The application for the South African Actuaries Development Programme (SAADP) Bursary for the academic year 2024-2025 is now open by the South African Actuaries Development Programme (SAADP) for all South Africans in South Africa.
The South African Actuaries Development Programme (SAADP) hereby invites all outstanding students to apply for the South African Actuaries Development Programme (SAADP) Bursary. It is meant for students that intend to or are currently studying towards degree and diploma programmes that are aligned to the following listed below:
- Actuaries Development
Update: How to Apply for the BET Dare To Dream Bursary
SAADP BURSARY APPLICATION ELIGIBILITY
Before you apply, please read the following information:
- You need to have access to the internet.
- You need to have an active email address to which we will send an acknowledgement of receipt for your application. Other communication will also be sent to this email address.
- You need to have an active cell phone number on which you are reachable.
- Open or download an application at the bottom of this page.
About the bursary
- The award of bursaries is highly dependent on the availability of funds.
- SAADP reserves the right not to award bursaries.
- To apply, Matric learners must be doing well in mathematics, English, and physical science, achieving at least 80% in these subjects.
- Matric learners from the commercial stream are eligible to apply; however, they must apply to study actuarial science at the University of Cape Town. Presently, UCT considers learners without physical science.
- Applying to university before the closing date is the learners’ responsibility.
- The SAADP bursary is renewable each year, pending good academic performance.
HOW TO APPLY FOR SAADP BURSARY
How to apply
What will happen after submitting an application?
SAADP will send an email acknowledging receipt of an application, and all applications will go through the following stages:
Stage 1:
Applications will be screened to see if they meet the following basic requirements:
- Whether the application was submitted before or on the closing date (August 31)).
- Whether the application has been completed in full.
- Whether you have attached a Grade 11 final report and a Grade 12 June report (for Matric students only),. Please note that where Grade 12 June exams have not been written, the first term test and trial exam results are required.
- Whether you have attached your recent academic transcript (for current Actuarial Science learners only),
- Whether you have attached a recently certified ID copy or a birth certificate,.
- Whether your application meets the academic requirements for the university you intend to attend (for Matric learners only).
Stage 2:
- Applications that meet the basic requirements will be forwarded to the Selection Committee.
- The Selection Committee will screen applications further (NB: SAADP is not part of this process).
- Approved applications will be shortlisted, and the shortlist will be sent to the SAADP office for further processing.
- Unsuccessful applicants will receive communication (SMS and/or email) that their applications have been unsuccessful.
Stage 3:
- SAADP will wait for the final exam results. It is your responsibility to send your final results to SAADP at applications@saadp.co.za
- Applicants that get to stage 3 will not receive any communication from SAADP until their final results are received by SAADP.
- Applications that don’t qualify to move to Stage 4 will be notified of the outcome.
Stage 4:
- Approved applicants from the Matric class will be invited to attend a selection interview. Please note that, due to COVID-19 regulations, selection interviews are conducted virtually.
- Approved university applicants will receive communication from SAADP advising them of the Selection Committee’s decision.
- Selection interviews (for Matric applicants) are conducted by the Selection Committee (SAADP is not part of this interview process).
- Successful interviewees will be notified of the outcome.
- The decision by the Selection Committee is final, and no correspondence will be entered into.
Open or download the application form. Submit before the closing date.
CLOSING DATE FOR APPLICATIONS
- Completed applications need to be submitted early.
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