Momentum Investments Bursary South Africa 2025

The Momentum Investments Bursary is a great opportunity for South African students who plan to study in fields like finance, accounting, or related fields. This bursary helps students from disadvantaged backgrounds by covering their tuition fees, textbooks, and accommodation. The Momentum Investment Bursary program is open for the 2025 academic year, so make sure to apply as soon as possible to secure funding for your studies.

This article will guide you through the bursary program in detail, exploring its qualification requirements, fields, and expenses covered, as well as the application process. Hence, keep reading to gain a comprehensive understanding of Momentum Investments Bursary South Africa 2025.

Overview of Momentum Investments

Based in South Africa, Momentum Metropolitan Holdings, formerly called MMI Holdings Limited (MMI), is a financial services group. The group, listed on both the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSE), operates through subsidiary companies in 14 countries. These include Zambia, Botswana, Namibia, Swaziland, Mauritius, Nigeria, Lesotho, Ghana, Kenya, Guernsey, Gibraltar, and the UK.

Momentum Investments helps people grow their money, whether you are saving for yourself, planning for retirement, running a business, or are a financial advisor looking for smart tools and custom solutions.

Momentum Investments Bursary South Africa 2025

The Momentum Investments Bursary is a financial aid program designed to support eligible South African students. Students are invited to apply for the Momentum Investments Phambili 2.0 Bursary Programme for the 2025 academic year. Here’s what you need to know about the Momentum Investments Bursary South Africa 2025, before submitting your application.

What Does Momentum Investments Bursary Cover?

Top-performing students will be awarded bursaries to pursue undergraduate degrees in the fields mentioned below:

• Accounting
• Financial Management
• Information Technology
• Investments Managment
• Mathematics
• Statistics
• Related fields

This bursary program will cover the cost of tuition, textbooks, and accommodation. Upon completing their studies, bursary holders will need to join the Phambili internship program.

If you haven’t heard back by 31 December 2024, it means your application wasn’t successful.

Who Qualifies for the Momentum Investment Bursary?

Before submitting your application, applicants must satisfy their eligibility requirements. If any applicant fails to satisfy the criteria, their application will not be considered. The following are the Momentum Investments Bursary eligibility requirements:

• You should be enrolled in or planning to pursue an undergraduate BCom degree in one of the fields listed in the above section.
• You must be enrolled at, or accepted to, a recognized and accredited public university in South Africa.
• In 2025, you must be starting your 1st, 2nd, or 3rd year of study.
• Applicant must possess an excellent academic record.
• A minimum overall average of 75% in your previous year of study is required.
• Applicants should be from previously disadvantaged backgrounds.
• Your total household income must be less than R600,000 per year.

How Do I Apply for the Momentum Investments Bursary?

You can apply for the bursary program through the online platform, making it convenient to apply from anywhere. Here’s how you can apply for the bursary program:

• Visit the Momentum Investment Bursary application platform. You can apply through this platform.
• Submit clear copies of the documents listed below:
  • Certified copy of ID document.
  • A complete academic record, including your most recent results, provided on the institution’s letterhead.
  • Provide evidence of your acceptance to a university for the 2025 academic year.
  • Submit proof of household income from your parents or guardians. This may include payslips (if employed), an affidavit (if unemployed), or proof of SASSA grants or pension, if applicable.

Closing Date: 4 October 2024

Ending Lines

In conclusion, the Momentum Investments Bursary is open for the 2025 academic year, so make sure to apply as soon as possible to secure funding for your studies. You can apply through the online platform by submitting the relevant documents. Make sure to apply before the closing date, or your application will not be accepted.