2025 SAADP Bursary Opened

The South African Actuaries Development Programme(SAADP) has opened its 2025 Bursary program and is inviting all applicants to apply. All interested applicants should apply using the details below.

APPLICATION CLOSING DATE: 31 August 2025.

The bursary is awarded each year for studies towards an Actuarial Science qualification (Bachelor of Science Degree & Bachelor of Economic Science Degree), only at one of the SAADP partner universities: UCT, UP or WITS.
 

MORE ABOUT THE SAADP BURSARY PROGRAMME – RENEWABILITY & COVERAGE VALUE

Bursaries are renewable each year based on academic performance and availability of funds.

The bursary will provide cover for the following expenses: tuition fees, textbooks allowance, accommodation in residence, meal allowance, and a living allowance.

Over and above the monetary coverage, students will also receive mentorship; additional tutorials; academic and social support from full-time programme Managers located at the partner universities.
 

ABOUT THE SAADP BURSARY PROGRAMME – APPLICATION AND SELECTION PROCESS

All candidates will receive acknowledgment of their application via email or SMS, once their application has been received.

  • Step 1: applications will be screened to ensure they meet the basic requirements (the application was submitted before the deadline, in full, with all the required supporting documents and you met the university requirements),
  • Step 2: the Selection Committee screens applications (this is external to the SAADP) and submit a list of shortlisted candidates to the SAADP (students who have been rejected at this stage will be notified via email or SMS),
  • Step 3: Matric students will be required to submit their final matric results – the final screening will be based on your matric results and candidates who have not been successful wil be notified,
  • Step 4:
    • – Matric students who have been approved will be invited to a selection interview, held by the Selection Committee (this is external to the SAADP), at WITS,
    • – University students who have been approved will be assessed by the Selection Committee (this is external to the SAADP), in a special meeting in December, after the final exam results are released,
  • Step 5: successful candidates will be notified.

ELIGIBILITY REQUIREMENTS FOR THE SAADP BURSARY

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
Matric/ Grade 12 students:

  • You must be a South African citizen
  • You must be currently in Matric
  • You must achieve a minimum result of 80% for Mathematics in Matric
  • You must achieve a minimum result of 80% for Physical Science in Matric
  • You must achieve a minimum result of 80% for English in Matric
  • You must intend on studying towards an Actuarial Science qualification (entering your 1st year of study in 2025)
  • You must have applied to study at one of the SAADP partner universities: University of Cape Town, University of Pretoria or University of the Witwatersrand (to increase your chances of university acceptance, students are encouraged to apply to all 3 universities) (studies at any other university will NOT be accepted)
  • Students from commercial streams: you must apply to study Actuarial Science at UCT (UCT accepts students without Physical Science)

University students:

  • You must be a South African citizen
  • You must be from a previously disadvantaged background
  • You must be currently studying towards an Actuarial Science qualification
  • You must have achieved excellent academic results for your 1st, 2nd or 3rd year of study
  • You must achieve a minimum result of 70% in all major subjects
  • You must be studying at one of the SAADP partner universities: University of Cape Town, University of Pretoria or University of the Witwatersrand
  • Students pursuing studies at other universities: you may apply if you also applied to and were accepted to one of the SAADP partner universities, towards an Actuarial Science qualification (but you turned down the offer and selected another university)

HOW TO APPLY FOR THE SAADP BURSARY

Download and complete the application form in either of the following formats:
SAADP Bursary Application Form 2025 (.xlsx)
SAADP Bursary Application Form 2025 (.pdf)
 

Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
Matric/ Grade 12 students:

  • ID document (certified copy)
  • 1 x recent photograph (passport sized)
  • Grade 11 end of year results (certified copy)
  • Grade 12 June results (certified copy)
  • National Benchmark Tests results (to be submitted by 31 August at the latest, via the fax number below)

University students:

  • ID document (certified copy)
  • 1 x recent photograph (passport sized)
  • Full academic transcripts, including most recent results (on institutions letterhead)

Applications must be submitted in one of the following ways:
1) Email: applications@saadp.co.za
(Insert the words “SAADP Bursary Application – Your Full Name” in the email subject line).

