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BURSARIES APPLICATION 2025: A complete guide

Santam Bursary: Supporting Future Insurance Professionals

Santam Bursary: Supporting Future Insurance Professionals

Santam Bursary 2025: Supporting Future Insurance Professionals

About Santam

Santam is South Africa’s leading general insurer, offering a wide range of insurance products and services. To support the development of skilled professionals in the insurance sector, Santam offers a bursary program for students pursuing studies in insurance-related fields.

Overview of the Santam Bursary

The Santam Bursary aims to provide financial assistance to academically strong students from disadvantaged backgrounds, helping them pursue careers in insurance, actuarial science, risk management, and other relevant fields. The program supports students studying full-time at recognized South African universities.

Fields of Study Covered

The Santam Bursary is available to students studying the following disciplines:

  • Risk Management
  • Insurance and Financial Planning
  • Actuarial Science
  • Law (with an insurance focus)
  • Business and Finance

Bursary Coverage

The Santam Bursary offers comprehensive financial support, covering:

  • Tuition Fees: Full payment of university tuition fees.
  • Accommodation and Meals: A stipend for accommodation and meals.
  • Books and Study Materials: Funding for required textbooks and study materials.
  • Living Allowance: A monthly stipend for personal expenses.

Bursary recipients may also be invited to participate in internships or work experience programs at Santam, giving them hands-on experience in the insurance industry.

Eligibility Criteria

To be considered for the Santam Bursary, applicants must meet the following criteria:

  • South African Citizenship: Applicants must be South African citizens.
  • Academic Performance: A minimum of 65% in the most recent academic results.
  • Field of Study: Students must be pursuing studies in one of the specified fields.
  • Financial Need: Preference will be given to students who can demonstrate financial need.
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How to Apply

Interested students must submit an online application form available on the Santam website. The following supporting documents are required:

  • A certified copy of the applicant’s ID
  • Academic transcripts
  • Proof of university enrollment or acceptance
  • A motivational letter detailing the applicant’s career goals and why they are applying for the bursary
  • Proof of financial need

Application Deadline

The closing date for the Santam Bursary is 30 September 2024.

Contact Information

For more information, applicants can visit the Santam website or contact the bursary office via email at bursary@santam.co.za.


Santam offer valuable bursary opportunities for students passionate about careers in finance, insurance, and related fields. With strong academic performance and leadership potential, these bursaries provide a pathway to both academic success and professional growth.

Santam Bursary: Supporting Future Insurance Professionals

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