South African Actuaries Development Programme (SAADP) Bursaries 2026

StudentRoom

2 weeks ago

South African Actuaries Development Programme (SAADP) invites South African students to apply for the SAADP Bursary 2026.

Bursary Application Closing Date: 31 August 2025
Bursary Location: South Africa (University of Cape Town, University of Pretoria, or University of the Witwatersrand)

About the SAADP Bursary 2026:
The South African Actuaries Development Programme is offering full bursaries for students pursuing Actuarial Science and related degrees at one of its partner universities: UCT, UP, or WITS. The bursaries are renewable each year, based on academic performance and available funding.

The bursary covers:

Financial Support:
- Tuition fees
- Textbook allowance
- Residence fees
- Meal allowance
- Living allowance
Psychosocial Support:
- Mentorship by senior students
- Life skills workshops (goal setting, time management, CV writing, interviewing skills)
Academic Support:
- Academic tutorials and extra classes
- Vacation work opportunities
- Actuarial seminars with industry experts
- Academic workshops and exam preparation sessions

Eligibility Requirements:

Must be a South African citizen
Must be Black or Coloured
Currently in Matric, 1st, 2nd, or 3rd year of study
Minimum 80% in Mathematics (not Maths Literacy) in Matric
Minimum 80% in Physical Science in Matric
Minimum 80% in English in Matric
Studying or intending to study Actuarial Science or a related degree in 2026
Must be accepted or applying to study at UCT, UP, or WITS
Must have written or registered for the National Benchmark Test (NBT)
Must have a passion for Actuarial Science
Must be from a financially needy background
Must have internet access, an active email address, and a cellphone number