Overview
Old Mutual offers a set of bursary streams, including Actuarial Science and Chartered Accounting (OMCAT), that cover full tuition, accommodation and living costs for high-achieving South African students, with guaranteed employment on completion.
What it covers
Full tuition and registration fees, study materials, meals, on-campus accommodation, return flights for out-of-town students, vacation work opportunities, and guaranteed employment on completion for the main streams
Eligibility
South African citizens; Actuarial stream requires a Grade A (80%+) in pure Mathematics; Chartered Accounting stream requires at least 70% in Mathematics and 60% (HL) or 70% (FAL) in English; acceptance at a relevant accredited institution required for both
Required documents
One-page CV, completed motivation form, Grade 10-12 school reports, matric certificate, university acceptance letter, academic transcript (continuing students), certified ID copy
Who Can Apply
Supported Study Fields
Actuarial Science, Accounting/Chartered Accountancy (via the OMCAT programme); the related Old Mutual Education Trust (OMET) also funds general fields for union-affiliated applicants
What the Bursary Covers
Required Documents
How to Apply
Applications are submitted directly on the official provider website — SA Education Hub does not process applications.
Go to Official Application PageSA Education Hub does not award bursaries or process applications. Information is provided for guidance. Always confirm requirements and closing dates on the funder’s official website before applying. Read our full disclaimer.
