Published: 20 September 2026
Overview
Company: Santam
Faculty: Faculties of Business
Type: Undergraduates
Posted: 20 September 2026
Expires: 30 September 2026
About the company
Santam is South Africa’s largest short-term insurer, providing insurance solutions for individuals and businesses.
Eligibility Criteria
Eligibility is based on citizenship, academic performance, and financial need as outlined by the bursary provider.
Must be studying in a public institution
Minimum academic performance (often 60%+ in key subjects)
Must not be funded at the time of application
Matric certificate or current Grade 12 results
Must be between 16 - 25 years
Documents
Employers rely on certified IDs, CVs, and qualifications to confirm a candidates identity and background.
Medical aid or health insurance card (if applicable)
Passport photo
Proof of residence
Motivation letter or Cover letter
Bank account confirmation letter
Bursary Benefits/Covers
Bursaries typically cover tuition, registration, study materials, and sometimes accommodation or living allowances.
Monthly stipend for personal needs
Full or partial tuition fees
Career guidance and mentorship programmes
Textbooks and study materials
Meals or food allowance
Bursary Rules
Recipients must maintain academic progress, comply with bursary conditions, and use funds only for approved study costs.
Cannot hold two full bursaries at the same time
Must provide progress reports or transcripts annually
Must pass all modules each semester
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.