2) Post or courier:
PO Box 2460
Houghton
2041

3) Hand delivery:
60 Riviera Road
Office 115 Killarney Mall Office Towers
Houghton
Johannesburg
2041
 

CLOSING DATE FOR THE SAADP BURSARY

31 August 2025.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
 

CONTACT THE BURSARY PROVIDER

For any queries related to this bursary programme, please contact the SAADP directly:
Tel: 011 642 2202
Fax: 011 486 1859 / 086 635 2372
Email: applications@saadp.co.za

Or contact the Programme Manager at your university (they will ensure that bursary recipients receive academic and psychosocially support):
University of the Witwatersrand:
Tel: 011 717 6296
Email: moses.mkhize@wits.ac.za
Physical address: West Campus, 2nd Floor, School of Actuarial Science, T. W. Kambule Mathematical Building

University of Pretoria
Tel: 012 420 6664
Email: refilwe.lehobo@up.ac.za
Physical address: Corner of Lynnwood Road and Roper Street, Hatfield Campus, Department of Actuarial Science, Office 1 -19 Mathematics Building, 1st Floor

University of Cape Town: they do not have a full-time Programme Manager, students must enquire with the SAADP Head Office
Tel: 011 642 2202
Email: nokwanda@saadp.co.za
Physical address: Level 5, Robert Leslie Commerce Building on Upper Campus, University of Cape Town


Overview of Public Universities in South Africa

Here's an overview of some public universities in South Africa, including general admissions requirements and estimated application periods. Keep in mind, specific program requirements and dates can vary significantly, so it's important to check each university's official website for the most current information.

University of Pretoria

  • Admissions Requirements: National Senior Certificate with minimum scores in specific subjects related to the chosen program; for international students, equivalent qualifications.
  • Application Period: Usually opens in March and closes at the end of July for most programs.

University of Cape Town

  • Admissions Requirements: National Senior Certificate with pass levels required for degree study; subject-specific requirements depending on the program.
  • Application Period: Application opens in April and closes at the end of July.

Stellenbosch University

  • Admissions Requirements: National Senior Certificate with required marks; some programs have additional testing.
  • Application Period: Opens in March and typically closes at the end of June.

University of the Witwatersrand

  • Admissions Requirements: Matriculation certificate with university exemption; required scores vary by faculty.
  • Application Period: Begins in March and ends on the 30th of September.

University of Johannesburg

  • Admissions Requirements: Matric exemption with a minimum APS score; specific subject requirements based on the faculty.
  • Application Period: Opens in April and generally closes by the 30th of September.

University of the Free State

  • Admissions Requirements: National Senior Certificate with specific marks for the program applied to; additional requirements for certain courses.
  • Application Period: Typically opens in April and closes at the end of August.

University of Venda

  • Admissions Requirements: Completion of the National Senior Certificate with an endorsement for diploma or degree studies; specific APS scores needed.
  • Application Period: Usually from May to September.

University of Fort Hare

  • Admissions Requirements: National Senior Certificate with university exemption; certain programs may have specific requirements.
  • Application Period: Opens around May and closes at the end of September.

University of the Western Cape

  • Admissions Requirements: National Senior Certificate with specific performance levels; additional requirements for certain programs.
  • Application Period: Generally from May to September.

North-West University

  • Admissions Requirements: National Senior Certificate with university exemption; program-specific requirements may apply.
  • Application Period: Opens in March and usually closes by the end of August.

Rhodes University

  • Admissions Requirements: National Senior Certificate or equivalent; minimum academic performance in certain subjects.
  • Application Period: Applications open in April and close at the end of September.

Nelson Mandela University

  • Admissions Requirements: National Senior Certificate with required scores for chosen programs; portfolio or additional tests for some faculties.
  • Application Period: Opens in April, with a deadline at the end of August for most programs.

Cape Peninsula University of Technology

  • Admissions Requirements: National Senior Certificate with specific scores; additional requirements for certain courses.
  • Application Period: Opens in May and typically closes by the end of September.

University of Limpopo

  • Admissions Requirements: Senior Certificate with endorsement for diploma or degree courses; specific APS scores for different programs.
  • Application Period: From April to September.

University of Zululand

  • Admissions Requirements: National Senior Certificate with an endorsement for bachelor’s degree studies; specific score requirements for various programs.
  • Application Period: Usually between April and November.

Central University of Technology

  • Admissions Requirements: National Senior Certificate with specific scores for the chosen field of study; additional criteria for certain programs.
  • Application Period: Application period generally starts in May and ends in October.

Vaal University of Technology

  • Admissions Requirements: National Senior Certificate with a pass that qualifies for admission to bachelor’s degree, diploma, or higher certificate programs.
  • Application Period: Typically from May to September.

Walter Sisulu University

  • Admissions Requirements: National Senior Certificate with required scores for chosen programs; additional criteria for certain faculties.
  • Application Period: From April to September.

This list provides a starting point for understanding the admissions landscape across South Africa's diverse higher education institutions. Given the variability in programs and requirements, it's crucial to consult each university's website for the most accurate and up-to-date information.