Santam Bursary

Santam, a prominent insurance company, has recently announced the commencement of their bursary programme applications for the 2025 academic year. If you have a strong passion for a career in finance, insurance, or related fields, it’s crucial to take advantage of this opportunity by applying for the bursary programme before the specified deadline.

About the Santam Bursary Programme

The Santam Bursary Programme offers financial support to South African students pursuing studies in fields relevant to the insurance industry. As part of Santam’s Skills Development Academy, this programme aims to produce highly qualified graduates with strong technical, behavioural, and leadership skills.

Fields of Study

The bursary programme is open to students pursuing undergraduate or postgraduate qualifications in the following fields:

  • Actuarial Science
  • Data Analytics
  • Data Sciences
  • Statistics
  • Agriculture
  • Civil Engineering
  • Geomatics Engineering
  • Insurance
  • Technical Accounting
  • Economics
  • Finance
  • Mathematics
  • Reinsurance
  • Risk Management
  • Underwriting

Santam Bursary Programme Covers

  • Registration/Tuition fees
  • Learning materials
  • Laptops
  • Monthly allowance
  • Accommodation (including deposit, admin fees, etc.)
  • Travel/Transport allowance

Additional Benefits for Agriculture Students:

  • Mentorship
  • Vacation work
  • Automatic entry into the Santam graduate programme
  • Opportunity to join relevant business engagements and conferences
  • Possible permanent employment as trainee area managers for graduates

Requirements for the Santam Bursary Programme

To qualify, applicants must:

  • Be South African citizens.
  • Be studying towards a Postgraduate Diploma, Bachelor’s degree, or Honours degree in one of the listed fields.
  • Be starting their second, third, or final year of undergraduate studies or Honours studies in 2025.
  • Be studying at a recognised and registered tertiary institution in South Africa.
  • Have achieved a minimum of 65% in their undergraduate studies and recent examinations.
  • Be interested in pursuing a career in the short-term insurance industry.

Additional Requirements for Agriculture Students:

  • Be studying a two/three-year Agricultural qualification focusing on crop production or an Agricultural degree/diploma with plant production and/or soil science as preferred subjects.
  • Be assertive with good communication skills (verbal and written).
  • Have Microsoft Excel skills.
  • Possess good negotiation and interpersonal skills with a strong customer focus.
  • Be flexible, self-motivated, and a team player.

Required Documents

  • Certified copy of applicant’s ID
  • Certified copy of applicant’s Matric certificate and full academic records/transcripts
  • Proof of combined household income
  • Proof of residence

How to Apply for the Santam Bursary for 2025

Applications must be submitted online via the Study Trust application platform. Follow these steps to apply:

  1. Visit the Study Trust website HERE.
  2. Click on the “Apply Here” button.
  3. Enter your email address.
  4. Create an account.
  5. Log in to start your online application.

Closing Date

The closing date for Santam bursary programme applications for the 2025 academic year is September 30, 2024. Make sure to read through the application rules before beginning your application. Late applications will not be considered.

The closing date is fast approaching. Apply today to secure funding for your studies with the Santam bursary. If you know someone who would benefit from this opportunity, share this information with them.

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