Momentum Group Bursary 2027, Requirements & Application

Key facts

Status
Applications closed Closed 31 August 2026
Provider
Momentum
Study level
Undergraduate
Academic year
2027
Last checked
September 2026

The 2027 round has closed.

Momentum Group, formerly Momentum Metropolitan, is one of South Africa’s major insurance and investment groups. Its bursary backs actuarial science students who have already shown they can handle the degree.

About the Momentum Group Bursary

  • For actuarial science and actuarial and financial mathematics degrees.
  • Covers registration, tuition, books, academic costs and, where applicable, accommodation, meals and travel.
  • For students who have completed first year.

Eligibility requirements

  • South African citizen at an accredited South African university.
  • Completed first-year actuarial studies.
  • At least a 70% GPA.
  • No other bursary for the funded year.

How to apply

  1. Watch the careers pages on momentum.co.za for the next call.
  2. Prepare your ID, transcripts for every year of study and proof of registration.
  3. Apply online before the closing date.

Closing date

31 August 2026 for the 2027 round.

Contact details

Actuarial students should also see the Momentum Investments bursary, the Old Mutual actuarial bursary and the Liberty bursary.

FAQs

1. Is the Momentum Group bursary still open for 2027? +
No. The 2027 Momentum Group actuarial science bursary closed on 31 August 2026. Watch Momentum's careers pages from mid-2027 for the next round.
2. Is Momentum Metropolitan the same as Momentum Group? +
Yes. Momentum Metropolitan Holdings renamed itself Momentum Group.
3. Which qualifications? +
BSc, BBusSc or BCom in actuarial science, and BSc in actuarial and financial mathematics.
4. Who qualifies? +
South African citizens at an accredited South African university who have completed first-year actuarial studies with at least a 70% GPA and hold no other bursary for 2027.
5. What does it cover? +
Registration and tuition fees, prescribed textbooks, general academic costs and, where applicable, accommodation, meals and travel.
6. What is expected of bursars? +
Passing all subjects on time, sending semester results within five working days and keeping records of bursary expenses.
Update note (checked September 2026): the 2027 round has closed. The Momentum Group actuarial science bursary closed on 31 August 2026. Watch the careers pages on Momentum’s own website from mid-2027 for the next round.

About Momentum

Private company (insurance and investments)

Momentum Group Limited, formerly Momentum Metropolitan Holdings, ranks among South Africa's largest financial services groups. The group grew out of the combination of Metropolitan Holdings and the Momentum business, and its head office is in Centurion. Momentum Group…

Read the full Momentum profile →

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