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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

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

    βœ… Application readiness

    5 required documents for this bursary

    Tip: manage your full checklist on the bursary finder before applying to Discovery Bursary Programme.

    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?

    Applications are currently open. Visit the official website for the latest requirements and deadlines.

    All bursary applications are free. Never pay to apply.