{"id":12031,"date":"2024-08-26T06:06:56","date_gmt":"2024-08-26T06:06:56","guid":{"rendered":"https:\/\/collegeguide.co.za\/?p=12031"},"modified":"2024-08-26T06:06:56","modified_gmt":"2024-08-26T06:06:56","slug":"the-2024-bursaries-for-south-african-actuaries-development-programme-saadp-is-opened","status":"publish","type":"post","link":"https:\/\/uni1.co.za\/articles\/the-2024-bursaries-for-south-african-actuaries-development-programme-saadp-is-opened\/","title":{"rendered":"The 2026 Bursaries for South African Actuaries Development Programme (SAADP) is opened"},"content":{"rendered":"\n<div class=\"advads-atf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"advads-1952724152\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads atf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"8381596201\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div><p>South African Actuaries Development Programme (SAADP) has opened its 2026 bursary program and is inviting all interested applicants to apply now. In order to apply to this Bursary program, read carefully through the details below.<\/p>\n\n\n\n<p><strong>Application<\/strong>\u00a0<strong>closing date<\/strong>:\u00a031 August 2026<\/p>\n\n\n\n<p>The bursary is awarded each year for studies towards an&nbsp;<strong>Actuarial Science<\/strong>&nbsp;qualification (Bachelor of Science Degree &amp; Bachelor of Economic Science Degree), only at one of the SAADP partner universities: UCT, UP or WITS.<br>&nbsp;<\/p>\n\n\n\n<p>Bursaries are renewable each year based on academic performance and availability of funds.<\/p>\n\n\n\n<p>The bursary will provide cover for the following expenses: tuition fees, textbooks allowance, accommodation in residence, meal allowance, and a living allowance.<\/p>\n\n\n\n<p>Over and above the monetary coverage, students will also receive mentorship; additional tutorials; academic and social support from full-time programme Managers located at the partner universities.<\/p>\n\n\n\n<p>All candidates will receive acknowledgment of their application via email or SMS, once their application has been received.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Step 1: applications will be screened to ensure they meet the basic requirements (the application was submitted before the deadline, in full, with all the required supporting documents and you met the university requirements),<\/li><li>Step 2: the Selection Committee screens applications (this is external to the SAADP) and submit a list of shortlisted candidates to the SAADP (students who have been rejected at this stage will be notified via email or SMS),<\/li><li>Step 3: Matric students will be required to submit their final matric results \u2013 the final screening will be based on your matric results and candidates who have not been successful wil be notified,<\/li><li>Step 4:<ul><li>\u2013 Matric students who have been approved will be invited to a selection interview, held by the Selection Committee (this is external to the SAADP), at WITS,<\/li><li>\u2013 University students who have been approved will be assessed by the Selection Committee (this is external to the SAADP), in a special meeting in December, after the final exam results are released,<\/li><\/ul><\/li><li>Step 5: successful candidates will be notified.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Requirements<\/h3>\n\n\n\n<p>Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):<br><strong>Matric\/ Grade 12 students:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>You must be a South African citizen<\/li><li>You must be currently in Matric<\/li><li>You must achieve a&nbsp;<em>minimum<\/em>&nbsp;result of 80% for Mathematics in Matric<\/li><li>You must achieve a&nbsp;<em>minimum<\/em>&nbsp;result of 80% for Physical Science in Matric<\/li><li>You must achieve a&nbsp;<em>minimum<\/em>&nbsp;result of 80% for English in Matric<\/li><li>You must intend on studying towards an Actuarial Science qualification (entering your 1st year of study in 2026)<\/li><li>You must have applied to study at one of the SAADP partner universities: University of Cape Town, University of Pretoria or 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)<\/li><li>Students from commercial streams: you must apply to study Actuarial Science at UCT (UCT accepts students without Physical Science)<\/li><\/ul>\n\n\n\n<p><strong>University students:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>You must be a South African citizen<\/li><li>You