme Is Important in 2026
South Africa faces ongoing shortages of highly skilled professionals in quantitative and analytical fields. The Sanlam Bursary Programme 2026 plays a vital role in developing local talent, supporting transformation, and strengthening the country’s financial services industry.
For students with strong academic ability and a clear vision for their future, this bursary represents more than funding — it is a pathway into one of South Africa’s most respected financial institutions.
Final Thoughts
The Sanlam Bursary Programme 2026 is one of South Africa’s most credible and competitive funding opportunities for actuarial science students. With comprehensive financial support, structured selection, and strong institutional backing, it remains a top choice for learners serious about academic excellence and professional growth.
Eligible students are strongly encouraged to apply early and submit a well-prepared application.
