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FAQs

Our frequently asked questions

If you would like to be a SAADP beneficiary, you may have a few questions about our organisation, our different programmes, support and bursary opportunities. Here, we answer some of the most popular questions.

Currently, Wits, UP, and UCT are the only participating universities. To be considered for SAADP support programmes, learners may only seek admission at these universities. Nevertheless, all ASSA-accredited universities will soon be part of SAADP.

  • They are Black South Africans.
  • They are now in Grade 12 and show potential to achieve at least 80% (level 7) in Mathematics, English, and Physical Sciences*
  • They have applied (or are considering applying) for an Actuarial Science degree in one of the ASSA-accredited universities that offer SAADP support.
  • They have written (or have registered for) the National Benchmark Test (NBT)**
  • They are currently in their 1st, 2nd, or 3rd year of their Actuarial Science studies.
  • They come from a financially needy family background.
  • The first option is to obtain a actuarial certification from the Actuarial Society of South Africa (ASSA) directly.
  • The other choice is to earn a degree in Actuarial Science from a ASSA-accredited university. 

Diversity, equity, and inclusion are about appreciating individual uniqueness and recognising these differences as sources of strength. If we do not cultivate wider access to the Actuarial Science Profession, we run the risk of lost potential. When we view diversity as a source of strength, it contributes to richer and wider perspectives, increasing opportunities for success for all. Diverse perspectives enable us to advance the profession’s body of knowledge and harness the best minds to solve the world’s most pressing problems.

Our programme is different because it ensures that students start their professional journey with confidence, offering a space to nurture talent and develop future leaders who transcend individual success and are committed to the greater good of society. Unlike other basic bursary programmes that don’t cover end-to-end support, our programme ensures that nothing unfairly prejudices Black students to enter the profession.

*Some universities don’t require Physical Sciences.

**Visit www.nbt.ac.za or call 021 650 3523 for more details. 

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