South African Actuaries Development Programme (SAADP) Bursaries For 2026. The South African Actuaries Development Programme (SAADP) is once again opening doors for ambitious and academically talented youth through its SAADP Bursaries for 2026. This comprehensive bursary initiative is a lifeline for financially needy students in South Africa who dream of pursuing Actuarial Science at some of the nation’s leading universities. If you’re determined to enter this competitive and rewarding field, this could be your golden opportunity.
What is the SAADP Bursary 2026?
The SAADP Bursary is a full financial aid package offered to Black and Coloured South African students who aspire to become actuaries. It is not just a scholarship it is a holistic support programme that empowers students academically, financially, emotionally, and professionally throughout their university journey.
Applicants must intend to study at one of SAADP’s partner institutions:
- University of Cape Town (UCT)
- University of Pretoria (UP)
- University of the Witwatersrand (WITS)
These universities are known for their excellence in Actuarial Science education and are crucial partners in the success of the bursary programme.
What Does the SAADP Bursary Cover?
Unlike most traditional bursaries, the SAADP Bursary 2026 offers multi-dimensional support, ensuring students thrive both academically and personally. Here what successful applicants can expect:
| Type | Details |
|---|---|
| Financial Support | Covers tuition fees, residence fees, textbook allowance, meals, and a living allowance. |
| Psychosocial Support | Includes mentorship, life skills workshops such as CV writing, goal setting, interviewing, and time management. |
| Academic Support | Offers tutorials, exam prep sessions, academic workshops, industry-led seminars, and vacation work opportunities. |
This all-encompassing package ensures students receive both the technical skills and life skills necessary to become competent, confident professionals in the field of Actuarial Science.
Who Should Apply?
To qualify for this prestigious programme, applicants must meet specific eligibility criteria. These ensure that the bursary reaches students who are most likely to benefit from it and succeed in the demanding field of Actuarial Science.
Basic Eligibility Requirements
- Must be a South African citizen
- Must be Black or Coloured
- Currently in Matric or enrolled in 1st, 2nd, or 3rd year of university
- Must be financially needy
Academic Requirements
- Minimum of 80% in Mathematics (not Mathematical Literacy) in Matric
- Minimum of 80% in Physical Science
- Minimum of 80% in English
Additional Requirements
- Must be studying or intending to study Actuarial Science or a closely related degree in 2026
- Must have applied to or been accepted at UCT, UP, or WITS
- Must have written or registered for the National Benchmark Test (NBT)
- Must demonstrate a passion for Actuarial Science
- Must have reliable internet access, an active email address, and a cellphone number
SAADP Bursary 2026 Application Timeline
Stage | Timeline |
|---|---|
| Applications Open | Early 2025 |
| Application Deadline | 31 August 2025 |
| Shortlisting and Interviews | September – October 2025 |
| Final Selections and Notifications | November 2025 |
| Registration at University | January – February 2026 |
How to Apply for the SAADP Bursary 2026
The application process is straightforward but competitive. Here’s what you need to know:
Application Deadline:
- 31 August 2025
Application Method:
- Download the application form from the official SAADP website or use the link provided in official notices.
- Complete all sections of the form accurately.
- Attach all required supporting documents (you can request a checklist if needed).
- Submit via email to: [email protected]
Important Notes
- Incomplete or late applications will not be considered.
- Double-check your eligibility criteria before applying.
- Make sure all supporting documents are attached to avoid disqualification.
Benefits of the SAADP Beyond Funding
What sets SAADP apart is its commitment to developing the whole student. With mentorship, workshops, seminars, and academic support, bursars are not just studying Actuarial Science they are being groomed into future leaders and top-performing professionals.
These value-added support systems often make the difference between merely surviving university and truly thriving.
FAQs About SAADP Bursary 2026
What does the SAADP Bursary cover?
The SAADP Bursary covers full tuition, residence, textbooks, living costs, and includes academic, psychosocial, and professional development support.
Who can apply for the SAADP Bursary?
Only Black or Coloured South African citizens who are financially needy and intend to study Actuarial Science at UCT, UP, or WITS can apply. Applicants must also meet strong academic requirements, especially in Maths, Science, and English.
When is the deadline for SAADP Bursary applications?
The deadline for the 2026 intake is 31 August 2025. Late or incomplete submissions are not accepted.
Conclusion
Absolutely. If you’re a high-performing learner with a passion for numbers, data, and risk management, this bursary is your chance to break into a high-reward career. With full financial assistance, robust support structures, and connections to industry professionals, SAADP empowers students not just to graduate, but to lead.
