Momentum Investments Bursary 2027: How to Apply

Key facts

Status: Applications closed Closed 31 October 2025
Provider: Momentum
Field of study: Accounting, Information Technology
Academic year: 2026
Last checked: September 2026

Momentum had not published its 2027 call when we checked.

Reviewed & verified by Naledi KhumaloSenior Admissions and Bursaries EditorVerified

Momentum Investments is part of the Momentum Group, one of South Africa’s major financial services companies. Its Phambili bursary funds top commerce and quantitative students from disadvantaged backgrounds, then brings them into an internship.

About the Momentum Investments Bursary

Fields: accounting, financial management, IT, investment management, mathematics, statistics and related BCom degrees.
Covers tuition fees, textbooks and accommodation.
Leads into the Phambili internship after graduation.

Eligibility requirements

Studying at an accredited public South African university, in first, second or third year.
At least a 75% average in the previous year.
From a previously disadvantaged background.
Household income below R600 000 a year.

How to apply

Check momentum.co.za or email the bursary team to confirm the 2027 round.
Complete the online application form when it opens.
If shortlisted, submit a certified ID, recent results, proof of acceptance and proof of household income.

Closing date

31 October in the last round (2025, for 2026 studies). The 2027 date had not been published.

Contact details

Email: MIBursary@momentum.co.za

Finance students should also apply to the Investec bursary, the PSG bursary and the JSE Empowerment Fund bursary.

FAQs

1. When does the Momentum Investments bursary close for 2027? +

Momentum had not published its 2027 call when we checked. The 2026 Phambili 2.0 round closed on 31 October 2025, so expect a similar date and check Momentum's own website.

2. What is the Phambili bursary? +

Momentum Investments' programme for high-achieving students from previously disadvantaged communities, leading into its Phambili internship.

3. Which fields? +

BCom degrees in accounting, financial management, information technology, investment management, mathematics, statistics and related fields.

4. Who qualifies? +

Students at an accredited public South African university in first, second or third year, with at least a 75% average, from a previously disadvantaged background and a household earning less than R600 000 a year.

5. What does it cover? +

Tuition fees, textbooks and accommodation.

6. How do I apply? +

Online through Momentum's application form when the round opens. Shortlisted candidates submit a certified ID, recent results, proof of acceptance and proof of household income.

Update note (checked September 2026): Momentum had not published its 2027 call when we checked. The 2026 round closed on 31 October 2025, so expect a similar late-October date and check Momentum’s own website and the bursary email address.

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 →

Website: momentumgroupltd.co.za

Student funding in numbers

2025811 011students funded by NSFAS580 000 at universities, 231 000 at TVET colleges, on a budget of R48.7 billion.

20261 026 091students approved for NSFAS funding609 403 first-year applicants qualified and 416 688 continuing students met the progression criteria, out of 893 847 applications.

2027 projectedR53.4bnbudgeted for NSFASThe allocation rises from R48.7 billion in 2025 to R51 billion in 2026 and R53.4 billion in 2027. Student numbers for 2027 are not published yet.

Figures from the Minister of Higher Education’s Budget Vote of 3 July 2025 and the NSFAS statement of 2 January 2026. NSFAS is the largest funder, not the only one – we track the rest.