Sanlam, a leading financial services group in South Africa, proudly announces its esteemed Sanlam Bursary for the academic year 2024/2025. This article aims to empower deserving students with the necessary support to realize their academic ambitions and shape a brighter future for themselves and their communities.

Minimum Requirements

To be eligible for the Sanlam Bursary, applicants must meet certain requirements and criteria, including but not limited to:

  • South African citizenship or permanent residency.
  • Academic excellence, as demonstrated by high academic achievements and performance.
  • Financial need, as determined by the bursary selection committee.
  • Leadership potential, extracurricular involvement, and a commitment to community service.
  • Enrolment or acceptance into a recognized tertiary institution or program.

Procedures and Processes:

The application process for the Sanlam Bursary typically involves the following steps:

  • Application Submission: Interested candidates are required to complete and submit an online application form, providing relevant personal, academic, and financial information.
  • Document Verification: Applicants may be asked to submit supporting documents, such as academic transcripts, proof of income, and letters of recommendation, to verify their eligibility and credentials.
  • Selection and Interview: Shortlisted candidates may be invited to participate in interviews or assessments to further evaluate their suitability for the bursary program.
  • Notification and Award: Successful applicants will receive formal notification of their selection and the terms of the bursary award, including the amount of financial assistance and any additional requirements or conditions.
  • Acceptance and Enrolment: Recipients are required to accept the bursary offer and fulfil any remaining administrative requirements, such as enrolment in their chosen academic institution.

Benefits of the Sanlam Bursary:

The Sanlam Bursary offers a wide array of benefits tailored to facilitate the academic journey of recipients. These benefits include:

  • Financial Assistance: Covering tuition fees, textbooks, accommodation, and other related expenses, the bursary provides comprehensive financial support to alleviate the burden of educational costs.
  • Mentorship Programs: Recipients gain access to experienced mentors who provide guidance, support, and valuable insights to navigate academic and professional challenges.
  • Networking Opportunities: Through workshops, seminars, and networking events, students can connect with industry professionals, potential employers, and peers, expanding their professional networks and enhancing their career prospects.
  • Personal Development: The bursary program offers opportunities for personal growth, leadership development, and skills enhancement through workshops, training sessions, and experiential learning activities.

Duties and Responsibilities:

While the Sanlam Bursary offers substantial support, recipients are expected to fulfil certain duties and responsibilities to maximize the benefits of the program. These responsibilities may include:

  • Maintaining Academic Excellence: Recipients are required to maintain a satisfactory academic performance throughout the duration of their studies, ensuring that they meet the academic standards set by their respective institutions.
  • Active Participation: Engaging actively in mentorship programs, networking events, and other extracurricular activities is encouraged to make the most of the opportunities provided by the bursary.
  • Giving Back: Recipients are encouraged to give back to their communities through volunteering, mentorship, or other forms of community engagement, embodying the spirit of social responsibility and civic duty.
  • Reporting and Evaluation: Regular reporting and evaluation may be required to assess the progress and impact of the bursary program, enabling continuous improvement and optimization of resources.

How To Apply

To complete your online application successfully, it’s mandatory to submit the following documents. Missing any of these documents may result in disqualification:

For Current Undergraduate Students:

  1. A copy of your ID, passport, or valid study visa.
  2. Your full academic transcripts, printed on your institution’s letterhead.
  3. Proof of current registration and/or a Fee Statement, also on your institution’s letterhead.
  4. A copy of your Matric certificate.
  5. A comprehensive Curriculum Vitae emphasizing your academic achievements, extra-mural activities, and leadership skills.
  6. A motivational letter addressing five key questions: the role of an actuary, your interest in actuarial science, your potential to succeed as an actuary, why Sanlam should select you for a bursary, and your alternative career path if you don’t become an actuary.

For Current Matric Students:

  1. A copy of your final Grade 11 results.
  2. A copy of your Matric mid-year results.
  3. A copy of your NBT results.
  4. A comprehensive Curriculum Vitae focusing on your academics, extra-curricular activities, and leadership skills.
  5. A motivational letter similar to that required of undergraduate students, addressing the same five critical questions.

In conclusion, the Sanlam Bursary for the academic year 2024/2025 represent a beacon of hope and opportunity for aspiring students across South Africa. By providing comprehensive support, fostering personal and professional development, and promoting social responsibility, Sanlam continues to empower the next generation of leaders and change-makers, driving positive change and prosperity for all.