Momentum Group Bursary

Offered by Momentum Group

Closed Usually closes around August

The Momentum Group Bursary supports actuarial science students from second year onwards with averages of 70% or more. It is comprehensive, covering fees, meals, accommodation, books, travel, data and a general allowance, with vacation work.

Fields of study

Bursaries will be awarded for studies within the following fields

  • BBus Science Actuarial Science
  • BCom Actuarial Science
  • BSc Actuarial Science
  • BSc Actuarial and Financial Mathematics

Who can apply

  • Be a South African citizen
  • Have completed Matric
  • Be studying full-time, towards one of the Actuarial Science qualifications listed above
  • Be entering your 2nd or higher year of study in 2027 (the bursary will NOT fund 1st year students)
  • Have achieved a minimum overall average of 70%
  • Be studying at a recognised and accredited university in South Africa
  • Not be receiving any other bursary funding for the 2027 academic year
  • Be passionate about pursuing a career in Actuarial Science
  • Be enthusiastic and passionate about the actuarial profession
  • Have good communication skills (written and verbal)
  • Have strong problem-solving ability
  • Be organised, self-disciplined and self-motivated
  • Have a strong sense of integrity and honesty
  • Be deadline and results oriented

What the bursary covers

  • Annual registration fees
  • Tuition fees
  • Meals
  • Accommodation
  • Textbooks
  • Travel allowance
  • As well as a general allowance
  • Data allowance
  • Vacation work at the company may be required during university holidays.

What a work-back bursary means

Documents you will need

  • ID document (certified copy)
  • Matric certificate (certified copy)
  • Most recent academic transcripts (for all years of study)
  • Detailed Curriculum Vitae and a 1-page Motivational letter (to be uploaded as one document)

Full bursary documents checklist

How to apply

  1. Check the requirements

    Make sure you meet every requirement listed above. Applications that miss one are usually rejected automatically.

  2. Prepare your documents

    Scan clear copies of everything the provider asks for, certified where required.

  3. Apply through the official channel

    Applicants will be required to register an account before they can login and apply.

  4. Submit before the closing date

    Usually closes around August. Late applications are almost never accepted.

Applications for the current cycle have closed. This bursary usually opens again each year, so prepare your documents now and check back.

Genuine bursaries never charge an application fee. How to spot bursary scams

Contact the bursary provider

Contact the provider only with questions about this bursary. StudentBursaries.co.za does not process applications.

About Momentum Group

Momentum Group is a South African financial services group offering insurance, investments and health products.

StudentBursaries.co.za is an independent directory and is not affiliated with the bursary provider. Logos and trademarks belong to their owners. Always confirm the details on the official website before you apply. Last checked: October 2026.