Apply: Santam Bursary Scheme 2023/2024

Apply: Santam Bursary Scheme 2023/2024

Santam Bursary Scheme 2023


We pleased to keep you updated about Santam Bursary Scheme 2023/2024


About Santam Bursary Scheme

In an effort to create a conduit for critical and future-fit skills in the financial services sector with a focus on the Short Term Insurance Industry, Santam Limited, South Africa’s largest general insurer, established the Santam Bursary Scheme as part of its Skills Development Academy.

The Santam Bursary Scheme intends to produce a steady stream of skilled, capable, and high caliber graduate learners with core technical skills, behavioral and leadership competencies.

This in return makes bursary opportunities available to young talented individuals studying in areas such as actuarial science, agriculture, underwriting, hydraulics, and insurance assessment.

The initiative was established to ensure Santam builds a talent stream and South Africa has the required skills to grow our economy.


Will you be a second, third or final year undergraduate, or an Honours student next year? Are you keen on pursuing a career in the short-term insurance industry?

Santam and StudyTrust are pleased to invite you to apply for a bursary if your studies are focused on one of the study programmes listed below.



Students pursuing a Postgraduate Diploma, Bachelor’s degree, Honours degree in:

  • Accounting, Economics, Finance, Mathematics or Statistics
  • Actuarial, Computer or Data Sciences
  • Agriculture, Hydraulics or Information Technology
  • Chemical, Civil or Geomatics Engineering
  • Insurance, Law or Risk Management



The bursary will cover costs (capped) for the following:


  • Tuition
  • Accommodation
  • Books
  • Allowance
  • Laptops (if necessary)



The main criteria used in the selection of successful applicants are academic potential and motivation for a career with Santam.

Applicants must have achieved an average of 65% and above for their undergraduate degree and in the latest examinations (mid-year/June).

Specific criteria apply to Agricultural applicants. See below for more details before considering your application.

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