The Momentum Group Actuarial Science Youth Bursary 2027 is open for university students who have already completed their first year of actuarial study. The programme combines financial support with mentoring, vacation work and exposure to Momentum’s actuarial community.
At a glance
Sponsor/host: Momentum Group Limited
Opportunity type: Undergraduate actuarial bursary
Who it’s for: South African university students who have completed first-year actuarial studies
Study level: Undergraduate study from second year onwards
Fields: Actuarial Science and Actuarial and Financial Mathematics
Minimum academic result: 70% GPA or above
Closing date: 29 August 2026
Application reference: MMH260513-2
Last verified: 25 July 2026
High-value notes (read this first)
This bursary is not open to Grade 12 learners entering their first year of university in 2027. Applicants must already be enrolled at an accredited South African university and must have successfully completed first-year actuarial studies.
Recipients are expected to complete their qualification within the prescribed period, pass all subjects, graduate with at least four actuarial exemptions excluding N111, and join Momentum Group after graduation.
About the sponsor
Momentum Group Limited is a South African financial-services group operating across insurance, investments, healthcare, retirement and employee-benefit markets. Its Actuarial Youth Bursary Programme supports the development of future actuarial professionals through financial assistance, mentoring and workplace exposure.
Sponsor/entity link: Momentum careers and actuarial bursary programme
Current bursary flyer: Momentum Actuarial Science Youth Bursary 2027
Application portal: Momentum bursary application MMH260513-2
What it covers
- Annual registration and tuition fees
- Textbook and general allowance
- Accommodation and meal allowance where applicable
- Travel allowance where applicable
- Mentorship
- Vacation-work opportunities
- Actuarial networking opportunities
Eligibility
- Must be a South African citizen
- Must be enrolled at an accredited South African university
- Must have successfully completed first-year actuarial studies
- Must have a minimum GPA or academic average of 70%
- Must not receive another bursary for the academic year being funded
- Must be studying one of the following qualifications:
- BSc Actuarial Science
- BBusSc Actuarial Science
- BCom Actuarial Science
- BSc Actuarial and Financial Mathematics
- Grade 12 learners entering first year in 2027 do not qualify
Documents to prepare
- Detailed CV
- One-page motivation letter combined with the CV
- Certified copy of Matric certificate
- Latest academic transcripts covering all years of university study
- Certified copy of both sides of the South African ID
- Any additional information requested through the Momentum application portal
Closing date
29 August 2026.
The current Momentum bursary flyer gives 29 August 2026 as the official closing date. Applicants should use this date rather than later dates shown on third-party bursary websites.
Common mistakes to avoid
- Applying while still in Grade 12
- Applying before completing first-year actuarial studies
- Uploading only the latest semester instead of transcripts for all university years
- Submitting the CV and motivation letter as separate files when they must be combined
- Failing to disclose another bursary
- Ignoring the actuarial-exemption and post-graduation employment obligations
How this opportunity was verified
Verified against Momentum’s sponsor-owned careers page, which confirms its Actuarial Bursary Programme, and the current Momentum Group Actuarial Science Youth Bursary 2027 flyer hosted by the University of Cape Town. The flyer confirms the 29 August 2026 closing date, eligible degrees, benefits, minimum GPA, required documents and recipient obligations.
How to apply
- Open the Momentum bursary application page using reference MMH260513-2.
- Create or sign in to your Momentum applicant profile.
- Combine your detailed CV and one-page motivation letter into one document.
- Upload your certified ID, Matric certificate and complete university transcripts.
- Review and submit the application before 29 August 2026.