Published: 06 October 2026
Overview
Company: OUTsurance
Faculty: Faculties of Management Sciences
Type: Undergraduates and Postgraduates
Posted: 06 October 2026
Expires: 14 October 2026
About the company
OUTsurance is a South African insurance company offering short?term, life, and business insurance products.
Eligibility Criteria
Eligibility is based on citizenship, academic performance, and financial need as outlined by the bursary provider.
Minimum academic performance (often 60%+ in key subjects)
Must be in financial need
Must not be funded at the time of application
Must be between 16 - 25 years
Must be studying in a public institution
Documents
Employers rely on certified IDs, CVs, and qualifications to confirm a candidates identity and background.
Proof of income (parents or guardian)
Proof of acceptance or registration at a university/TVET college
Tertiary transcripts or qualification certificates
Certified ID copy
Passport photo
Bursary Benefits/Covers
Bursaries typically cover tuition, registration, study materials, and sometimes accommodation or living allowances.
Career guidance and mentorship programmes
Monthly stipend for personal needs
Paid internships during or after studies
Meals or food allowance
Transport allowance for commuting students
Bursary Rules
Recipients must maintain academic progress, comply with bursary conditions, and use funds only for approved study costs.
Attendance at compulsory workshops or training sessions
Must study full-time at an accredited institution
Some bursaries require community service or work-back contracts
Misuse of bursary money can lead to cancellation
Recipients must maintain academic progress, comply with bursary conditions, and use funds only for approved study costs.
Please note
Successful candidates are contacted via email, SMS, or phone call with an official award letter.