What is the Old Mutual Education Trust?The Old Mutual Education Trust provides educational benefits when studying full-time, part-time or through distance-learning. This applies to a first-time undergraduate Degree/BTech/Diploma, at an accredited Higher Education Institution in South Africa to Members, Employees and their Dependants.
If you experience any problems with the online application; please contact OMET at OMETApplications@oldmutual.com or call Zintle on 0659784139.
The amount of the OMET scholarship is determined annually by the Board of Trustees (the current amount is R65 000). The award amount covers the following:
- Prescribed books
- Approved study materials
- Meals, accommodation and transport allowance
**Please note: the extent to which the above is covered is dependent on costs for the academic year at each institution and will not exceed the maximum award amount. **
The selection of students is based on their academic ability and financial needs. The Board of Trustees will consider any other relevant factors when making the final decision. OMET has a selection committee comprised of 4 senior people within the higher education sector - this committee audits and verifies the process. Final approval for the scholarships is granted by the OMET board at an official board meeting.
The following persons may apply for the OMET scholarship
- A child of a Member or Employee (inclusive of an adopted child or a stepchild)
- A grandchild or other child blood relation of a Member or Employee which is financially supported solely by the Member or Employee and is not older than 25 (twenty-five) years
- A spouse of a Member of the union or Employee or
- If you are living together with the Member of the union or Employee in a relationship akin to a marriage.
OMET’s objective is to ensure the academic success and personal development of its scholarship holders. To this end a comprehensive student support programme is delivered to all student. We offer:
- Direct psychological support
- Quality contact sessions
- Access to helpful resources
- Linkages to existing supporting structures
- Final year students get some work exposure