EducationA truly mutual path to sustainable communities.
The Old Mutual Trust - a critical pillar of Old Mutual's Public Affairs & Sustainability Framework

Old Mutual is dedicated to empowering people and communities through enabling access to, and the successful completion of tertiary education. Our Sustainability Framework highlights education outcomes, from early childhood development to higher education, as a vital enabler in building a thriving society. There is a firm commitment to employ the Truly Mutual education strategy to empower Old Mutual communities as social stakeholders.

The Old Mutual Education Trust (OMET) is a core part of this strategy as a provider of financial and holistic student support interventions in the higher education space. Since 2005 OMET has invested R173 million in more than 400 graduates affiliated to union partner organisations.

A student enrolled in agricultural studies records field data on a tablet.
What is the Old Mutual Education Trust?

The Old Mutual Education Trust (OMET) was founded in April 2005 by Old Mutual as part of a BBBEE transaction with 10 unions with whom Old Mutual has a business relationship. The scholarship is open to all participating union members and their dependents. This allows for the pursuit of any tertiary qualification at one of South Africa’s public higher education institutions. OMET also supports the personal, academic and professional success of their students by providing: computers, tutoring, access to counselling services and preparation for the world of work.

Old Mutual Education Trust and 10 South African unions’ logos.
What does the scholarship entail?
  • An annual partial financial scholarship to the value of R65 000 to cover the critical costs of tertiary studies
  • Access to a suite of bespoke student support interventions to enable academic, psycho-social and leadership growth and success
  • A Peer Buddy mentorship programme to support final year students develop a postgraduate plan
  • Access to computers (for new scholarship holders)
A representative from the Old Mutual Education Trust explains what the scholarship entails.

Who may apply for the Old Mutual Education Trust Scholarship?

The Old Mutual Education Trust makes maximum of 60 scholarships available each year and the final selection process is based on academic scores.

You are eligible for this scholarship if:

  • You are a paid up member of one of the above listed trade unions
  • You are the spouse (as legally defined) of a paid up member of one of the above listed trade unions
  • You are a child dependant, younger than 25 years of age, of a paid up member of one of the above listed trade unions (includes adopted child, stepchild, grandchild or child of blood relation for which the union member is solely financially responsible)*
  • You are a fulltime and permanent employee of one of the above listed trade unions
  • You are the spouse (as legally defined) of a fulltime and permanent employee of one of the above listed trade unions
  • You are a child dependant, younger than 25 years of age, of a permanent and fulltime employee of one of the above listed trade unions (includes adopted child, stepchild, grandchild or child of blood relation for which the union member is solely financially responsible)
  • You are a South African citizen
  • You intend to pursue your studies at an official public university in South Africa
  • You are studying towards your first undergraduate degree (i.e. you may apply for a certificate level, diploma level and first degree level qualification. We do not fund second or postgraduate degrees).

Guidelines for completing the application form:

Here are some tips for completing the form. Please have the following documents ready to complete the application:

  • South African ID of the main union member/union employee
  • South African ID of the dependant (if applicable)
  • Please note that the South African ID is the only acceptable form of identification in this application.
  • Union membership number or Union employee number (for main member or employee)
  • If you are currently in Grade 12, your final results for Grade 11 and your mid-year Grade 12 results
  • If you are studying at post matric level, your official matric certificate
  • If you are a current university student, your latest year-end academic results and your most recent mid-year results ready (previous academic year)

Please note:

  • All South African ID copies must have been certified in the last 6 months
  • Your South African ID number will NOT be accepted as a union membership or union employee number. See eligibility criteria above.
  • You must use the first name(s) and surname(s) that are listed on the South African Identity Documents submitted with the form
  • You must ensure that you submit the correct South African ID number for the main union member, union employee, and dependant (if applicable)
  • You must ensure that you double check the accuracy of results entered
  • You must EXCLUDE the Life Orientation mark from the aggregate score
  • You must enter the correct email and contact numbers for all parties and ensure that you remain contactable via this information throughout the selection and verification process
APPLY NOW!If you meet the eligibility criteria above, submit your application form by selecting the APPLY NOW button