Unlock Your Future: Apply for the Sasria Bursary Scheme 2026!
Are you a high-achieving South African matriculant dreaming of a university education but facing financial hurdles? The Sasria Bursary Scheme 2026 could be your gateway to a brighter future. Sasria SOC Limited, a vital state-owned insurer in South Africa, is committed to investing in young talent by offering comprehensive bursaries for undergraduate studies in key financial and insurance-related fields.
What is Sasria and Why Their Bursary Matters
Sasria SOC Limited is unique in South Africa, providing special risk insurance cover against events like civil unrest, riots, strikes, and public disorder – risks that standard insurance policies typically exclude. This crucial role makes them an essential part of the nation's economic stability. Beyond their core business, Sasria demonstrates its commitment to social investment through its bursary program, aiming to empower academically strong, financially deserving students to pursue tertiary education. This initiative not only transforms individual lives but also helps build a skilled workforce for South Africa’s financial and insurance sectors.
Who Can Apply? Essential Eligibility Criteria for Sasria Bursary 2026
Meeting all eligibility requirements is critical for your application to be considered. Here’s a breakdown of what Sasria is looking for:
- You must be a South African citizen with a valid ID.
- Applicants should be between 16 and 20 years old.
- Successful completion of Grade 12 (Matric) is mandatory.
- A strong academic record is crucial: you need a minimum overall average of 70% in Matric.
- Mathematics (not Mathematical Literacy) is a compulsory subject requirement for all applicants.
- Your total household income must not exceed R600,000 per annum.
- You must not be related to any current Sasria employee.
Tip for applicants: Double-check each criterion before applying. Incomplete applications or those not meeting all requirements will unfortunately be disqualified.
Fields of Study Supported by the Sasria Bursary
The Sasria Bursary is strategically aligned with the skills needed in the insurance and financial services industry. If your passion lies in any of these areas, this bursary could be perfect for you:
- Insurance or Risk Management
- Mathematics or Statistics
- Finance
- Accounting or Economics
- Computer Science or Information Technology
All studies must be for a bachelor’s degree at a recognised public South African university or university of technology.
Understanding Full vs. Partial Bursaries
Sasria offers flexibility to best suit your financial needs. During the application process, you’ll need to specify whether you require a:
- Full Bursary: Covering tuition fees, accommodation, prescribed books, and a living allowance.
- Partial Bursary: Covering specific costs, such as tuition fees only or accommodation only.
Make an honest assessment of your financial situation to determine which option is most appropriate for you.
Essential Supporting Documents for Your Application
Ensure all your documents are correctly prepared, certified (not older than three months), and scanned within the 8 MB file size limit per upload. An incomplete application will not be processed.
- Certified copy of your South African ID.
- Proof of residence.
- Certified copy of your latest Grade 12 results (or Matric certificate if already completed).
- Certified ID copies of your parent(s) or guardian(s).
- Proof of income for parent(s) or guardian(s) (e.g., latest payslips). If unemployed, an affidavit confirming unemployment is required.
- If self-employed, an affidavit and 3 months' bank statements.
- If a parent/guardian is deceased, a certified copy of the death certificate.
- If you live alone, an affidavit confirming your living situation.
How to Apply for the Sasria Bursary 2026
The application process for the Sasria Bursary 2026 is entirely online and user-friendly. While the direct link is usually provided on Sasria’s official career or bursary page, ensure you access it directly from a trusted source to avoid scams.
The online application typically involves several sections:
- Eligibility Screening: To ensure you meet the basic requirements.
- Personal and Student Details: Your contact information and academic history.
- Academic Details: Detailed information about your Matric subjects and results.
- Parent/Guardian Information: Details about your parents or guardians.
- Financial Information: To assess your financial need for the bursary.
- Short Survey: General feedback or additional questions.
Final Advice: Take your time to complete each section accurately and thoroughly. Gather all necessary documents beforehand. A well-prepared and accurate application significantly increases your chances of success. Don't miss this opportunity to secure funding for your higher education journey in South Africa!
