Old Mutual Actuarial Bursary

Offered by Old Mutual Actuarial

Closed Usually closes around June

The Old Mutual Actuarial Bursary funds actuarial science students at selected universities. It covers tuition, materials, meals, residence and flights home.

Fields of study

The bursary will be awarded for Actuarial Science studies, at any of these selected institutions

  • North-West University
  • Stellenbosch University
  • University of Cape Town
  • University of Pretoria
  • University of the Free-State
  • University of the Witwatersrand
  • University of Johannesburg
  • University of Kwa Zulu Natal (no longer ASSA accredited)

Who can apply

  • Be a South African citizen
  • Have completed Matric or be currently in Matric
  • Be studying or intend on studying towards an undergraduate Actuarial Science qualification
  • Be studying or have applied to study at one of the following tertiary institutes: University of Cape Town, University of Stellenbosch, University of Pretoria, University of the Witwatersrand, University of Free State, North-West University
  • Have achieved a minimum result of 80% for Mathematics (not Mathematics Literacy) in Matric
  • Have achieved a minimum result of 60% for English HL or 70% for English FAL in Matric
  • Have achieved a minimum result of 70% for all other subjects in Matric
  • Be committed to qualifying as an actuary and working for Old Mutual after graduation
  • Preference will be given to students from under-represented designated groups, including candidates with disabilities
  • Preference will be given to students from previously disadvantaged background or those who demonstrate financial need

What the bursary covers

  • Tuition
  • Study materials
  • Meals
  • Accommodation in residence
  • Return flights home (if studying outside of your hometown)

Documents you will need

  • ID document (certified copy)
  • Matric latest results, if currently in Matric
  • Matric certificate, if completed Matric
  • Proof of acceptance or conditional acceptance at University, if applicable
  • Full academic transcript, if currently studying
  • Completed Bursary Motivation Form, which includes a non-time gamified assessment
  • NBT statement, if applicable
  • Curriculum Vitae (1 page)

Full bursary documents checklist

How to apply

  1. Check the requirements

    Make sure you meet every requirement listed above. Applications that miss one are usually rejected automatically.

  2. Prepare your documents

    Scan clear copies of everything the provider asks for, certified where required.

  3. Apply through the official channel

    Applicants will be required to Create an Account before they can Login and apply.

  4. Submit before the closing date

    Usually closes around June. Late applications are almost never accepted.

Applications for the current cycle have closed. This bursary usually opens again each year, so prepare your documents now and check back.

Genuine bursaries never charge an application fee. How to spot bursary scams

Contact the bursary provider

Contact the provider only with questions about this bursary. StudentBursaries.co.za does not process applications.

About Old Mutual Actuarial

Old Mutual is a leading Southern African insurer and investment manager and one of the country's largest employers of actuaries.

StudentBursaries.co.za is an independent directory and is not affiliated with the bursary provider. Logos and trademarks belong to their owners. Always confirm the details on the official website before you apply. Last checked: October 2026.