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Discovery Bursary Programme

Discovery Limited

Bursary Type

Full Bursary

Full tuition + R6,000/month living allowance

Discovery offers a high-value bursary for actuarial science, statistics, data science, and finance students. Merit-based with no financial need requirement.

What's covered

πŸŽ“TuitionπŸ’΅Living AllowanceπŸ“šBooksπŸ’ΌVacation Work

Full tuition, books, living allowance, and vacation employment

Open now Β· 64d remainingApply on Official Website

Eligibility at a Glance

Study Level

UndergradHonours

Available In

All Provinces (Nationwide)

Quick Facts

Workback requiredYes
Financial need requiredNo
NSFAS compatibleNo
Disability friendlyNo
SA citizenship requiredYes
Min academic average75%

About This Bursary

Discovery Bursary


Discovery is one of South Africa's leading financial services companies (Discovery Health, Discovery Bank, Vitality). Their bursary programme targets highly talented quantitative students.


This is a **merit-based bursary** β€” financial need is not a requirement, making it accessible to middle-income students who may not qualify for need-based programmes.


Bursary benefits:

  • Full tuition
  • Living allowance (one of the highest in the private sector)
  • Books
  • Vacation employment with Discovery (gaining real-world actuarial/data experience)
  • Mentorship from senior Discovery professionals

  • Target Students

    Discovery actively recruits top actuarial science, data science, and statistics students from across South Africa.

    Eligibility Requirements

    • South African citizen
    • Studying actuarial science, statistics, data science, finance, or computer science
    • Very strong academic record (75%+ average)
    • Interest in insurance, health, or financial services
    • Financial need NOT required (merit-based)

    How to Apply

    1. 1Visit discovery.co.za/careers or LinkedIn
    2. 2Find the bursary programme listing
    3. 3Apply online with academic transcripts
    4. 4Assessment centre and interview for shortlisted candidates

    Required Documents

    • SA ID
    • Matric results
    • Academic transcripts
    • Motivational letter
    • CV

    Frequently Asked Questions

    Is the Discovery bursary for actuarial students only?

    No, Discovery bursaries are also available for data science, statistics, computer science, and finance students.

    Do I need financial need to apply for the Discovery bursary?

    No, the Discovery bursary is merit-based. You don't need to demonstrate financial need, but you need an excellent academic record.

    Ready to Apply?

    Visit the official website for the most up-to-date application information and deadlines.

    Apply on Discovery Limited Website

    All bursary applications are free. Never pay to apply.