Key Facts
- Status
- Applications Closed
- Provider
- Field of Study
- Study Level
- Academic Year
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2027
- Application Closes
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Eligibility Requirements
- South African
- Studying, or planning to study, Actuarial Science
- Demonstrated financial need
- Registered at Wits, UCT, or UP only
- 1st, 2nd, 3rd year, or Honours level
Documents Needed
- Certified copy of South African ID
- Matric results or academic transcript
- Proof of registration or acceptance at Wits, UCT, or UP
- Proof of financial need
About South African Actuaries Development Programme Bursary
The South African Actuaries Development Programme (SAADP) Bursary, housed at Wits and run by the South African Actuaries Development Programme, funds Matric students entering first-year Actuarial Science and current Actuarial Science students at Wits, UCT, or UP.
Unlike most bursaries on this list, SAADP applications open extremely early - from 2 March - and stay open for seven months until 30 September. There's no advantage to waiting: applying as early as March, right when the portal opens, means your application is reviewed before the volume of late submissions builds up closer to the deadline.
Funding Details
This is a full-cost bursary covering tuition, residence, meals, a living allowance, and textbooks, plus mentorship and academic support, and is renewable pending satisfactory academic performance.
Where You Can Study
Only three universities qualify: the University of the Witwatersrand (Wits), the University of Cape Town (UCT), and the University of Pretoria (UP) - no other institution is covered by this specific programme.
About South African Actuaries Development Programme (SAADP)
About SAADP The South African Actuaries Development Programme (SAADP) is a bursary and mentorship programme with the single goal of growing the number of Black actuaries in South Africa. Its office is in Bryanston, Johan…
View full provider profile →Fields of Study & Who Can Apply
You must be South African, interested in studying Actuarial Science, with demonstrated financial need, planning to study - or already studying - at Wits, UCT, or UP, in your 1st, 2nd, 3rd, or Honours year.
Application Procedure
Apply directly with the provider using the official application link below, before the closing date.
Applications for this cycle have closed. Check the provider's site for the next intake.
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Frequently Asked Questions
Which universities does SAADP fund?
Only three: Wits, UCT, and UP. Actuarial Science students at any other university do not qualify for this specific programme.
When should I apply?
As early as possible - the window opens 2 March and runs a full seven months to 30 September, so applying early avoids the review backlog that builds up near the deadline.
Is the bursary renewable?
Yes, it renews each year pending satisfactory academic performance.
What does the bursary include beyond funding?
Mentorship and academic support, in addition to full-cost financial coverage.
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