If you are excellent at Mathematics and dream of building a high-income, respected and globally recognised career, then the Sanlam Bursary Programme could be your golden opportunity.
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- Check if you also Qualify for NSFAS Funding here
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- View more 2026 Bursaries here
Sanlam has officially opened applications for its prestigious Actuarial Bursaries for 2026. This programme is designed for top-performing matric learners and current actuarial science students who want full financial support, mentorship and guaranteed employment in one of South Africa’s most respected financial institutions.
For over 100 years, Sanlam has been in the business of planning futures. Now, they want to help plan yours.
This bursary is not just about paying for university. It is a full career pipeline into one of the most elite professions in the world: actuarial science.
Quick Overview
Programme: Sanlam Actuarial Science Bursary
Company: Sanlam Group
Location: Bellville, Western Cape (Head Office)
Eligible: South African citizens
Fields covered: Actuarial Science
Who can apply:
- Matric learners planning to study actuarial science in 2027
- Current 1st, 2nd or 3rd year actuarial science students
Closing date: 30 June 2026
Application method: Online only
Employment after studies: Guaranteed for successful bursary holders
What the bursary covers:
- Full tuition and accommodation
- Book allowance and pocket money
- Mentorship and academic support
- Vacation work and networking
- Guaranteed job after graduation
- Support for actuarial board exams
Who Should Apply?
Sanlam is looking for highly intelligent, disciplined and motivated students with strong mathematical ability.
You should apply if:
- You love Mathematics
- You enjoy solving complex problems
- You are focused and disciplined
- You want a high-income professional career
- You want job security after studying
This bursary is ideal for learners who consistently achieve top marks and want to become future financial leaders.
What Does the Sanlam Bursary Cover?
Sanlam offers one of the most comprehensive bursary packages in South Africa.
Successful students receive:
Full Financial Support
- Tuition fees paid in full
- Accommodation fees covered
- Book allowance
- Monthly pocket money
Academic and Career Support
- Mentoring by professional actuaries
- Academic guidance and tutoring
- Study support
- Payment for actuarial board exams
Work Experience
- Vacation work during holidays
- Networking opportunities
- Exposure to real actuarial projects
- Work rotation across departments
Guaranteed Employment
One of the biggest advantages is guaranteed employment after completing your studies.
This means you will not struggle to find a job after graduating.
Minimum Requirements: Undergraduate Actuarial Students
If you are already studying actuarial science, you must meet these requirements:
- Must be a South African citizen
- Must be a full-time actuarial science student
- Must be in 1st, 2nd or 3rd year
- Must demonstrate strong academic performance
- Must show leadership and extracurricular involvement
Required Documents
Prepare the following:
- Full academic transcripts
- Proof of registration or fee statement
- Copy of matric certificate
- Copy of ID
- Updated CV
- Motivation letter answering required questions
Requirements: Matric Learners (Future 2027 Students)
If you are currently in school and want to study actuarial science in 2027, you must meet very high academic standards.
Academic Requirements
- Final Grade 11 results (2025)
- Grade 12 mid-year results (2026)
- Final matric results may be used for final selection
- Above 90% in Mathematics
- Overall A aggregate
- NBT results (if available)
Additional Documents
- Comprehensive CV
- Proof of academic results
- Motivation letter
Motivation Questions You Must Answer
All applicants must submit a strong motivation letter answering these questions:
- What does an actuary do?
- Why do you want to study actuarial science?
- Why do you believe you can succeed as an actuary?
- Why should Sanlam choose you?
- If not actuarial science, what career would you pursue?
These questions are extremely important. Your answers determine whether you stand out.
How to Apply
Applications must be completed online only.
No email applications will be accepted.
Step-by-Step Application Process
- Prepare all required documents
- Update your CV
- Write a strong motivation letter
- Apply online via Sanlam careers portal
- Upload all required documents
- Submit before closing date
Closing date: 30 June 2026
Late applications will not be accepted.
If you do not receive feedback by 1 October 2026, consider your application unsuccessful.
APPLY FOR THE SANLAM BURSARY PROGRAMME 2026 HERE
How Edupstairs Helps You Prepare
At Edupstairs, we don’t just post opportunities—we help you win them.
Recommended Tools:
- SAPS / Metro / Traffic / DCS Eligibility Checker
- Edupstairs Internship / Learnership Eligibility Checker
- Edupstairs Financial Literacy Mini-School
- Grow your Confidence – 30-day Challenge
- SA Bursary Probability Checker
- Edupstairs Simple CV Builder Tool
- Edupstairs AI Cover Letter Generator Tool
- Edupstairs Learnership Application Checklist Tool
- Edupstairs Internship Application Checklist Tool
- Edupstairs Interview Q & A Coach Tool
- SA Youth Apprenticeship Readiness Quiz
- Edupstairs Learnership Stipend Calculator Tool
- NSFAS Funding Eligibility Checker Tool
- Edupstairs Qualification-to-Career Pathways Tool
- South African Salary Explorer Tool
- TVET College Enrolment Eligibility Checker Tool
- Edupstairs Career Personality Tool
- Daily Career Score Tracker
- Learnership and Internship Readiness Quiz
Edupstairs Advice for Applicants
This is one of the most competitive bursaries in South Africa.
To increase your chances:
- Aim for 90%+ in Mathematics
- Build leadership experience
- Join maths or science clubs
- Prepare a powerful motivation letter
- Show discipline and long-term vision
- Apply early
If you are serious about becoming an actuary, this bursary can completely change your life.
Career Growth Path After This Bursary
If selected, your career path can look like this:
University actuarial science degree
Vacation work at Sanlam
Graduate employment at Sanlam
Actuarial board exams
Qualified actuary
Senior actuary or executive roles
Actuaries can earn some of the highest salaries in South Africa.
With experience, you can work globally in:
- UK
- Canada
- Australia
- Europe
- USA
Frequently Asked Questions (FAQ)
- Who can apply?
Matric learners planning actuarial studies and current actuarial students.
- Does Sanlam pay for everything?
Yes. Tuition, accommodation, books and allowance are covered.
- Is employment guaranteed?
Yes. Successful bursary holders receive employment after graduation.
- Can I apply via email?
No. Applications are online only.
- What if I don’t hear back?
If you receive no feedback by 1 October 2026, consider your application unsuccessful.
CLOSING DATE: 30 JUNE 2026
You can also:
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- Visit the Edupstairs blog for daily updates
Application Outcome Tracker (anonymous)
No names collected. This helps future applicants understand real-world timelines.
Have you applied for this opportunity?
Disclaimers
- Applications must be submitted online only
- Late applications will not be accepted
- Meeting minimum requirements does not guarantee selection
- Sanlam employment equity targets will be considered
- Only shortlisted candidates will be contacted
Always apply through the official Sanlam careers portal.
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