Momentum Group Actuarial Science Bursaries 2027: Financial Support for University Students
Momentum Group is offering financial support to current university students studying Actuarial Science through its 2027 Youth Bursary Programme. This opportunity is for high-performing students who have already completed their first year of study and are looking for assistance with tuition and academic expenses. The bursary also provides valuable mentorship and work experience.
Application Closing Date: 31 August 2026
Location: Centurion, Sandton, Cape Town, South Africa
Programme Duration: Not specified
Stipend: Not specified (covers tuition, textbooks, accommodation, meals, and travel allowances where applicable)
Minimum Qualification: Currently enrolled in an eligible Actuarial Science qualification at a South African university, with first-year studies completed.
About the Momentum Group Actuarial Science Bursary 2027
The Momentum Group Actuarial Science Youth Bursary Programme is designed to support talented university students pursuing a career in actuarial science. This bursary aims to help students overcome financial barriers to completing their degrees. It focuses on providing financial aid for academic costs and offers practical experience to prepare students for the profession.
The programme is specifically for students who have already begun their actuarial studies at a South African university and have demonstrated strong academic performance. It is not for learners still in Grade 12. Momentum Group seeks to invest in future actuarial professionals who can contribute to the financial services sector.
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. Momentum Group is committed to developing talent within the financial services sector and plays a role in supporting students who aim to build careers in fields like actuarial science.
What the Momentum Group Bursary Offers
Successful recipients of the Momentum Group Actuarial Science Bursary can expect a range of benefits. These include financial support for essential academic costs, such as annual university registration fees, full tuition fees, and prescribed textbooks. Depending on the student’s needs, the bursary may also cover accommodation, meal allowances, and travel expenses.
Beyond financial assistance, the bursary provides valuable professional development opportunities. Recipients will benefit from mentorship from experienced professionals, gain practical experience through vacation work, and have chances to network within the industry. This exposure offers insight into the actuarial profession and supports career growth within Momentum Group.
Eligible Actuarial Science Qualifications
To be considered for this bursary, applicants must be currently enrolled in one of the following specific 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
Students pursuing degrees outside of these listed fields will not be considered for this particular bursary programme.
Who Can Apply?
This bursary is intended for current university students who meet specific criteria. Applicants must be South African citizens currently registered at an accredited South African university. They must be studying one of the approved Actuarial Science qualifications and have successfully completed their first year of study with a minimum Grade Point Average (GPA) of 70%.
Additionally, applicants should not be receiving another bursary for the 2027 academic year and must be committed to completing their degree within the university’s standard timeframe. A strong interest in joining Momentum Group after graduation is also a key consideration.
Minimum Requirements
To be eligible for the Momentum Group Actuarial Science Bursary, applicants must meet the following requirements:
- Be a South African citizen.
- Be currently registered at an accredited South African university.
- Be studying an approved Actuarial Science qualification.
- Have successfully completed first-year actuarial studies.
- Achieve a minimum GPA of 70%.
- Not be receiving any other bursary for the 2027 academic year.
- Be committed to completing the degree within the university’s prescribed period.
- Show interest in joining Momentum Group after graduation.
Academic Requirements
A strong academic record is essential for this bursary. Applicants must demonstrate a minimum grade point average of 70% across all completed years of university study. Successful completion of all first-year actuarial studies is mandatory. The bursary also looks for potential in students to complete their qualification within the allocated university timeframe.
Applicants are required to submit academic transcripts that cover every completed year of study. This documentation helps Momentum Group assess the candidate’s academic performance and potential.
Competencies Momentum Group Looks For
Momentum Group seeks candidates who show passion and commitment to the actuarial profession. Key competencies include strong written and verbal communication skills, problem-solving abilities, and good organisational skills. Self-discipline, self-motivation, integrity, and honesty are also highly valued.
The company looks for individuals who can meet deadlines, are results-oriented, and demonstrate responsibility and accountability. An enthusiasm for learning and a willingness to contribute to Momentum Group after graduation are important qualities.
Motivation Letter Requirements
Applicants must submit a one-page motivation letter along with their CV. This letter should clearly explain why the applicant chose Actuarial Science, why they are applying for the Momentum Group bursary, and detail their academic achievements. It should also outline their career goals within the actuarial profession, any leadership or extracurricular experience, and how the bursary will support their studies. Finally, applicants should express their desire to join Momentum Group after completing their qualification. The CV and motivation letter must be submitted as a single combined document.
Documents Required
Applicants need to prepare and submit several documents. These include a detailed and updated CV, a one-page motivation letter combined with the CV, and a certified copy of the Matric certificate. Academic transcripts for all completed university years are also required. A certified copy of the South African identity document, showing both sides, must be included. Any additional documents requested through the application system should also be attached. All submitted documents must be clear and readable.
How to Apply
Applications for the Momentum Group Actuarial Science Bursary 2027 must be submitted through the official Momentum Group bursary recruitment platform.
Click here to apply for the Momentum Group Actuarial Science Bursary 2027
Applicants should create or access an applicant profile on the platform. They must complete all compulsory sections, upload the combined CV and motivation letter, certified Matric certificate, academic transcripts, and the certified identity document. It is important to review the application carefully before submitting it before the closing date.
Important Application Advice
Before submitting your application, please confirm that you meet all the necessary criteria. Ensure you are a South African citizen, currently studying Actuarial Science, and have completed your first year with a GPA of at least 70%. Verify that you are not receiving another bursary for 2027. Double-check that your CV and motivation letter are combined, your academic transcripts cover all years, and both sides of your identity document are attached. Submit your application well before the closing date of 31 August 2026.
Closing Date
The application closing date for the Momentum Group Actuarial Science Bursary 2027 is 31 August 2026. Applicants are strongly encouraged to apply early to ensure they have sufficient time to gather, certify, and upload all required documents.
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