Old Mutual Bursary Programme
Old Mutual
Old Mutual runs multiple bursary streams for South African students, including dedicated actuarial science and chartered accounting (CA) bursaries, plus the Old Mutual Education Trust (OMET) partial bursary for dependants of qualifying members.
- Amount
- Full-cost bursary (actuarial / CA) or R70,000/year (OMET)
- Deadline
- To be announced
- Duration
- Full degree duration (subject to performance)
- Renewable
- Yes
Eligible Fields of Study
Old Mutual supports students in the following disciplines
Eligibility Requirements
- ✓ South African citizen
- ✓ Currently in Grade 12 or studying at a recognised South African university
- ✓ Demonstrate financial need
- ✓ Actuarial stream: A symbol for Mathematics, B symbol for all other subjects
- ✓ Chartered Accounting stream: 70%+ pass at matric or Level 6 in all subjects including Mathematics (not Maths Literacy) and English
- ✓ Strong academic record at university level for current students
- ✓ Commitment to the relevant training programme (CA training programme for accounting bursary recipients)
What's Included
- ✓ Full tuition fees
- ✓ Accommodation allowance
- ✓ Meal allowance
- ✓ Textbook allowance
- ✓ Laptop where required
- ✓ Mentorship from Old Mutual practitioners
- ✓ Vacation work and learnership opportunities
- ✓ Guaranteed graduate role at Old Mutual subject to performance and programme completion
Work Commitment
Chartered Accounting bursary recipients commit to complete the Old Mutual CA Training Programme and work for Old Mutual after qualifying. Actuarial recipients enter Old Mutual's actuarial training environment.
How to Apply
Steps to complete your Old Mutual bursary application
- 1
Choose your stream (Actuarial or Chartered Accounting) on the Old Mutual careers site
- 2
Complete the online bursary application during the April–May application window
- 3
Upload supporting documents
- 4
Complete the pre-screening and psychometric assessment
- 5
Attend interviews if shortlisted
- 6
Final selection by Old Mutual
Required Documents
- 📄 Certified ID copy
- 📄 Latest academic results (Grade 11, matric, or university transcripts)
- 📄 Proof of acceptance / registration at a recognised university
- 📄 Proof of household income
- 📄 CV
- 📄 Motivational letter
Frequently Asked Questions
- Which programmes does the Old Mutual bursary fund?
- Old Mutual runs dedicated bursary streams for Actuarial Science and Chartered Accounting (CA). The Old Mutual Education Trust (OMET) also runs a separate R70,000/year partial bursary for dependants of qualifying members.
- What grades do I need for the Old Mutual actuarial bursary?
- An A symbol for Mathematics (not Mathematical Literacy) and a B symbol for all other matric subjects, plus strong academic performance throughout secondary school.
- What about the Old Mutual chartered accounting bursary?
- Matric applicants need to have passed Matric with at least 70% (or Level 6) for all subjects, including Mathematics (not Maths Literacy) and English. CA bursary recipients commit to the Old Mutual CA Training Programme.
- When do Old Mutual bursaries open?
- The main 2027 application window runs from April to 30 May 2026. Each stream may have slightly different dates - check the Old Mutual careers website for the latest.
When do 2027 applications open?
Old Mutual has not yet announced dates for the 2027 intake.
The last recorded window closed on 30 June 2026. Treat that as a guide to timing only — confirm the 2027 dates with Old Mutual before you rely on them.
Check Old Mutual's official siteInformation verified 2026-06-22. Always confirm details on the funder's official website before applying.
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