Sasria is a public enterprise listed under schedule 3B of the Public Finance Management Act No 1 of 1999. We are a non-life insurance company that provides coverage for damage caused by special risks such as politically motivated malicious acts, riots, strikes, terrorism and public disorders.
Our journey began over 40 years ago, after becoming inspired by courageous young people who shaped the course of history for South Africans through a series of demonstrations and protests known as the 1976 Soweto Uprising. View our milestones.
What Is the Sasria Bursary Programme?
The Sasria Bursary Programme is a financial aid initiative designed to support South African undergraduate students studying at accredited public institutions. The programme focuses on developing scarce and critical skills that align with Sasria’s operational and strategic needs.
Fields of Study Funded by the Sasria Bursary
The bursary generally supports undergraduate qualifications in fields such as:
-
Insurance / Risk Management
This field focuses on:
- Risk identification and mitigation
- Insurance underwriting
- Claims management
- Policy structuring
- Regulatory compliance
Graduates in this field often work in:
- Insurance companies
- Financial institutions
- Corporate risk departments
- Government risk advisory units
-
Mathematics / Statistics
If you are strong in mathematics, this pathway can lead to careers in:
- Actuarial science
- Data science
- Quantitative analysis
- Risk modelling
- Financial forecasting
These are some of the highest-paying analytical careers in South Africa.
-
Finance / Accounting / Economics
This stream prepares students for roles such as:
- Chartered Accountant (CA)
- Financial Analyst
- Auditor
- Investment Analyst
- Economic Researcher
The financial sector remains one of South Africa’s strongest employment pillars.
-
Computer Science / Information Technology
Technology is transforming and finance through:
- Artificial intelligence
- Cybersecurity
- Data analytics
- Automation
- Digital insurance platforms
An IT degree in this context can lead to careers such as:
- Software Developer
- Systems Analyst
- IT Auditor
- Cybersecurity Specialist
- FinTech Developer
Sasria’s inclusion of IT shows they understand the future of insurance is digital.
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Sasria Bursary 2026 Requirements
To qualify, applicants must:
- Be a South African citizen
- Be between 16 – 20 years old
- Have completed matric
- Be applying for funding for the first year of a bachelor’s degree
- Intend to study in one of the approved fields
Important: This bursary is specifically for first-year students. If you are already in second or third year, this particular intake may not apply to you.
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Common required documents include:
-
Certified copy of South African ID
-
Latest academic transcripts
-
Proof of registration or acceptance
-
Motivation letter
-
Proof of household income
Late or incomplete applications are usually not considered.
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What Does a Bursary Like This Cover?
Successful applicants may receive funding for:
- Tuition fees
- Prescribed textbooks
- Accommodation (where applicable)
- Living allowance (in some cases)
Always check the official Sasria bursary communication for detailed coverage and terms.
How to Apply for the Sasria Bursary Programme 2026
APPLY FOR THE SASRIA BURSARY PROGRAMME 2026 HERE
Frequently Asked Questions (FAQs)
What is the Sasria Bursary Programme?
It is a financial aid programme supporting undergraduate students in fields aligned with Sasria’s business needs.
Who funds the Sasria Bursary Programme?
The programme is funded by Sasria SOC Ltd.
Is the bursary available for 2026?
Yes, the Sasria Bursary Programme is open for the 2026 academic year.
Who is eligible to apply?
South African undergraduate students studying at public universities.
Can first-year students apply?
Yes, provided they meet the minimum academic requirements.
Does the bursary cover full costs?
It can cover tuition, books, and accommodation depending on individual needs.
Is the bursary renewable?
Yes, subject to satisfactory academic performance.
Which fields of study are funded?
Fields related to insurance, finance, law, IT, economics, and risk management.
Can TVET students apply?
The bursary mainly supports university undergraduate programmes.
Is there an age limit?
There is no strict age limit, but undergraduate status is required.
Do I need work experience?
No prior work experience is required.
How are applicants selected?
Selection is based on academic merit and financial need.
Are students with disabilities encouraged to apply?
Yes, inclusive applications are encouraged.
Can I apply if I already have another bursary?
This depends on the terms of the other bursary.
Is a motivation letter required?
Yes, it forms an important part of the application.
Where do I apply?
Applications are submitted through Sasria’s official online platforms.
Is the bursary paid directly to students?
Payments are usually made to the institution.
What happens if I fail my studies?
The bursary may be withdrawn if academic requirements are not met.
Does Sasria offer employment after graduation?
Employment is not guaranteed, but opportunities may arise.
When should I apply?
Applicants should apply as soon as applications open to avoid missing deadlines.
