Actuarial Science Youth Bursary 2026 – Momentum Group
The Momentum Group is inviting applications for its Actuarial Science Youth Bursary Programme 2026, available in Centurion, Sandton, and Cape Town. For over 24 years, Momentum has invested in developing future actuarial professionals by supporting top-achieving university students with comprehensive financial assistance and career opportunities.
About Momentum Group:
Momentum Group is a trusted leader in financial services, committed to empowering young professionals to build rewarding careers. Through this bursary programme, Momentum aims to provide students with the financial support, mentorship, and exposure they need to excel in the actuarial profession while shaping the future of the organisation.’
What the Bursary Covers:
Successful recipients of the Actuarial Science Youth Bursary will receive:
- Full annual registration and tuition fees
- Textbook, data, and general allowance
- Accommodation and meal allowance (where applicable)
- Travel allowance (where applicable)
- Mentorship and career guidance
- Networking and vacation work opportunities
Eligibility Criteria
Applicants must meet the following minimum requirements:
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Be a South African citizen
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Be currently enrolled in one of the following accredited Actuarial Science programmes:
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BSc Actuarial Science
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BBus Science Actuarial Science
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BCom Actuarial Science
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BSc Actuarial and Financial Mathematics
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Have successfully completed first-year actuarial studies
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Achieved a minimum GPA of 70% or higher
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Not be a recipient of any other bursary funding for the 2026 academic year
Important Note: This bursary is not open to Grade 12 learners entering their first year of studies in 2026.
Application Requirements:
Applicants must submit the following documents:
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A detailed CV and a one-page motivation letter (uploaded as one document)
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Certified copy of Matric certificate
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Copy of most recent academic transcripts (for all years of study)
Duties and Responsibilities
Successful bursary holders will be required to:
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Provide requested documentation within 5 working days
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Complete their degree within the allocated university timelines
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Pass all subjects each academic year
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Provide semester academic results within 5 working days of release
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Submit tuition, accommodation, and related expense records
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Graduate with a minimum of four Actuarial Exemptions
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Commit to joining Momentum Group after graduation and contribute positively to the actuarial profession
Desired Competencies
Momentum is seeking candidates who demonstrate:
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Passion and enthusiasm for the actuarial profession
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Strong communication skills (written and verbal)
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Problem-solving ability and analytical thinking
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Organisation, self-discipline, and motivation
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Integrity and honesty
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Results-driven and able to meet deadlines
How to Apply
Interested candidates should apply online via the Momentum Group careers portal. For enquiries, contact:
Email: farieda.khalfey@mmltd.co.za
The Momentum Actuarial Science Youth Bursary 2026 is an excellent opportunity for dedicated and academically strong students to receive full financial support, mentorship, and a guaranteed career pathway with one of South Africa’s leading financial services providers.
Apply before 7 September 2025 to secure your chance at this prestigious bursary.