Old Mutual Actuarial Bursary 2027: How to Apply

Key facts

Status
Applications closed Closed 30 June 2026
Provider
Old Mutual
Study level
High school
Academic year
2027
Last checked
September 2026

The 2027 round has closed.

Closed · applications closed on 30 June 2026 Old Mutual's actuarial bursary opens in April and closes on 30 June; check oldmutual.co.za from April 2027. Latest update ↓

Old Mutual, founded in 1845, is one of South Africa’s oldest financial services groups. Its actuarial bursary pays for top maths students to study actuarial science and guarantees them a job afterwards.

About the Old Mutual Actuarial Bursary

  • Covers full tuition, accommodation with meals, and general, book and travel allowances.
  • Vacation work from second year and guaranteed employment.
  • Mentoring by a qualified actuary.

Old Mutual Actuarial Bursary eligibility requirements

  • South African citizen.
  • An A for Mathematics and at least a B for all other subjects.
  • Studying at NWU, UCT, Stellenbosch, UP, Wits, UFS, UJ or UKZN.

How to apply for the Old Mutual Actuarial Bursary

  1. Watch the actuarial bursary page on oldmutual.co.za for the next round.
  2. Prepare your ID, Grade 11 and Matric results, proof of acceptance, the motivation form and a CV.
  3. Apply online before the closing date.

Closing date

Mid-2026 for the 2027 round. The 2028 dates are not yet published.

Contact details

Actuarial students should also see the WeSolve4x actuarial bursary, the WIPHOLD bursary and the Old Mutual Imfundo Trust scholarship, open until 30 September 2026.

FAQs

1. Is the Old Mutual actuarial bursary still open for 2027? +
No. The 2027 round closed in mid-2026, with listings giving 30 May or 30 June 2026. Grade 11 learners should watch Old Mutual's actuarial bursary page from about April 2027.
2. What does it cover? +
Full tuition, accommodation with meals, general and book allowances, a travel allowance where needed, vacation work from second year and guaranteed employment.
3. What marks do I need? +
An A for Mathematics, not Mathematical Literacy, and at least a B for all other Matric subjects.
4. Which universities? +
NWU, UCT, Stellenbosch, UP, Wits, UFS, UJ and UKZN.
5. What support is included? +
Mentoring by a qualified actuary and an in-house rotation programme across Old Mutual.
6. Who can apply? +
South African citizens planning to study actuarial science at one of the listed universities.
Update note (checked September 2026): Old Mutual’s 2027 actuarial bursary round ran from April to 30 June 2026 and has closed. Grade 11 and 12 learners should watch the page from April 2027. Source: oldmutual.co.za.

This round is not open right now. Check the provider’s own site for the next round.

Visit the provider’s website

About Old Mutual

Private company (financial services)

Old Mutual started in Cape Town in 1845 as South Africa's first mutual life assurance society. Old Mutual now employs more than 27 000 people in 12 countries: eleven in Africa, from South Africa and Namibia to Kenya,…

Read the full Old Mutual profile →

Leave a Reply

Scroll to Top