Alexander Forbes Bursary 2027, Requirements & Application

Key facts

Status
Applications closed Closed 28 July 2020
Provider
Alexander Forbes
Study level
Undergraduate, Postgraduate
Academic year
2021
Last checked
September 2026

The last advertised cycle was for the 2021 academic year and closed on 28 July 2020, when 15 bursaries were awarded.

Keagan HendricksWritten by Keagan HendricksStaff Writer (Unisa Alumnus)
Naledi KhumaloReviewed & verified by Naledi KhumaloSenior Admissions and Bursaries EditorVerified
No open round · the last round we could find closed on 28 July 2020 Latest update ↓

Alexander Forbes, now branded Alexforbes, is a Johannesburg-listed financial services group that administers retirement funds, investments and employee benefits. It employs a large team of actuaries and, in partnership with the Insurance Sector Education and Training Authority (INSETA), it has in the past funded actuarial science students through a bursary with a work-back agreement.

Alexander Forbes Bursary eligibility requirements

  • South African citizen.
  • Registered for a BSc Actuarial Science degree at an accredited South African university.
  • Entering second, third, fourth or honours year. First-year students were not eligible.
  • An average of at least 60% in the previous academic year, with all subjects passed.
  • Demonstrated financial need.

What the bursary covered

The award was described as a full bursary for the remaining years of the degree. In return, bursars signed a bursary agreement with Alexander Forbes and INSETA and committed to work for the company after graduation for a period matching the years funded.

Alexander Forbes Bursary application process

In the 2021 cycle, applications were submitted online through the company’s recruitment portal on PNet, with these documents:

  • Certified copy of your ID.
  • Full academic record from the university.
  • Proof of registration for Actuarial Science.
  • A quote or fee statement for the year’s study costs.

If the bursary returns for 2027 it will be advertised on the Alexforbes careers pages and on the major bursary listing sites. We will update this page as soon as that happens.

Alexander Forbes Bursary closing date

The last confirmed closing date was 28 July 2020. There is no 2027 closing date because no intake has been announced.

Contact details

Actuarial bursaries to apply for in 2027

Actuarial science is one of the best-funded fields in South Africa, and most insurers run an annual bursary. For 2027 studies, Old Mutual closed on 30 May 2026 and Momentum on 31 August 2026, but Sanlam, Liberty, Discovery and the South African Actuarial Development Programme (SAADP) accept applications later in the year. Start with the Old Mutual actuarial bursary page, which also lists the other insurers’ intakes and closing dates.

FAQs

1. Is the Alexander Forbes bursary open for 2027? +
No. The last advertised cycle was for 2021 studies and closed on 28 July 2020. As of September 2026 Alexforbes has not advertised a new actuarial bursary intake. The company still runs a graduate development programme for honours graduates.
2. Who could apply? +
South African citizens already in second, third, fourth or honours year of a BSc Actuarial Science degree at a South African university, with an average of at least 60% and all subjects passed in the previous year, and with financial need.
3. How many bursaries were awarded? +
Fifteen, funded in partnership with the Insurance Sector Education and Training Authority (INSETA).
4. Was there a work-back obligation? +
Yes. Bursars signed an agreement with Alexander Forbes and INSETA and had to work for the company after graduating.
5. What did it cover? +
It was advertised as a full bursary covering tuition and related study costs.
6. What are the alternatives for 2027? +
Old Mutual (closed 30 May 2026), Momentum (closed 31 August 2026), Sanlam, Liberty and the SAADP programme all run annual actuarial bursaries. See our Old Mutual actuarial bursary page for the full list.
Update note (checked September 2026): the last advertised cycle was for the 2021 academic year and closed on 28 July 2020, when 15 bursaries were awarded. No new intake has been advertised since. Alexforbes continues to recruit honours graduates into its two-year Graduate Development Programme, which is the current route into the company for actuarial students. The bursary details below are from the last cycle.

This round is not open right now. Check the provider’s own site for the next round.

Visit the provider’s website

Leave a Reply

BursarySanlam IT Bursary 2027: How to ApplySanlam's IT bursary pays tuition, accommodation, books, travel and pocket money for top matriculants, with vacation work and a job at Sanlam…Closes 27 Sep 2026BursaryVolkswagen VWGA Bursary 2027: How to ApplyVolkswagen Group Africa, which builds the Polo in Kariega, funds engineering, IT, data, finance and business students with a laptop and vacation…Closes 28 Sep 2026BursaryDepartment of Agriculture Bursary 2027: How to ApplyFormerly DALRRD, the Department of Agriculture funds rural and low-income students in agricultural sciences, agricultural engineering and veterinary science.Closes 30 Sep 2026BursaryElsenburg EATI Bursary 2027, Requirements & ApplicationThe Western Cape agriculture department funds disadvantaged students at Elsenburg, its farm college near Stellenbosch, for farming and cellar careers.Closes 30 Sep 2026BursaryJohannesburg Water Bursary 2027: How to ApplyJohannesburg Water funds city students in engineering and water science, usually with a work-back. The Maths and Science marks you need.Closes 30 Sep 2026BursaryMultiChoice Bursary 2027, Requirements & ApplicationMultiChoice awards more than 230 bursaries a year in technology, engineering, data and finance, covering tuition, books, accommodation and meals.Closes 30 Sep 2026
Scroll to Top