The 2008 Varsity Cup was contested from 18 February to 7 April 2008.
The tournament (also known as the FNB Varsity Cup presented by Steinhoff International for sponsorship reasons) was the first season of the Varsity Cup, an annual inter-university rugby union competition featuring eight South African universities.
The tournament was won by Maties, who beat UCT Ikey Tigers 16–10 in the final played on 7 April 2008.
Most matches were played at the venue for either team, but the Round Five, Six and Seven matches were played at Outeniqua Park in George over the Easter weekend.
The winners of these semi-finals played each other in the final, at the home venue of the higher-placed team.