Santam, South Africa’s leading general insurer, has introduced a bursary programme for the year 2025. The Santam 2025 bursary programme is aimed at supporting students who are financially challenged but are highly motivated to pursue their studies in the field of insurance and risk management.
Santam Limited, South Africa’s largest general insurer, established the Santam Bursary Programme to develop essential skills for the financial services sector, particularly in the Short Term Insurance Industry. This initiative aims to create a pathway for crucial and future-ready skills.
Santam recognizes the importance of investing in the education of young South Africans, especially those from disadvantaged backgrounds. The bursary programme is, therefore, a demonstration of the company’s commitment to empowering the youth and contributing to the development of the country.
The Santam 2025 bursary programme is not only focused on providing financial support to students but also on providing them with mentorship and career guidance. The company will assign mentors to bursary recipients to help them navigate the insurance industry and develop the necessary skills and knowledge to succeed in their careers.
In conclusion, the Santam 2025 bursary programme is an excellent opportunity for students who are passionate about the insurance industry to pursue their studies without financial constraints. The programme not only provides financial support but also mentorship, career guidance, and practical experience, making it a comprehensive and holistic approach to empowering the youth.
Applicants should carefully review the eligibility criteria for the bursaries and scholarships offered by StudyTrust. Applications cannot be submitted until all required information is provided and supporting documents are uploaded.
The details provided and responses to the essay questions in the application form will be used to generate an individual application profile for potential sponsors. It is essential to provide accurate information and well-thought-out answers to the essay questions. Ensure correct spelling, and capitalize names and surnames. A bursary application is a request for an educational investment of up to half a million rand. Sponsors are more inclined to select applicants who demonstrate a careful and precise approach to completing the application.
High school seniors who are uncertain about their future study plans can find useful resources on the Pace Career Centre website. The career questionnaire is designed to assist prospective students in selecting the right study program and career path.
Join our Whatsapp channel for more updates
Next year, will you be in your second, third, or final year of undergraduate studies or pursuing an Honours degree?
Are you interested in a career in the short-term insurance industry?
Santam and StudyTrust are excited to extend an invitation to apply for a bursary if your academic focus aligns with the programs outlined below.
WHO IS ELIGIBLE TO APPLY?
Students enrolled in a Postgraduate Diploma, Bachelor’s degree, or Honours degree in the following fields:
Actuarial, Data Analytics, Data Sciences, Statistics Agriculture Civil, Geomatics Engineering Insurance Technical Accounting, Economics, Finance, Mathematics Reinsurance, Risk Management, Underwriting
The scholarship will finance expenses up to a set limit for the items below:
- Registration/Tuition fees
- Accommodation (including deposit, administrative fees, etc.)
- Educational materials (such as books, e-Manuals, etc.)
- Laptops
- Monthly stipend
- Travel/Transportation stipend
Follow our Facebook page for more updates
Selection Criteria:
Successful applicants are chosen based on their academic potential and their motivation for pursuing a career with Santam.
To be considered, applicants need to have obtained a minimum average of 65% in their undergraduate degree and the most recent exams (mid-year/June).
Agricultural applicants must meet additional specific criteria outlined below.
Documents Checklist:
Ensure that all key information provided in the application is verified and that documentary proof is uploaded.
Prepare the following documents for uploading or attachment to hardcopy applications:
- Certified South African ID
- Full academic record, including the most recent results (June 2024 examination results or progress report)
- Official Matric/NSC results for Grade 12 graduates, or final Grade 11 results and June 2024 report card for current Grade 12 students
- Proof of address for bursary applications sponsored by a renewable energy plant or trust (applicable only to applicants residing within a 50 km radius of a solar or wind farm)
- Proof of income, which is a critical factor in the selection process. Upload proof of income for both parents, if applicable.
- This may include:
- Salary or wage slips of the parent(s) or guardian(s)
- Affidavit from the parent(s) or guardian(s) confirming unemployment or self-employment, with an indication of annual income if self-employed
- Most recent audited financial statement or the three most recent bank statements for parent(s) or guardian(s) who own a business
- SASSA letter detailing grants received in the household if applicable
- Death certificate(s) in cases where parent(s) are deceased
- Court letter specifying child support amounts for divorced parents, or an affidavit from the parent receiving child support if separated
- A clear head and shoulders photograph.