must be from a previously disadvantaged background<\/li><li>You must be currently studying towards an Actuarial Science qualification<\/li><li>You must have achieved excellent academic results for your 1st, 2nd or 3rd year of study<\/li><li>You must achieve a&nbsp;<em>minimum<\/em>&nbsp;result of 70% in all major subjects<\/li><li>You must be studying at one of the SAADP partner universities: University of Cape Town, University of Pretoria or University of the Witwatersrand<\/li><li>Students pursuing studies at other universities: you may apply if you also applied to and were accepted to one of the SAADP partner universities, towards an Actuarial Science qualification (but you turned down the offer and selected another university)<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">How to apply<\/h3>\n\n\n\n<p>Download and complete the application form in either of the following formats:<br><strong><a href=\"https:\/\/saadp.co.za\/wp-content\/uploads\/2026\/08\/Bursary-Application-Form.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">SAADP Bursary Application Form 2026<\/a><\/strong>&nbsp;(.pdf)<br>&nbsp;<\/p>\n\n\n\n<p>Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory \u2013 if any items are missing, your application may be disqualified):<br><strong>Matric\/ Grade 12 students:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>ID document (certified copy)<\/li><li>1 x recent photograph (passport sized)<\/li><li>Grade 11 end of year results (certified copy)<\/li><li>Grade 12 June results (certified copy)<\/li><li>National Benchmark Tests results (to be submitted by 31 August at the latest, via the fax number below)<\/li><\/ul>\n\n\n\n<p><strong>University students:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>ID document (certified copy)<\/li><li>1 x recent photograph (passport sized)<\/li><li>Full academic transcripts, including most recent results (on institutions letterhead)<\/li><\/ul>\n\n\n\n<p>Applications must be submitted in one of the following ways:<br>1) Email:&nbsp;<strong><a href=\"mailto:%20applications@saadp.co.za\">applications@saadp.co.za<\/a><\/strong><br>(Insert the words \u201cSAADP Bursary Application \u2013 Your Full Name\u201d in the email subject line).<\/p>\n\n\n\n<p>2) Post or courier:<br>PO Box 2460<br>Houghton<br>2041<\/p>\n\n\n\n<p>3) Hand delivery:<br>60 Riviera Road<br>Office 115 Killarney Mall Office Towers<br>Houghton<br>Johannesburg<br>2041<\/p><div class=\"advads-content\" id=\"advads-3297973007\"><div style=\"width: 300px; padding: 20px; margin: 0 auto; border: 1px solid #ddd; border-radius: 8px; background-color: #f9f9f9; text-align: center; font-family: Arial, sans-serif;\">\r\n    <p style=\"font-size: 16px; margin: 0 0 10px;\">Need Information or Confused about Something ? <\/p>\r\n    <a href=\"https:\/\/onlineapplications.co.za\/ask\/\" style=\"display: inline-block; padding: 10px 20px; background-color: #007BFF; color: #fff; text-decoration: none; border-radius: 4px; transition: background-color 0.3s;\">Ask a Question<\/a>\r\n<\/div>\r\n<\/div><div class=\"advads-btf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"advads-898009515\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads btf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"5513273173\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div>\n<div class=\"advads-cpc\" id=\"advads-3416475787\"><p>&nbsp;<\/p>\n<hr \/>\n<p>Sponsored Guide<\/p>\n<hr \/>\n<p><strong>Complete Guide to NSFAS Online Loan Application for South African Students (2025)<\/strong><\/p>\n<p>If you are a South African student looking to pursue higher education but are facing financial difficulties, the <strong>National Student Financial Aid Scheme (NSFAS)<\/strong> is one of the most accessible funding options available. NSFAS provides financial aid in the form of <strong>bursaries and loans<\/strong> to qualifying students at public universities and TVET colleges in South Africa.<\/p>\n<p>This guide will walk you through <strong>everything you need to know about the NSFAS loan application process<\/strong>, from eligibility requirements to application steps and frequently asked questions.<\/p>\n<hr \/>\n<h2>\ud83d\udccc What is NSFAS?<\/h2>\n<p>The <strong>National Student Financial Aid Scheme (NSFAS)<\/strong> is a government-funded financial aid scheme aimed at helping students from low- and middle-income households to access tertiary education without the burden of upfront fees.