Are you passionate about mathematics and considering a career in actuarial science? The Liberty Bursary South Africa offers a fantastic opportunity for students who want to pursue a degree in actuarial science at a recognised South African university. This article will guide you through the application process, eligibility requirements, and the benefits of securing the Liberty Bursary.

    About Liberty Holdings Limited

    Liberty Holdings Limited, a giant in South Africa’s financial services sector, was founded in 1957 by Sir Donald Gordon under the name “Liberty Life Association of Africa Ltd.” Headquartered in Johannesburg, the company provides asset management, health products, and investment services. Today, Liberty operates in 18 countries across Africa, serving over 3 million individuals, families, and businesses.

    The Liberty Bursary Programme

    Liberty is offering a bursary programme aimed at students pursuing undergraduate degrees in Actuarial Science for the 2026 academic year. The bursary covers a wide range of expenses, from tuition fees to accommodation, meals, and travel allowances, depending on the student’s needs. What sets this bursary apart is the additional benefits students will receive, including career support, networking opportunities, and the chance to partake in vacation work.

    One of the most compelling reasons to apply for the Liberty Bursary is the guarantee of employment with Liberty upon graduation. This makes it a particularly appealing option for those serious about a career in the actuarial sciences.

    Fields Covered by the Liberty Bursary

    The Liberty Bursary is specifically aimed at students pursuing Actuarial Science. Actuarial Science involves the application of mathematical and statistical methods to assess risk in industries such as insurance, finance, and pensions. With a growing demand for actuarial professionals in South Africa and beyond, the Liberty Bursary provides a great opportunity to be part of this fast-growing field.

    Expenses Covered by the Liberty Bursary

    Students awarded the Liberty Bursary will have their education costs covered in the following areas:

    • Tuition Fees: Full coverage of your academic tuition.
    • Accommodation: Costs associated with staying in university dorms or rented accommodation.
    • Meals: A stipend for food expenses.
    • Travel Allowance: If applicable, to assist with travel costs related to attending university.

    Additionally, the bursary provides valuable career development opportunities such as support and networking throughout the course of the studies. There is also the opportunity to gain work experience through vacation work programs. The highlight of the bursary is the guaranteed employment at Liberty after graduation, ensuring that students don’t just gain an education, but a stable and promising career in the financial services sector.

    Eligibility Criteria for the Liberty Bursary

    Before applying for the Liberty Bursary, students must meet specific eligibility criteria. If you do not meet all the requirements, your application may not be considered. Here are the key eligibility conditions:

    1. South African Citizenship: Applicants must be South African citizens, either by birth or descent.
    2. Matric Completion: Applicants must have completed their matriculation (high school) education.
    3. Full-time Studies: The bursary is available only to students studying full-time towards an Actuarial Science degree at a recognised and accredited South African university.
    4. Academic Progression: Applicants must be entering their second or higher year of study in 2026. This bursary is not available to first-year students.
    5. Academic Excellence: A strong academic record is essential. Students must have:
      • Achieved a minimum of 65% for actuarial and mathematical modules.
      • Maintained a minimum overall average of 60%.
    6. Leadership Skills: Liberty seeks students with demonstrated leadership potential. Those with experience in extracurricular activities such as sports, debate clubs, or academic competitions will have a competitive advantage.

    These requirements ensure that only the most committed and capable students are selected, giving you a competitive edge in the job market once you graduate.

    Also check: MQA Bursary Scheme Programme (2026)

    How to Apply for the Liberty Bursary

    Applying for the Liberty Bursary is a straightforward process, but it requires attention to detail and adherence to the instructions. Follow these steps to apply:

    1. Create an Account: Before you can apply, you must register an account on the Liberty bursary portal.
    2. Complete the Application Form: Once you’ve registered, log in and fill out the online application form.
    3. Submit Supporting Documents: Make sure you include all required documentation. The submission of the following documents is mandatory:
      • Certified Copy of Your ID: Proof of South African citizenship.
      • Certified Copy of Your Matric Certificate: Evidence of completion of your high school education.
      • Full Tertiary Academic Record: Transcripts from your university, showing your current academic progress.
      • Proof of Extracurricular Activities: If applicable, provide evidence of your involvement in activities such as sports, clubs, or societies.
    4. Review and Submit: Double-check all your documents and application details to ensure they are accurate and complete. Submit your application before the deadline.

    Key Dates to Remember

    The closing date for the Liberty Bursary application for the 2026 academic year is 30 August 2025. Make sure to submit your application before this date to avoid disqualification. Late submissions will not be considered.

    Contact Information

    If you have any questions or need assistance with the application process, you can contact Liberty directly:

    Also check: Essential Documents for a Successful Bursary Application in 2025: Your Ultimate Checklist!

    The Liberty Bursary South Africa is an incredible opportunity for students pursuing a career in Actuarial Science. With comprehensive financial coverage, a guaranteed job upon graduation, and the chance to develop professionally, this bursary can pave the way for a successful career in one of South Africa’s most in-demand fields.

    If you meet the eligibility criteria and are passionate about making a mark in the world of actuarial science, apply for the Liberty Bursary today. Don’t miss out on the chance to turn your academic dreams into reality and build a successful future with Liberty.

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