Santam Opens Fully Funded Bursary Opportunities for South African Students for 2027, covering tuition, accommodation, laptop, allowances and more.
Students looking for financial support for the 2027 academic year can apply for the Santam Bursary Programme, which supports undergraduate and postgraduate studies in a range of fields, including accounting, actuarial science, data science, finance, engineering, insurance and risk management.
The Santam Bursary Programme forms part of the company’s Skills Development Academy and is designed to help develop talented young South Africans with strong technical, behavioural and leadership skills.
What Does the Santam Bursary Cover?
According to the supplied bursary information, the programme provides financial support for several study-related expenses, up to a capped amount.
The listed benefits include:
- Registration fees
- Tuition fees
- Learning materials
- Accommodation
- Laptop
- Monthly allowance
- Travel allowance
Because the funding is described as being subject to a capped amount, applicants should check the applicable terms carefully rather than assuming that every expense will necessarily be covered in full.
Santam Opens Fully Funded Bursary Opportunities for South African Students
Fields of Study Covered
The Santam Bursary supports undergraduate and postgraduate studies in several academic disciplines.
Eligible fields listed in the supplied information include:
- Accounting
- Actuarial Science
- Agriculture
- Civil Engineering
- Data Analytics
- Data Science
- Economics
- Finance
- Geomatics Engineering
- Insurance
- Mathematics
- Reinsurance
- Risk Management
- Statistics
- Underwriting
This makes the opportunity particularly relevant to students pursuing careers in financial services, insurance, data, mathematics, engineering and agriculture.
Additional Opportunities for Santam Bursary Recipients
The bursary can also provide opportunities for professional development.
The supplied information states that recipients may receive:
- An allocated mentor
- Opportunities to participate in vacation work
- Opportunities to participate in the graduate programme
- Invitations to relevant business engagements and conferences
- For eligible graduates, opportunities for permanent retention as trainee area managers
For students interested in building a career in the insurance industry, this additional exposure could provide valuable workplace experience alongside their academic studies.
Who Can Apply for the Santam Bursary?
Applicants must meet the minimum eligibility requirements before applying.
The general requirements include:
- Be a South African citizen
- Have completed Matric
- Be studying towards a Postgraduate Diploma, Bachelor’s degree or Honours degree in one of the listed fields
- Be entering their second, third or final year of undergraduate or Honours studies in 2027
- Have achieved a minimum academic result of 65%
- Be studying at a recognised and accredited tertiary institution in South Africa
- Have an interest in pursuing a career in the short-term insurance industry
Agriculture Students
Santam also provides specific opportunities for students pursuing agricultural studies.
Agriculture applicants must be pursuing a two- or three-year agricultural qualification focused on crop production, or an agricultural degree or diploma where plant production and/or soil science are preferred subjects.
Applicants are also expected to have Microsoft Excel skills, good communication and negotiation abilities, strong interpersonal skills and the ability to work collaboratively.
The supplied criteria also state that preference will be given to Employment Equity candidates.
How to Apply
Applications for the Santam Bursary are submitted online through the designated application platform.
Santam Bursary Application: Apply for the Santam Bursary
Applicants are advised to read the application instructions carefully before submitting their applications. The supplied information also instructs applicants to enter www.zabursaries.co.za when asked how they heard about the Santam bursary.
Documents Required
Applicants should prepare clear copies of the required supporting documents.
These include:
- Certified copy of South African ID
- Certified copy of Matric certificate
- Certified copy of full academic record or transcripts
- Parents’ or guardians’ proof of income
- Parents’ or guardians’ death certificates, where applicable
- Parents’ or guardians’ divorce certificate, where applicable
- Parents’ or guardians’ sworn statement, where applicable
- Profile picture
- Certified proof of address
Applicants should make sure that the required documentation is complete because the supplied information states that missing documents may result in the application being disqualified.
Santam Bursary Closing Date
The closing date for the Santam Bursary is 30 September 2026. Applications submitted after the deadline will not be accepted according to the supplied information.
Students should therefore submit their applications before the deadline rather than waiting until the final day.
About Santam
Santam is a South African financial services group and a leading general insurer in the country. Its operations include personal insurance, commercial insurance, specialist insurance and reinsurance services, among other areas.
The bursary programme is intended to help develop skilled graduates who can contribute to South Africa’s economy while building careers in areas relevant to Santam and the wider financial services sector.
Santam Bursary 2027 Summary
| Opportunity | Details |
|---|---|
| Organisation | Santam |
| Programme | Santam Bursary |
| Academic year | 2027 |
| Study level | Undergraduate and postgraduate |
| Nationality | South African citizens |
| Minimum academic result | 65% |
| Study location | South Africa |
| Funding | Registration, tuition, learning materials, accommodation, laptop, monthly and travel allowances, subject to a cap |
| Closing date | 30 September 2026 |
| Application | Online |
Final Thoughts
The Santam Bursary is an opportunity for South African students studying fields such as Data Science, Data Analytics, Actuarial Science, Accounting, Finance, Engineering, Mathematics, Statistics, Insurance and Risk Management.
Beyond financial assistance, the programme can provide access to mentoring, vacation work, business engagements and potential graduate opportunities.
Eligible students should review the requirements, prepare their supporting documents and submit their applications before the 30 September 2026 closing date.
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