Internships SA
South African Actuarial Development Programme (SAADP) Bursaries 2025
South African Actuarial Development Programme (SAADP) invites South African students to apply for Bursary Programme 2025 academic year.
Bursary Application Closing Date: 31 August 2024
The SAADP Bursary Programme is now accepting applications for the 2025 academic year, aimed at students pursuing an Actuarial Science qualification at one of the SAADP partner universities: University of Cape Town (UCT), University of Pretoria (UP), or University of the Witwatersrand (WITS).
Eligibility Requirements
For Matric/ Grade 12 Students:
- South African citizen
- Black or Coloured
- Currently in Matric
- Minimum of 80% in Mathematics (not Mathematics Literacy), Physical Science, and English
- Intent to study Actuarial Science in 2025
- Applied to study at UCT, UP, or WITS
- For commercial stream students, apply to UCT (without Physical Science requirement)
- Registered for the National Benchmark Test (NBT)
- Internet access, active email address, and cell phone number
- Potential to succeed academically in university
- Passion for Actuarial Science
- Financially needy background
For University Students:
- South African citizen
- Currently studying towards an Actuarial Science qualification
- In 1st, 2nd, 3rd, or Honours year of study in 2024
- Studying at UCT, UP, or WITS (students from other universities may apply if accepted into one of the partner universities)
- Excellent academic results
- Internet access, active email address, and cell phone number
- Passion for Actuarial Science
- Financially needy background
Application Process
- Download and complete the relevant application form:
Matric students: SAADP Bursary Application Form 2025 (.docx)
University students: SAADP Bursary Application Form 2025 (.docx) - Applications must be submitted via email to: applications@saadp.co.za
(Insert the words “SAADP Bursary Application 2025” in the email subject line).
Supporting Documentation
For Matric/ Grade 12 Students:
- Certified copy of ID document, Grade 10 and 11 final report, Matric term reports, and final statement of results/NSC certificate
- Acceptance/provisional admission letter from a partner university
- Two essays (about yourself and why you want to be an actuary)
- Parent’s death certificate or affidavit if applicable
For University Students:
- Certified copy of ID document
- Full academic transcripts
- Parent’s death certificate or affidavit if applicable
Bursary Coverage and Support
- Financial support: tuition fees, textbook allowance, residence fees, meal allowance, living allowance
- Psychosocial support: mentorship, life skills programme
- Academic support: tutorials, mentorship, vacation work, seminars, workshops, exam preparation sessions
Selection Process
- Pre-screening: Ensure applications meet basic requirements.
- Shortlisting: Applications screened by the Students’ Selection and Monitoring Committee.
- Submission of Results: Matric students submit final matric results.
- Selection Interviews: Conducted for shortlisted Matriculants.
