SASRIA (South African Special Risk Insurance Association) Bursaries 2024: Providing Financial Assistance for 10 Study Fields

About SASRIA (South African Special Risk Insurance Association)
The South African Special Risk Insurance Association, or simply referred to as SASRIA, is an enterprise owned by the state that offers substantial coverage and short-term insurance services for particular risks and situations. SASRIA has been the go-to entity when the damages are inflicted by special risks, which includes riots, terrorism, malicious acts, and disorderly conduct in public. The entity has more than 40 years of experience under their belt, starting their operations since the demonstrations of the 1976 Soweto Uprising. Throughout the years, SASRIA is responsible for securing the financial means to cover losses from unforeseen events in the country.

Reporting directly to the National Treasury, SASRIA has been legitimately recognized under the 3B of the Public Finance Management Act No. 1 of 1999. The company has been able to sustain itself by putting a great emphasis on research and investigation of the risks that could leave a significant impact on the country’s national interest. These insurance plans works wonders on different clients, ranging from public companies, small SMEs, private customers, and more. SASRIA has been a key player in providing real-time change into the country’s economic growth and social environment. Affordable and accessible, SASRIA is a leading business that makes a great example in the financial services industry.

About the SASRIA (South African Special Risk Insurance Association) Bursaries 2024
The South African Special Risk Insurance Association is offering bursaries for academically talented individuals in the country to pursue their education. The SASRIA (South African Special Risk Insurance Association) Bursaries is an effort taken by the entity to invest into current generations of learners. The company has high hopes that younger citizens will be motivated enough to attain their undergraduate university degree without having to think about the expenses that come with it. In return, bursars graduate as capable members of society that will leave positive contributions towards their local communities.

Candidates of the SASRIA (South African Special Risk Insurance Association) Bursaries are expected to maintain an impressive academic track record to proceed with the registration. Additionally, it is advised that candidates possess leadership qualities that make them an even more qualified representative of the bursary programmes. Having valuable personal attributes will put you in a better spotlight during the registration period.

The SASRIA (South African Special Risk Insurance Association) Bursaries is currently available for these study fields below:

  • Mathematics
  • Business Economics
  • Investments
  • Finance
  • BSc Information Technology
  • BIT-Bachelors of Information Technology
  • Business Science
  • Insurance
  • Accounting

Eligibility Criteria
As previously mentioned, candidates of the SASRIA (South African Special Risk Insurance Association) Bursaries must demonstrate certain qualities that make them an ideal candidate. Interested candidates must tick off all of these items in the eligibility criteria below. Each of these items will be used by the selection committee to assess all incoming candidates on a fair basis. Failure to fulfill all these items will automatically disqualify your from the registration period. Keep a personal note of the requirements for reference in the future.

The SASRIA (South African Special Risk Insurance Association) Bursaries Eligibility Criteria are as listed below:

  • Officially recognized as a citizen of South Africa
  • Between the ages of 18-35
  • Finished their Matric qualification or is currently the midst of Matric
  • Currently pursuing or is planning to pursue a full-time undergraduate degree qualification
  • Minimum an average B symbol (70%) in Matric
  • Applying for First year in 2024 academic year
  • May only apply once
  • Incomplete and late applications will not be considered
  • Must be studying towards either one of the fields mentioned above
  • Note: candidates who already have a National Senior certificate in their possession must receive a minimum B symbol.

Application Instructions
Apply online: SASRIA (South African Special Risk Insurance Association) Bursaries 2024.

After you have downloaded the official application form, skim through the queries. Fill in the boxes with the appropriate personal details. Kindly be informed that all provided information will be subjected to strict verification by the selection committee. Candidates discovered to be falsifying any aspects of their applications will be disqualified from the programme.

In addition to the application form, candidates must also provide this list of documents as well:

  • A letter of accepted issued by the institution
  • Available academic track records
  • A valid copy of your Identity Document
  • A valid copy of your parents’/guardian’s Identity Document
  • Legitimate proof of household income from your parents or guardians
  • Your most recent financial statements that indicates the monthly income (for self-employed parents or guardians)
  • Matric Certificate (if applicable).

Your application dossier should contain all of the items above. Failure to provide complete documents will cause your application to be disqualified as well.

Once everything is settled, send in your application either through postal carriage or email:
Postal Carriage:
Sasria SOC Limited
CSI Department
P.O. Box 653367
(Attention: Sasria Bursary Application)

Email: [email protected] (insert “Sasria Bursary Application – Your Full Name” in the subject line of the email).

Submissions made through other methods, such as hand delivery or fax, will not be entertained by the selection committee. A submission of the applications does not automatically guarantee you acceptance of the bursary programmes.

Closing Date
Applications for the SASRIA (South African Special Risk Insurance Association) Bursaries must be submitted before the closing date on 07 January 2024 12:00.

The selection committee does not accept applications sent past the deadline. Late submissions will automatically be rejected from the registration process.

The South African Special Risk Insurance Association reserves all rights to make an appointment or not. All decisions made by the selection committee are final.

Committee Details
Send in your questions or concerns regarding the SASRIA (South African Special Risk Insurance Association) Bursaries through the contact information provided below:
Telephone Number: +27 11 214 0800
Fax: +27 11 447 8630
Email: [email protected]


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