<\/p>\n<p>NSFAS <strong>offers both bursaries and income-contingent loans<\/strong>:<\/p>\n<ul>\n<li><strong>Bursaries<\/strong>: For eligible students who meet academic and household income criteria (especially for TVET and university students).<\/li>\n<li><strong>Loans<\/strong>: For students who do not meet all bursary criteria or who are pursuing postgraduate qualifications not funded under bursary schemes.<\/li>\n<\/ul>\n<hr \/>\n<h2>\u2705 Who Qualifies for an NSFAS Loan?<\/h2>\n<p>To qualify for an NSFAS loan (especially for postgraduate students or programs not funded under the bursary system), you must:<\/p>\n<ul>\n<li>Be a <strong>South African citizen<\/strong>.<\/li>\n<li>Be <strong>financially needy<\/strong>, with a household income of <strong>less than R350,000 per year<\/strong>.<\/li>\n<li>Have a <strong>valid South African ID<\/strong>.<\/li>\n<li>Be <strong>enrolled or accepted<\/strong> to study at a <strong>public university or TVET college<\/strong>.<\/li>\n<li>Not be funded through another bursary program that covers all expenses.<\/li>\n<li>Maintain satisfactory <strong>academic progress<\/strong> (returning students).<\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcda Courses Funded by NSFAS<\/h2>\n<p>NSFAS primarily funds <strong>undergraduate qualifications<\/strong>, but certain <strong>postgraduate programs (e.g., PGCE, postgraduate diplomas in education, and professional courses like LLB)<\/strong> may be considered under the <strong>NSFAS loan scheme<\/strong>, not bursaries.<\/p>\n<p>If you\u2019re studying:<\/p>\n<ul>\n<li><strong>Undergraduate degree or diploma<\/strong>: You are likely eligible for a full NSFAS bursary.<\/li>\n<li><strong>Postgraduate study<\/strong>: You may qualify for a loan, depending on the course and funding availability.<\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcc4 Required Documents for NSFAS Application<\/h2>\n<p>When applying, make sure you have the following documents scanned and ready:<\/p>\n<ol>\n<li><strong>Certified copy of your South African ID or Smart Card<\/strong>.<\/li>\n<li><strong>Parent(s) or guardian(s) ID documents<\/strong>.<\/li>\n<li><strong>Proof of income<\/strong> (latest payslips, UIF, or affidavit if unemployed).<\/li>\n<li><strong>Consent Form<\/strong> signed by your parent(s)\/guardian(s) to allow NSFAS to verify income.<\/li>\n<li><strong>Proof of registration or acceptance at a public institution<\/strong>.<\/li>\n<li><strong>Academic transcripts<\/strong> (for continuing or postgraduate students).<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\udda5\ufe0f How to Apply for an NSFAS Loan Online<\/h2>\n<h3>Step-by-Step NSFAS Online Application Process (2025)<\/h3>\n<ol>\n<li>\n<h3><strong>Visit the NSFAS Website<\/strong><\/h3>\n<p>Go to: <a href=\"https:\/\/www.nsfas.org.za\/\">https:\/\/www.nsfas.org.za<\/a><\/li>\n<li>\n<h3><strong>Create an Account<\/strong><\/h3>\n<ul>\n<li>Click on <strong>\u201cMyNSFAS\u201d<\/strong> and register your profile.<\/li>\n<li>You\u2019ll need a <strong>valid email address<\/strong> and <strong>South African cellphone number<\/strong>.<\/li>\n<li>Choose a strong password and verify your account via email or SMS.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Login and Start the Application<\/strong><\/h3>\n<ul>\n<li>After registration, log in to your <strong>MyNSFAS<\/strong> account.<\/li>\n<li>Click on <strong>\u201cApply\u201d<\/strong> to begin a new application.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Fill in Your Personal Details<\/strong><\/h3>\n<ul>\n<li>Input your <strong>ID number<\/strong>, name, surname, and other details exactly as they appear on your ID.<\/li>\n<li>Provide <strong>household income information<\/strong> and living arrangements.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Upload Required Documents<\/strong><\/h3>\n<ul>\n<li>Upload all supporting documents in <strong>PDF or JPEG format<\/strong>.<\/li>\n<li>Each document must be clear and under the size limit specified.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Submit Your Application<\/strong><\/h3>\n<ul>\n<li>Review your application for accuracy.<\/li>\n<li>Click <strong>\u201cSubmit\u201d<\/strong> and wait for a confirmation message.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Track Your Application<\/strong><\/h3>\n<ul>\n<li>Log in regularly to check your application status.<\/li>\n<li>You will be notified via SMS and email at each stage of the process.