Here’s an excellent opportunity for anyone looking to get to a Bachelor’s level in their financial studies.
Momentum, the financial services company is now looking for eager and passionate students to apply for its bursary program.
This is an excellent opportunity for students with great academic potential but are hindered by their financial circumstances.
If you think this is something that you can benefit from, then you need to apply right away.
Below is a guide on exactly how you can apply and what this bursary will need from you along with a breakdown of how this bursary operates.
Closing Date
The Momentum Metropolitan Bursary application period will end on 30 August 2022.
Please make sure to submit your application and any other supporting materials by this date.
Your application won’t be taken into account by the bursary provider if you don’t do this.
What Is This Bursary About?
Momentum Metropolitan Holdings, formerly MMI Holdings Limited (MMI), is a South African-based provider of financial services. Group of firms registered on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX) with subsidiaries in 14 nations, including Namibia, Botswana, Zambia, Swaziland, Mauritius, Nigeria, Lesotho, Ghana, Kenya, Guernsey, Gibraltar, and the United Kingdom.
Momentum Metropolitan Holdings offers a variety of services to its clients, including employee benefits, asset management, investments, and long- and short-term insurance. Momentum, Metropolitan, Multiply, and Guardrisk is some of the group’s brands.
For the academic year 2023, Momentum Metropolitan is seeking students to apply for their bursary program.
Who Can Apply
Bursaries will be given for studies in actuarial science, with the following requirements:
- BBus Science Actuarial Science
- BCom Actuarial Science
- BSc Actuarial Science
- BSc Actuarial and Financial Mathematics
Before applying, candidates must meet the minimum admission requirements listed below (please note that if you do not meet all of the requirements, your application will not be considered):
- You must be a resident of South Africa.
- You must be a Matric graduate.
- One of the above-mentioned Actuarial Science degrees must be pursued full-time.
- You must have finished your first academic year and attained a minimum grade point average of 70%.
- You must be enrolled in a tertiary institution in South Africa that is recognized and approved.
- You must be passionate about math.
What Does This Bursary Cover?
The following costs will be covered by the scholarship: annual registration fees, tuition fees, food, lodging, a stipend for required textbooks, a travel allowance, and a pocket allowance.
Additionally, students will benefit from mentor support, academic and social support, and the chance to participate in summer employment.
Bursaries are given out for a period of one year at a time, and they are evaluated yearly depending on satisfactory academic progress.
How To Apply
Students who are eligible may apply by sending in clear copies of the following supporting documents (submission of these documents is required; applications that do not include all required materials risk being rejected):
- ID document (certified copy)
- Latest tertiary academic record/ transcript (certified copy)
- Motivational letter
- An updated CV
Farieda Khalfey must receive applications electronically at farieda.khalfey@mmltd.co.za.
(In the email subject line, type “Momentum Metropolitan Bursary Application”).
Contact Information
If you have any questions about this bursary program, please get in touch with Momentum Metropolitan through the following means:
Contact Person: Farieda Khalfey
Email: farieda.khalfey@mmltd.co.za
Good luck with your application!