Momentum Bursary 2026 – A Detailed Guide

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Are you looking for an opportunity to pursue higher education in South Africa? The Momentum Bursary 2026 is an excellent opportunity for deserving students who aim to study in various fields, particularly those related to finance, business, and technology. Momentum, one of the leading financial services providers in South Africa, offers this bursary program to support talented individuals in achieving their academic and professional goals.

In this article, we’ll break down everything you need to know about the Momentum Bursary 2026, including the eligibility criteria, fields of study supported, the application process, and the benefits that come with this incredible opportunity.

What is the Momentum Bursary 2026?

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The Momentum Bursary 2026 is a financial aid program provided by Momentum, a well-established South African financial services company. The bursary aims to assist financially disadvantaged students who show academic promise, helping them pursue degrees in various fields, particularly in areas that align with Momentum’s business interests, such as finance, business, actuarial science, technology, and other related disciplines.

Through this bursary program, Momentum is committed to building a future of well-educated professionals who can contribute to the economic and social development of South Africa. The bursary covers the cost of tuition, study materials, and living expenses for successful applicants, helping them achieve their dreams without financial barriers.

Fields of Study Supported by the Momentum Bursary 2026

The Momentum Bursary 2026 is available for students pursuing undergraduate and postgraduate studies in fields that are relevant to Momentum’s operations and the broader financial sector. Below are some of the key fields of study supported by the bursary:

  1. Actuarial Science Actuarial science is a key field in the financial services industry, focusing on risk management and the use of mathematics, statistics, and financial theory to assess and manage risk. Students studying actuarial science will be equipped with skills that are highly valued by financial institutions.
  2. Finance and Accounting Finance and accounting are essential for managing money, investments, and financial operations in organizations. Students pursuing degrees in finance, accounting, or related fields will gain skills in financial analysis, reporting, budgeting, and auditing.
  3. Business Management Business management is vital for overseeing business operations, ensuring efficiency, and developing strategies to achieve organizational goals. This field prepares students for leadership positions in various industries, including finance, insurance, and corporate management.
  4. Economics Economics focuses on understanding the production, distribution, and consumption of goods and services. Students will learn about market dynamics, economic theory, and policy, which are essential for decision-making in business and government.
  5. Information Technology (IT) and Computer Science As technology becomes more integral to business operations, IT and computer science are becoming increasingly important. Students pursuing degrees in IT, software development, or data science will gain expertise in developing and maintaining technology systems for the financial industry.
  6. Marketing and Communications Marketing and communications professionals are responsible for promoting services, products, and brands. A degree in marketing will prepare students for roles in advertising, branding, and public relations within the financial services sector.
  7. Human Resources (HR) Human resources are critical for managing talent and ensuring organizations have the right people to achieve their goals. Students studying HR will learn about recruitment, employee relations, and organizational development, all of which are crucial in managing large financial institutions like Momentum.
  8. Insurance and Risk Management Since Momentum is a major player in the insurance industry, they are also keen on supporting students who wish to pursue degrees in insurance, risk management, and related fields. This will prepare students for careers in managing risks and providing insurance solutions for individuals and businesses.
  9. Law (Corporate Law) Legal professionals specializing in corporate law are vital for ensuring compliance with regulations and managing legal risks in business operations. This field of study prepares students for a career in legal consulting, contract law, and corporate governance within the financial industry.

Eligibility Criteria for the Momentum Bursary 2026

The Momentum Bursary 2026 has specific eligibility requirements to ensure that the bursary benefits those who are most deserving. Below are the key criteria for applicants:

1. South African Citizenship

The bursary is only available to South African citizens. You must provide proof of your citizenship, such as a South African ID card or passport.

2. Academic Requirements

  • Undergraduate Students: Applicants should have completed Matric (Grade 12) with a minimum of 60% in key subjects such as Mathematics, English, and any other relevant subjects.
  • Postgraduate Students: For postgraduate applicants, a minimum of 60% in your undergraduate degree is required. Additionally, applicants should have demonstrated academic excellence in their field of study.

3. Full-Time Enrollment

The bursary is for full-time students who are enrolled or planning to enroll at an accredited South African university or higher education institution.

4. Financial Need

The Momentum Bursary 2026 is intended for students from financially disadvantaged backgrounds. Proof of financial need may be required, such as family income statements or financial assessments.

5. Commitment to the Financial Sector

Applicants must demonstrate a strong interest in pursuing a career in the financial services sector, specifically in fields related to Momentum’s business. A passion for finance, technology, or business management will strengthen your application.

What Does the Momentum Bursary 2026 Cover?

The Momentum Bursary 2026 offers a comprehensive financial package to cover the major expenses associated with your studies. Below is a breakdown of what the bursary covers:

  1. Tuition Fees The bursary covers the full cost of tuition fees for your degree or diploma program, ensuring that students can pursue their education without worrying about fees.
  2. Accommodation If you need to live away from home to attend your studies, the bursary will cover the cost of accommodation, either in university residences or approved private housing.
  3. Study Materials The bursary will cover the cost of textbooks, study materials, and any required equipment for your courses.
  4. Living Allowance A monthly living allowance will be provided to help with daily expenses, such as food, transport, and personal costs.
  5. Internships and Practical Experience Momentum often offers internships or practical work opportunities to bursary recipients. These opportunities help students gain hands-on experience in their field of study and increase their employability after graduation.
  6. Career Development As a bursary recipient, you may also benefit from career development support, including mentorship, networking opportunities, and exposure to Momentum’s professionals and business operations.

How to Apply for the Momentum Bursary 2026

To apply for the Momentum Bursary 2026, follow these steps:

Step 1: Verify Eligibility

Ensure that you meet all the eligibility criteria, including being a South African citizen, meeting academic requirements, and being enrolled or planning to enroll in an approved course.

Step 2: Prepare Required Documents

Gather the necessary documents to support your application. These may include:

  • A certified copy of your South African ID or passport
  • Your Matric results or academic transcripts (for postgraduate students, your undergraduate degree results)
  • Proof of enrollment or acceptance at an accredited South African university or institution
  • Proof of financial need (family income statements, financial assessments, etc.)

Step 3: Access the Application Portal

Visit the official Momentum website or recognized bursary platforms to find the application portal for the bursary program.

Step 4: Complete the Application Form

Fill out the application form with accurate details. Be sure to provide all required information and documents. Take the time to review your application before submitting it.

Step 5: Submit Your Application

Submit your completed application and supporting documents before the bursary application deadline.

Step 6: Wait for Notification

After submitting your application, Momentum will review all applications and contact shortlisted candidates for further steps, which may include interviews or additional assessments.

Benefits of the Momentum Bursary 2026

The Momentum Bursary 2026 provides numerous advantages to successful applicants, including:

  1. Financial Support – Covers tuition, accommodation, study materials, and living expenses, ensuring students can focus on their academic goals.
  2. Internship Opportunities – Bursary recipients may have access to internships and work experience with Momentum, providing valuable exposure to the financial sector.
  3. Career Development – Through mentorship and networking opportunities, bursary recipients will have the chance to develop their skills and connect with industry professionals.
  4. Future Employment Opportunities – Momentum may offer employment opportunities to top-performing bursary recipients after graduation.

The Momentum Bursary 2026 is an outstanding opportunity for students who are passionate about finance, business, technology, and related fields. With comprehensive financial support covering tuition, accommodation, and living expenses, this bursary allows you to focus on your studies without the financial burden. If you’re looking to build a successful career in the financial services industry, the Momentum Bursary 2026 can be the key to unlocking your future.

Application Link: Momentum Bursary 2026 Application Portal

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