Are you a top-performing student with a passion for Mathematics and problem-solving? The South African Actuarial Development Programme (SAADP) is offering its prestigious bursary for 2026, giving talented learners from disadvantaged backgrounds the chance to pursue a career in Actuarial Science.
This bursary is more than just financial support—it is a holistic programme designed to empower future actuaries and transform the actuarial profession in South Africa. If you dream of becoming a qualified actuary, this opportunity could be your stepping stone to success.
What the SAADP Bursary Covers
The SAADP bursary provides full academic and personal support, ensuring recipients can focus on excelling in their studies. Successful applicants will receive:
- Full tuition fees – Complete coverage of university costs.
- Accommodation – Support for residence or approved housing.
- Meals – Allowance for food where applicable.
- Textbooks and study materials – Funding for prescribed academic resources.
- Academic support – Mentoring, tutorials, psychosocial support, and academic development initiatives.
- Personal and professional development – Access to leadership programmes and career-readiness workshops.
Minimum Requirements
To qualify for the SAADP Bursary 2026, applicants must meet the following:
- Must be a South African citizen.
- Currently in Grade 12, or a first-, second-, or third-year university student.
- Minimum 80% in Mathematics (not Mathematical Literacy).
- Minimum 80% in English and 80% in Physical Science (Physics may not be required at all universities).
- Strong academic performance and financial need.
- Must intend to study an Actuarial Science degree at one of the SAADP partner universities:
- University of Cape Town (UCT)
- University of Pretoria (UP)
- University of the Witwatersrand (Wits)
How to Apply
Applications for the 2026 SAADP Bursary Programme are officially open. Follow these steps to apply:
- Visit the official SAADP Online Application Portal: https://applynow.saadp.co.za
- Register your profile and complete the online application form.
- Upload the following documents:
- Certified copy of your South African ID.
- Final Grade 11 results and Grade 12 June results (or full university transcript if already studying).
- Proof of household income (payslips, affidavit, or SASSA letter).
- A motivation letter explaining why you want to become an actuary.
- Certified copy of parent/guardian’s ID.
- University provisional acceptance letter (if available).
Application Closing Date
The deadline to apply for the SAADP Bursary 2026 is 31 August 2025. Late applications will not be considered, so make sure to apply on time.
Need Help?
For assistance with your bursary application, contact SAADP directly:
- Email: myapplication@saadp.co.za
- Phone: 011 642 2202
Conclusion
The SAADP Bursary 2026 is one of the most sought-after opportunities for aspiring actuaries in South Africa. By providing financial support, academic resources, and mentorship, it equips learners with the tools they need to succeed. If you have a strong passion for Mathematics and want to make a mark in the actuarial profession, don’t miss your chance—apply before 31 August 2025.