Sanlam Actuarial Science Bursary 2023 – For details about eligibility, requirements, available positions, application procedure – how to apply, application form PDF download, interview questions/schedules, etc.
Are you looking for Bursary programmes in South Africa? Do you have the basic requirements to apply for Bursary programmes? If yes, you are welcome to this page.
This page contains information about the latest Bursary programmes at the Sanlam for 2022/2023 and how to apply.
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into study.
Sanlam invites South African students to apply for Actuarial Science Bursary Programme 2023 academic year.
The Sanlam bursary covers studies towards an Actuarial Science qualification, for current students and matriculants.
Requirements
The bursary will provide cover with the following study expenses: tuition fees, actuarial board exams, accommodation, book allowance, travel allowance and pocket money.
Bursary recipients will also receive the following benefits:
- Continuous support and payment towards actuarial board exams
- Vacation work and networking opportunities with Sanlam staff
- Mentoring and academic support from actuarial professionals at Sanlam
- Guaranteed employment after graduation
- Various rotation opportunities across a broad spectrum of disciplines
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- You must be a South African citizen or a non-South African citizen
- You must be currently in Matric and intend on studying full-time towards an Actuarial Science qualification in 2023 OR you must be a studying full-time towards an Actuarial Science qualification (in your 1st, 2nd or 3rd year of study)
- Current undergraduate students: you must demonstrate academic ability and a will to succeed
- Current Matric students: you must have achieved a minimum result of 90% for Mathematics and an overall average A symbol (final Matric results may be used as determining factor)
- Current Matric students: you must have excellent Mathematical skills, be able to solve difficult problems and be committed to remaining focused and disciplined throughout your studies and training
- Preference will be given to candidates from the designated groups (African, Coloured and Indian South Africans) as well as non-SA citizens on merit
How to apply
Applications must be submitted online at: Sanlam Bursary Application 2023
Please note: ONLY online applications will be accepted – applications submitted via email or fax will NOT be accepted.
Bursary Application Closing Date: 31 July 2022
Submit clear copies of the following supporting documentation with the online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
Current undergraduate students:
- Full academic transcripts (on institutions letterhead)
- Proof of registration and/or Fee Statement (on institutions letterhead)
- Matric certificate (copy only)
- ID document, passport or valid study visa (copy only)
- Comprehensive Curriculum Vitae, with focus on: academics, extra-mural activities and leadership skills
- Motivational letter to support your application (with answers to the following 5 questions: explain what an actuary does, why you want to study actuarial science, why you think you can become an actuary, why Sanlam should award you a bursary and your alternative career path if you do not become an actuary)
Current Matric students:
- 2021 Grade 11 final results (copy only)
- 2022 Matric mid-year results (copy only)
- NBT results (copy only)
- Comprehensive Curriculum Vitae, with focus on: academics, extra-mural activities and leadership skills
- Motivational letter to support your application (with answers to the following 5 questions: explain what an actuary does, why you want to study actuarial science, why you think you can become an actuary, why Sanlam should award you a bursary and your alternative career path if you do not become an actuary).
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