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\uddd3\ufe0f Important NSFAS Dates (2025)<\/h2>\n<ul>\n<li><strong>Application Opening Date<\/strong>: September 1, 2025<\/li>\n<li><strong>Application Deadline<\/strong>: January 31, 2026<\/li>\n<li><strong>Appeals Period<\/strong>: February 2026 (if rejected)<\/li>\n<li><strong>Disbursement<\/strong>: After registration and approval<\/li>\n<\/ul>\n<p><em>Note: Dates are subject to change; always confirm on the official NSFAS website.<\/em><\/p>\n<hr \/>\n<h2>\ud83d\udcb8 What Does the NSFAS Loan Cover?<\/h2>\n<p>NSFAS funding typically includes:<\/p>\n<ul>\n<li><strong>Tuition fees<\/strong><\/li>\n<li><strong>Registration fees<\/strong><\/li>\n<li><strong>Accommodation (if living away from home)<\/strong><\/li>\n<li><strong>Meals and transport<\/strong><\/li>\n<li><strong>Learning materials (e.g., textbooks)<\/strong><\/li>\n<\/ul>\n<p>For <strong>loans<\/strong>, repayment is only required <strong>once you start working and earn above a threshold<\/strong> (around R30,000 annually, but subject to change).<\/p>\n<hr \/>\n<h2>\ud83d\udd04 NSFAS Loan Repayment<\/h2>\n<p>Repayments are:<\/p>\n<ul>\n<li><strong>Income-contingent<\/strong> \u2013 you only repay when you can afford to.<\/li>\n<li>Administered by <strong>DHET (Department of Higher Education and Training)<\/strong>.<\/li>\n<li><strong>Interest-bearing<\/strong>, but interest rates are low and favorable.<\/li>\n<\/ul>\n<p>You can also apply for a <strong>partial loan conversion to a bursary<\/strong> if you perform well academically.<\/p>\n<hr \/>\n<h2>\ud83d\udd01 How to Appeal a Rejected NSFAS Application<\/h2>\n<p>If your application is rejected, you may submit an appeal via your MyNSFAS portal:<\/p>\n<ol>\n<li>Log into your MyNSFAS account.<\/li>\n<li>Click on <strong>\u201cTrack Funding Progress\u201d<\/strong>.<\/li>\n<li>If rejected, click on <strong>\u201cSubmit Appeal\u201d<\/strong>.<\/li>\n<li>Upload any missing or corrected documents.<\/li>\n<li>Provide a clear explanation or motivation.<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\udcf1 NSFAS Contact Information<\/h2>\n<ul>\n<li><strong>Website<\/strong>: <a href=\"https:\/\/www.nsfas.org.za\/\">https:\/\/www.nsfas.org.za<\/a><\/li>\n<li><strong>Email<\/strong>: <a href=\"mailto:info@nsfas.org.za\">info@nsfas.org.za<\/a><\/li>\n<li><strong>Toll-Free Number<\/strong>: 08000 67327 (Monday\u2013Friday, 8 AM\u20135 PM)<\/li>\n<li><strong>Twitter<\/strong>: <a href=\"https:\/\/twitter.com\/myNSFAS\">@myNSFAS<\/a><\/li>\n<li><strong>Facebook<\/strong>: <a href=\"https:\/\/www.facebook.com\/myNSFAS\">NSFAS<\/a><\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcdd Final Tips Before Applying<\/h2>\n<ul>\n<li>Apply <strong>early<\/strong> to avoid system overload near the deadline.<\/li>\n<li>Use <strong>your own email and cellphone number<\/strong> (do not use someone else\u2019s).<\/li>\n<li>Double-check that all your documents are <strong>certified and legible<\/strong>.<\/li>\n<li>Keep a <strong>copy of your submission confirmation<\/strong> for reference.<\/li>\n<\/ul>\n<hr \/>\n<p>By following this guide, you can confidently apply for NSFAS funding and move one step closer to achieving your academic and career dreams\u2014without the burden of immediate financial pressure.<\/p>\n<p>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>South African Actuaries Development Programme (SAADP) has opened its 2026 bursary program and is inviting all interested applicants to apply now. In order to apply to this Bursary program, read carefully through the details below. Application\u00a0closing date:\u00a031 August 2026 The bursary is awarded each year for studies towards an&nbsp;Actuarial Science&nbsp;qualification (Bachelor of Science Degree &amp;\u2026 <span class=\"read-more\"><a href=\"https:\/\/uni1.co.za\/articles\/the-2024-bursaries-for-south-african-actuaries-development-programme-saadp-is-opened\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12031","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts\/12031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/comments?post=12031"}],"version-history":[{"count":0,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts\/12031\/revisions"}],"wp:attachment":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/media?parent=12031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/categories?post=12031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/tags?post=12031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}