Overview
Company: OUTsurance
Faculty: Faculties of Business
Type: Undergraduates and Postgraduates
Posted: 30 September 2026
Expires: 09 October 2026
About the company
OUTsurance is a South African insurance company offering short‑term, life, and business insurance products.
Eligibility Criteria
Eligibility is based on citizenship, academic performance, and financial need as outlined by the bursary provider.
- South African citizenship with a valid ID
- Must be studying in a public institution
- Must not be funded at the time of application
- Must be between 16 - 25 years
- Minimum academic performance (often 60%+ in key subjects)
Documents
Employers rely on certified IDs, CVs, and qualifications to confirm a candidates identity and background.
- Bank account confirmation letter
- Tertiary transcripts or qualification certificates
- Motivation letter or Cover letter
- Passport photo
- Certified ID copy
Bursary Benefits/Covers
Bursaries typically cover tuition, registration, study materials, and sometimes accommodation or living allowances.
- Laptop or device support
- Monthly stipend for personal needs
- Accommodation (on-campus or private)
- Paid internships during or after studies
- Transport allowance for commuting students
Bursary Rules
Recipients must maintain academic progress, comply with bursary conditions, and use funds only for approved study costs.
- Misuse of bursary money can lead to cancellation
- Cannot hold two full bursaries at the same time
- Some bursaries require community service or work-back contracts
- Must study full-time at an accredited institution
- Funds must be used only for approved study costs
Please Note:
Applications are screened for eligibility (citizenship, income, academic results).
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