Momentum Metropolitan Bursary South Africa 2025

Are you a South African student passionate about numbers and seeking a rewarding career path? 

The Momentum Metropolitan Bursary offers exceptional financial support and mentorship to talented individuals pursuing Actuarial Science qualifications.

Previously known as MMI Holdings Limited (MMI), Momentum Metropolitan boasts a strong presence across 14 African countries.

They offer a diverse range of financial services, including insurance, investments, and employee benefits.

This bursary program reflects Momentum Metropolitan’s commitment to nurturing the next generation of actuarial professionals.

By alleviating the financial burden of university education, they empower talented students to focus on their studies and excel in the field.

About the Momentum Metropolitan Bursary

This bursary seeks to alleviate the financial burden of university education, enabling promising students to concentrate on their studies.

The bursary covers a comprehensive range of expenses including:

  1. Annual registration fees
  2. Tuition fees
  3. Meals and accommodation
  4. Prescribed textbook allowance
  5. Travel allowance (for return flights if studying outside your hometown)
  6. General allowance
  7. Data allowance

Beyond financial support, the bursary provides valuable resources for academic and professional development.

You will gain access to dedicated mentors, social support networks, and even the chance to participate in vacation work programs.

Momentum Metropolitan Bursary Eligibility Criteria

To qualify for the Momentum Metropolitan Bursary, you must meet the following requirements:

  1. You must be a South African citizen.
  2. You must have successfully completed your Matric exams.
  3. Full-Time Actuarial Studies: You must be enrolled full-time in one of the approved Actuarial Science programs listed below:
    • BBus Science Actuarial Science
    • BCom Actuarial Science
    • BSc Actuarial Science
    • BSc Actuarial and Financial Mathematics
  4. You must have completed your first year of studies while maintaining a minimum overall average of 70%.
  5. Accredited University: You must be studying at a recognized and accredited South African tertiary institution.
  6. No Conflicting Bursaries: You cannot be receiving financial aid for the 2025 academic year from another bursary program.
  7. Passion and Skills: Possess a strong passion for numbers, enthusiasm for the Actuarial profession, excellent communication skills (written and verbal), and exceptional problem-solving abilities.
  8. Personal Qualities: Demonstrate strong organizational skills, self-discipline, motivation, integrity, honesty, a results-oriented approach, and a commitment to deadlines.

Momentum Metropolitan Bursary Application Requirements

Applications for the Momentum Metropolitan Bursary are conducted solely online.

You will need to create an account on their bursary portal before accessing the application form.

Remember to compile the following documents for submission alongside your application:

  1. Certified copy of your South African ID document
  2. Certified copy of your full academic record
  3. A compelling motivational letter (consider incorporating our tips for writing a standout motivational letter)
  4. Updated curriculum vitae (CV)

Incomplete applications with missing documents will be disqualified.

How to Apply

To access the application portal and submit your application online, please visit the official Momentum Metropolitan Bursary website.

How to Contact Momentum Metropolitan Bursary

For any inquiries related to the bursary program, you can directly contact Momentum Metropolitan at:

  1. Contact Person: Farieda Khalfey
  2. Email Address: farieda.khalfey@mmltd.co.za

Momentum Metropolitan Bursary Closing Date

The application window for the Momentum Metropolitan Bursary closes on August 31st, 2024.

Ensure you submit your application well before the deadline to be considered for this exceptional opportunity.