Momentum Group Actuarial Science Bursaries
Momentum Group Actuarial Science Bursaries 2027
Role Overview
Momentum Group invites qualifying South African university students to apply for the Actuarial Science Youth Bursary Programme for the 2027 academic year.
Bursary Application Closing Date: 31 August 2026
Study Locations: Accredited South African universities, with programme opportunities linked to Centurion, Sandton and Cape Town
Momentum Group has opened applications for its Actuarial Science Youth Bursary Programme for the 2027 academic year.
The bursary is aimed at high-performing university students who are already enrolled in an eligible Actuarial Science qualification and have successfully completed their first year of study.
Successful recipients will receive financial support for tuition and academic expenses, as well as mentorship, vacation work and networking opportunities.
The bursary is not open to Grade 12 learners who plan to begin first-year university studies in 2027.
Bursary provider: Momentum GroupProgramme: Actuarial Science Youth Bursary 2027Reference number: MMH260513-2Position type: BursaryMinimum academic average: 70% GPAEligible applicants: Current university studentsLocations: Centurion, Sandton and Cape TownRemote opportunity: Some of the timeClosing date: 31 August 2026Application method: Online
Successful bursary recipients may receive financial support for:
Annual university registration fees.
Accommodation, where applicable.
Meal allowances, where applicable.
Travel allowances, where applicable.
Recipients will also benefit from:
Practical insight into the actuarial profession.
Applicants must currently be enrolled in one of the following 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.
Applicants pursuing qualifications outside the listed fields may not be considered.
Be currently registered at an accredited South African university.
Be studying an approved Actuarial Science qualification.
Have successfully completed first-year actuarial studies.
Not be receiving another bursary for the 2027 academic year.
Be committed to completing the degree within the university’s prescribed period.
Be interested in joining Momentum Group after graduation.
The bursary is not open to Grade 12 learners who intend to begin first-year Actuarial Science studies in 2027.
Applicants must already be enrolled at university and must have successfully completed their first year of actuarial studies.
A minimum grade point average of 70%.
Successful completion of all first-year actuarial studies.
A strong academic record across all years of university study.
The ability to meet the entry requirements for the next academic year.
The potential to complete the qualification within the allocated period.
Applicants must submit academic transcripts covering every completed year of study.
Successful recipients will be expected to:
Submit requested documents within five working days.
Complete the qualification within the university’s prescribed timeframe.
Pass all subjects in each academic year.
Meet the progression requirements for the next year of study.
Submit semester results to Momentum Group within five working days of receiving them.
Submit records of tuition, accommodation and meal expenses.
Provide proof of other bursary-related expenses.
Maintain satisfactory academic progress.
Remain committed to the actuarial profession.
Recipients will be expected to graduate with at least:
Four actuarial exemptions, excluding N111
Applicants should understand the exemption requirements connected to their university programme and the actuarial profession.
Continued bursary support may depend on academic performance and progress toward the required exemptions.
Successful recipients must demonstrate a willingness to join Momentum Group after completing their qualifications.
The bursary programme is intended to develop future actuarial professionals who may contribute to the organisation after graduation.
The final employment or work-back conditions will be explained in the bursary agreement provided to successful applicants.
Passion for the actuarial profession.
Responsibility and accountability.
Applicants must submit a one-page motivation letter together with their CV.
The motivation letter should explain:
Why the applicant chose Actuarial Science.
Why the applicant is applying for the Momentum Group bursary.
The applicant’s academic achievements.
Career goals within the actuarial profession.
Leadership, volunteer or extracurricular experience.
How the bursary would support the applicant’s studies.
Why the applicant wants to join Momentum Group after graduation.
The CV and motivation letter must be uploaded as one combined document.
A one-page motivation letter combined with the CV.
A certified copy of the Matric certificate.
Academic transcripts fo
Key Responsibilities
• Successful recipients will be expected to:
• Submit requested documents within five working days.
• Complete the qualification within the university’s prescribed timeframe.
• Pass all subjects in each academic year.
• Meet the progression requirements for the next year of study.
• Submit semester results to Momentum Group within five working days of receiving them.
• Submit records of tuition, accommodation and meal expenses.
• Provide proof of other bursary-related expenses.
• Maintain satisfactory academic progress.
• Remain committed to the actuarial profession.
Entry Requirements
• Applicants must currently be enrolled in one of the following 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.
• Applicants pursuing qualifications outside the listed fields may not be considered.
Listing Source
This opportunity was sourced from StudentRoom. Always verify final requirements and deadlines on the official source before applying.
How to Apply
Applications must be submitted through the official Momentum Group bursary recruitment platform. Click here to apply for the Momentum Group Actuarial Science Bursary 2027 Use the following details to identify the opportunity: Bursary title: Actuarial Science Youth Bursary 2027Reference number: MMH260513-2 Applicants should: Open the official bursary application page. Create or access an applicant profile. Complete all compulsory application sections. Upload the combined CV and motivation letter. Upload the certified Matric certificate. Upload academic transcripts for all years of study. Upload the certified identity document showing both sides. Review the application carefully. Submit it before the closing date.
Email application: farieda.khalfey@mmltd.co.za
About Momentum Group Actuarial Science Bursaries
This bursary is offered by Momentum Group Actuarial Science Bursaries, based in Cape Town.
Why This Is Good for Starters
This bursary from Momentum Group Actuarial Science Bursaries can cover your tuition fees, accommodation, textbooks, and sometimes even a living allowance. In South Africa, where the cost of higher education continues to rise, bursaries are a lifeline for talented students who cannot afford to study. Some bursary programmes also include vacation work placements or post-study work opportunities, giving you both education support and practical career exposure.
CV Tips for This Application
- Include your academic record — marks and subjects matter for bursary applications
- Write a compelling motivation letter explaining your financial need and career aspirations
- Mention any community involvement, leadership roles, or extracurricular activities
- Include proof of financial need if the application requires it
- Apply early — bursary programmes often close well before the academic year starts
Application Checklist
- Read the full job description carefully before applying
- Prepare an updated CV tailored to this specific role
- Gather all required documents mentioned in the listing
- Prepare your academic transcripts and proof of financial need
- Write a motivation letter explaining your career goals
- Submit before the closing date: 31 August 2026
- Double-check your contact details are correct on your CV
- Follow up after 2 weeks if you have not heard back
Frequently Asked Questions
Can I apply with matric only?
Check the requirements section above for education requirements.
Do I need experience?
This appears to be suitable for candidates with little or no experience.
Can I apply if I live in another province?
Most opportunities accept applications from candidates across South Africa. Check the requirements for any location-specific criteria.
What happens after I apply?
After submitting your application, the employer will review it. If shortlisted, you may be contacted for an interview. Response times vary by employer.
Is this bursary paid?
Payment details are not specified. Contact the employer for more information.
When is the closing date and what if I miss it?
The closing date is 31 August 2026. Apply before this date to be considered.
Similar Opportunities
Ready to Apply?
Submit your application directly on Momentum Group Actuarial Science Bursaries's careers portal.
Apply on Company Site