Momentum Group Youth Bursary 2027
Momentum Group is inviting applications for its Actuarial Science Youth Bursary 2027, a prestigious funding programme aimed at supporting high-performing university students pursuing careers in Actuarial Science. For more than 25 years, Momentum Group has invested in the development of future actuarial professionals by providing financial assistance, mentorship, and career development opportunities.
The bursary is designed for students who are already enrolled in an actuarial qualification at an accredited South African university and who demonstrate strong academic performance and commitment to the actuarial profession.
About Momentum Group
Momentum Group is one of South Africa’s leading financial services organisations, offering a range of insurance, investment, healthcare, and wealth management solutions. The group has a long-standing commitment to developing actuarial talent and supporting the future growth of the profession.
Through its bursary programme, Momentum Group provides deserving students with the financial support and professional exposure needed to excel academically and prepare for successful careers in actuarial science.
Bursary Overview
The Actuarial Science Youth Bursary aims to remove financial barriers that may affect academic success. Successful applicants will receive comprehensive financial assistance and access to professional development opportunities throughout their studies.
Bursary Benefits
Recipients of the bursary will receive the following support:
- Annual registration fees
- Full tuition fees
- Textbook allowance
- General academic allowance
- Accommodation allowance (where applicable)
- Meal allowance (where applicable)
- Travel allowance (where applicable)
- Mentorship from experienced professionals
- Vacation work opportunities
- Networking and career development opportunities
Who Can Apply?
Applications are open to South African students who are currently enrolled in an actuarial qualification at a recognised South African university.
Eligible Qualifications
- BSc Actuarial Science
- BBus Science Actuarial Science
- BCom Actuarial Science
- BSc Actuarial and Financial Mathematics
Minimum Requirements
- Must be a South African citizen
- Currently enrolled in an accredited South African university
- Must have successfully completed first-year actuarial studies
- Must have a minimum GPA of 70% or higher
- Must not be receiving another bursary for the academic year being funded
Please Note: This bursary is not available to Grade 12 learners who intend to start university studies in 2027. Applicants must already be studying towards an actuarial qualification.
Required Supporting Documents
Applicants must submit the following documents:
- Detailed CV and a one-page motivation letter combined into a single document
- Certified copy of Matric certificate
- Latest academic transcripts for all years of study
- Certified copy of South African ID (both sides)
Recipient Responsibilities
Students awarded the bursary will be expected to meet specific academic and reporting requirements throughout the duration of their studies.
- Provide requested documentation within five working days when requested
- Complete the qualification within the prescribed university timeframe
- Pass all subjects each academic year
- Meet progression requirements for the next academic year
- Submit academic results after each semester
- Provide proof of tuition, accommodation, meal, and bursary-related expenses
- Graduate with a minimum of four actuarial exemptions (excluding N111)
- Demonstrate commitment to the actuarial profession
- Be willing to join Momentum Group after graduation
Desired Competencies
Momentum Group is seeking students who display strong personal and professional qualities.
- Passion for the actuarial profession
- Strong verbal and written communication skills
- Analytical and problem-solving ability
- Self-discipline and self-motivation
- Excellent organisational skills
- Integrity and honesty
- Results-driven mindset
- Ability to work under pressure and meet deadlines
Programme Locations
The bursary programme supports students studying across South Africa, with opportunities and engagement activities linked to Momentum Group offices in:
- Centurion, Gauteng
- Sandton, Gauteng
- Cape Town, Western Cape
Application Details
- Closing Date: 31 August 2026
- Reference Number: MMH260513-2
- Programme: Actuarial Science Youth Bursary 2027
- Organisation: Momentum Group
Why Apply?
The actuarial profession is one of the most sought-after and rewarding careers within the financial services industry. This bursary offers more than financial support—it provides access to mentorship, professional networking opportunities, workplace exposure, and a potential career path within one of South Africa’s leading financial institutions.
Students who perform well academically and are committed to becoming future actuarial professionals can benefit significantly from the resources and support offered through this programme.
How to Apply
Interested students should submit their applications before the closing date and ensure that all required supporting documents are included. Incomplete applications may not be considered.
Final Thoughts
The Momentum Group Actuarial Science Youth Bursary 2027 presents an excellent opportunity for talented actuarial students to receive financial support while gaining access to valuable mentorship and career development opportunities. If you are currently studying Actuarial Science and have a strong academic record, this bursary could help you achieve your professional goals while reducing financial pressures during your studies.