The South African Actuaries Development Programme Bursary 2022 for South Africans | How to apply for SAADP bursaries program online, application form pdf download, requirements, eligibility, and The South African Actuaries Development Programme bursary application closing date 2022-2022.
Are you a student looking for Companies that offer Bursaries in South Africa? The South African Actuaries Development Programme invites an application from suitable and qualified students for their bursary program 2022-2023 academic year.
Overview of The South African Actuaries Development Programme Bursary Program
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university, or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into the study.
If you are successfully enrolled with a University you can apply for a bursary.
Let’s dive into the full information about The South African Actuaries Development Programme bursaries and application details for 2022.
SAADP Bursary Application Details 2022-2023
The bursary will be awarded for studies towards an Actuarial Science qualification, at one of the SAADP partner universities: UCT, UP or WITS. Bursaries are renewable each year based on academic performance and availability of funds.
RequirementsÂ
Requirements for 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 (not Mathematics Literacy) 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 in 2023
- You must have applied to study at one of the SAADP partner universities: the University of Cape Town, the University of Pretoria or the 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)
Requirements for 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 in your 1st, 2nd or 3rd year of study
- You must be studying at one of the SAADP partner universities: the University of Cape Town, University of Pretoria, or University of the Witwatersrand (students pursuing studies at other universities may also apply if they applied and got accepted into one of the SAADP partner universities)
Bursary recipients will receive the following support:
Financial support:
- Tuition fees
- Textbook allowance
- Residence fees
- Meal allowance
- Living allowance
Psychosocial support:
- Students mentorship programme (senior students will provide mentorship and social support to junior students)
- Life skills programme (including topics like goal setting, time management, CV writing and interviewing skills, with the aim of developing graduates to be ready for the corporate space)
Academic support:
- Academic tutorials or extra classes (supplementary tutorials are offered over and above the basic curriculum – senior students conduct weekly extension tutorials and sometimes, technical workshops are organized)
- Mentorship (top senior students will transfer their existing knowledge, skills, and experience to new students)
- Vacation work (during the June/July and November/December university holidays)
- Actuarial Seminars (qualified actuaries and graduates from the bursary share their industry experience with current students and students can interact with alumni)
- Academic Workshops (SAADP Alumni run academic workshops to assist current students)
- Exam preparation sessions (SAADP Alumni share their exams preparation techniques with current students)
- ID document or both sides of your ID card (certified copy)
- Full academic transcripts, including most recent results (on institutions letterhead)
- Parent or guardians’ proof of income (certified copy of payslips if employed, latest audited financial statements or affidavit stating monthly income if self-employed, affidavit if unemployed)
- Parents’ death certificate or affidavit, if one or more parents is deceased (certified copy)
- ID document or both sides of your ID card (certified copy)
- Grade 11 final report (certified copy)
- Matric full report (term 1, 2, and 3) (certified copy)
- Matric final statement of results/ NSC certificate (to be submitted when Matric results are released) (certified copy)
- Acceptance/ provisional admission letter to one of the partner universities (on institutions letterhead)
- 2 essays, to be completed on the application form (1. about yourself, your academic achievements, leadership qualities, and involvement in your community, 2. five or more reasons why you want to be an actuary)
- Parents’ death certificate or affidavit, if one or more parents is deceased (certified copy)
Parents’ divorce certificate, if divorced (certified copy)Parents divorce certificate, if divorced (certified copy)
How to Apply
Download SAADP Bursary Application Form (.pdf)
Submit clear copies of the following supporting documents along with your completed application form: For Matric/ Grade 12 students:
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