About the Old Mutual Education Trust:
The Old Mutual Education Trust (OMET) was established by Old Mutual in April 2005 as part of a Broad-Based Black Economic Empowerment (BBBEE) transaction with ten unions that have business relationships with Old Mutual. The trust’s primary goal is to support education by providing scholarships to union members and their dependents.
OMET offers scholarships to a maximum of 60 students each year, with the final selection depending on academic performance. This opportunity allows students to pursue tertiary qualifications at South Africa’s public higher education institutions. The trust not only covers tuition fees but also offers additional support, including access to counseling services, job preparation, tutoring, and the provision of computers.
Old Mutual Education Trust Bursary 2024-2025:
The Old Mutual Education Trust Bursary for the upcoming academic year is open to first-year undergraduate students studying ANY subject, including diploma, certificate, and first-degree level qualifications.
The bursary will cover the following expenses:
- Tuition costs
- Book allowance
- University residence accommodation
- Meals
- One round-trip travel home each year if studying away from home
Bursary recipients will also have the opportunity to participate in vacation jobs during academic breaks and will receive mentoring and training.
Eligibility Criteria For The Bursary:
To be eligible for the Old Mutual Education Trust Bursary, applicants must meet the following criteria:
- South African citizenship.
- Completed or currently in the process of completing matriculation.
- Intending to enroll in a recognized public university in South Africa.
- Full-time permanent employment with one of the participating trade unions (listed in the article).
- Under 25 years of age and a dependent child of a permanent full-time member of one of the participating trade unions.
- Currently enrolled in the first undergraduate degree program.
- Legally recognized spouse of a paid-up member of one of the participating trade unions.
How To Apply For The Bursary:
Interested applicants can apply for the bursary online through the Old Mutual Education Trust (OMET) Bursary Application portal. Ensure that you complete all fields accurately and provide clear copies of required supporting documents with your online application.
Documents Required:
Applicants must submit the following documents with their application:
- ID document (certified copy)
- Final Grade 11 results and mid-year Grade 12 results (if currently in Grade 12) or Grade 11 final results and Matric mid-year results (if currently in Matric)
- ID document of the union member (certified copy)
- Union membership or employee identification number (for the main union employee or members)
- If currently a student in a South African public university, provide mid-year academic results from the previous academic year and year-end academic results
Closing Date Of The Bursary:
The application deadline for the Old Mutual Education Trust Bursary is August 31. Applications received after this date will not be considered.
Contact Details Of The Bursar:
For any inquiries or information related to the bursary program, please contact Old Mutual directly through the following contact details:
Contact Persons: Thokozile Likhetsi / Nosipho Khumalo Email: Ometapplications@oldmutual.com Phone Numbers: 073 683 3009 / 067 125 1404
