Momentum Group invites top-achieving students to apply for the Actuarial Science Youth Bursary for the 2026 academic year. This bursary provides financial support and professional development opportunities for students pursuing actuarial studies at accredited South African universities. Applications close on 31 August 2025.
What Is This Bursary Program?
The Momentum Actuarial Science Youth Bursary offers a comprehensive support package designed to ease financial stress and provide access to developmental opportunities, including:
- Full coverage of annual registration and tuition fees
- Textbook, general, and data allowance
- Accommodation and meal allowance (where applicable)
- Travel allowance (where applicable)
- Mentorship and coaching
- Vacation work placements
- Networking opportunities within the actuarial profession
Who Can Apply
Applicants must meet the following requirements:
- Be a South African citizen
- Be currently enrolled full-time at an accredited South African university in one of the following:
- BSc Actuarial Science
- BBus Science Actuarial Science
- BCom Actuarial Science
- BSc Actuarial and Financial Mathematics
- Be in at least their second year of study (after successfully completing first-year actuarial modules)
- Have a minimum GPA of 70% or higher
- Not be receiving funding from any other bursary for the same academic year
📌 Note: This bursary is not open to Grade 12 learners intending to start their first year in 2026.
Required Documentation
Applications must include the following:
- Detailed CV including a 1-page motivation letter (upload as a single document)
- Certified copy of your matric certificate
- Most recent academic transcripts for all years of study
The Bursary Sponsor – Momentum Group
Momentum Group, part of Momentum Metropolitan Holdings, has been investing in the actuarial profession for over 24 years. Through this bursary programme, the company aims to support South Africa’s brightest actuarial talent by providing financial assistance, career mentorship, and pathways into impactful careers within the group and the broader industry.
Closing Date
31 August 2025
Applications must be submitted online via Momentum Group’s bursary application portal.
How to Apply
Applications close on 31 August 2025.
Apply online via the Momentum Group Careers Portal.
For enquiries, contact: farieda.khalfey@mmltd.co.za