Momentum Group Actuarial Science Bursaries 2027: Apply With Matric

Momentum Group is inviting current university students to apply for its Actuarial Science Youth Bursary Programme for the 2027 academic year. This opportunity is for high-performing students already studying an eligible Actuarial Science qualification who have completed their first year.

Application Closing Date: 31 August 2026
Location: Accredited South African universities (programme opportunities linked to Centurion, Sandton, and Cape Town)
Programme Duration: Not specified
Stipend: Financial support for tuition and academic expenses, accommodation, meals, and travel allowances (amounts not specified)
Minimum Qualification: Successful completion of first-year Actuarial Science studies with a minimum 70% GPA

About the Momentum Group Actuarial Science Bursary

The Momentum Group Actuarial Science Youth Bursary Programme aims to support talented university students pursuing actuarial science. It is designed for individuals who have already begun their actuarial studies and have demonstrated strong academic performance. The bursary provides financial assistance for tuition, textbooks, and other academic expenses.

Successful recipients also gain valuable professional experience through mentorship and vacation work opportunities. This programme is focused on developing future actuaries who can contribute to South Africa’s financial services sector. It is not for students who are still in Grade 12.

About Momentum Group

Momentum Group is a leading South African financial services organisation. The company offers a wide range of services, including insurance, investments, retirement solutions, health, employee benefits, and financial planning. Through initiatives like this bursary, Momentum Group invests in developing talent within the actuarial and financial services fields.

What the Momentum Group Bursary Offers

This bursary provides significant financial support and career development opportunities. Successful applicants can expect assistance with:

• Annual university registration fees.
• Full tuition fees for their studies.
• Costs for prescribed textbooks.
• General academic expenses.
• Accommodation, where applicable.
• Meal allowances, where applicable.
• Travel allowances, where applicable.

Beyond financial aid, recipients benefit from:

• Professional mentorship from experienced actuaries.
• Valuable vacation work opportunities within Momentum Group.
• Networking with industry professionals.
• Exposure to the operations of Momentum Group.
• Dedicated career-development support.
• Practical insights into the actuarial profession.

Eligible Actuarial Science Qualifications

To be considered for this bursary, applicants must be currently enrolled in one of the following qualifications at an accredited South African university:

• Bachelor of Science in Actuarial Science.
• Bachelor of Business Science in Actuarial Science.
• Bachelor of Commerce in Actuarial Science.
• Bachelor of Science in Actuarial and Financial Mathematics.

Qualifications outside these specified fields will not be considered for this bursary programme.

Who Can Apply?

This bursary is specifically for current university students who meet the following criteria:

• Must be South African citizens.
• Must be currently registered at an accredited South African university.
• Must be studying an approved Actuarial Science qualification.
• Must have successfully completed their first year of actuarial studies.
• Must have achieved a minimum GPA of 70%.
• Must not be receiving another bursary for the 2027 academic year.
• Must be committed to completing their degree within the university’s prescribed timeframe.
• Must be interested in potentially joining Momentum Group after graduation.

Minimum Requirements

Applicants must meet the following academic and personal requirements:

• A minimum grade point average (GPA) of 70%.
• Successful completion of all first-year actuarial studies.
• A strong academic record throughout their university studies.
• The ability to meet the entry requirements for subsequent academic years.
• The potential to complete the qualification within the allocated period.
• Must submit academic transcripts for every completed year of study.

Competencies Momentum Group Looks For

Momentum Group seeks candidates who demonstrate specific skills and personal qualities. Applicants should show:

• Passion for the actuarial profession.
• Enthusiasm and commitment to their studies.
• Strong written and verbal communication skills.
• Effective problem-solving abilities.
• Good organisational skills.
• Self-discipline and self-motivation.
• Integrity and honesty.
• Ability to meet deadlines.
• Results-oriented behaviour.
• A sense of responsibility and accountability.

Who Should Apply?

This bursary is ideal for high-achieving South African university students who are already on the path to becoming actuaries. If you are passionate about mathematics, statistics, and financial risk, and have a proven academic record with a GPA of 70% or higher, this opportunity could be for you. It is particularly suited for those who are looking for financial support to complete their studies and are keen to gain practical experience and potentially start their career with a reputable financial services organisation like Momentum Group.

Required Documents

Applicants must prepare and attach the following documents to their application:

• A detailed and updated Curriculum Vitae (CV).
• A one-page motivation letter, combined with the CV into a single document.
• A certified copy of your Matric certificate.
• Academic transcripts for all university years completed to date.
• A certified copy of your South African identity document (both sides).
• Any additional documents requested through the official application system.

Ensure all submitted documents are clear and readable.

How to Apply

Applications for the Momentum Group Actuarial Science Bursary 2027 must be submitted online through the official Momentum Group bursary recruitment platform.

Click here to apply for the Momentum Group Actuarial Science Bursary 2027

Use the following details to identify the correct opportunity:

Bursary title: Actuarial Science Youth Bursary 2027
Reference number: MMH260513-2

When applying, applicants should:

1. Access the official bursary application page.
2. Create a new applicant profile or log in to an existing one.
3. Complete all mandatory sections of the application form.
4. Upload the combined CV and motivation letter as one file.
5. Upload the certified copy of your Matric certificate.
6. Upload academic transcripts for all completed university years.
7. Upload the certified copy of your South African identity document (both sides).
8. Carefully review all entered information and uploaded documents.
9. Submit your application before the closing date.

Closing Date

The application closing date for the Momentum Group Actuarial Science Bursary 2027 is 31 August 2026. Applicants are advised to apply well in advance of this date to ensure they have sufficient time to gather, certify, and upload all necessary documents.

Important Application Advice

Before submitting your application, please confirm the following:

• You are a South African citizen.
• You are currently studying an Actuarial Science qualification at university.
• You have successfully completed your first year of actuarial studies.
• Your GPA is at least 70%.
• You are not currently receiving another bursary for the 2027 academic year.
• Your CV and motivation letter are combined into a single document.
• Your academic transcripts cover all completed years of study.
• Both sides of your identity document are attached and certified.
• Your application will be submitted before the 31 August 2026 deadline.

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