Qualifying for a bursary can vary depending on the specific bursary program and its criteria. However, there are common factors that often play a role in determining eligibility. Here are some typical qualifications that may be considered for a bursary:
- Academic Merit
- Financial Need
- Field of Study
- South African Citizenship
- Age and Education Level
- Community Involvement and Leadership
- Motivation and Personal Statement
- References and Recommendation
- Specific Criteria
In the case of the Old Mutual bursary, applicants must satistiy the following requirements to qualify for funding.
General Requirements:
- You must be a South African citizen
- You must have completed Matric or currently be in Matric
- You must not have a post-Matric qualification
- You must be under the age of 21
Required Skills
- Strong Mathematical skills
- Initiative
- Result and Goal Orientation
- Readiness to Learn
- Strong analytical and problem-solving skills
- Business interest and awareness
- Self-motivation and commitment
- Good communication skills (both written and spoken)
- Organisational and time-management skills
- Leadership qualities
- Integrity and trustworthiness
- Good interpersonal skills and a logical, creative mind
- Good judgement and decision-making skills
Required Courses of Study and Academic Performance
Chartered Accounting:
- At least 70% in Mathematics (not Maths Literacy)
- At least 60% for English HL or 70% for English FAL
- At least 70% for all your other subjects AND
Must be studying/have applied at any of the following Universities:
- Nelson Mandela University
- North-West University
- Rhodes University
- Stellenbosch University
- University of Cape Town
- University of Fort Hare
- University of Johannesburg
- University of Kwa-Zulu Natal
- University of Pretoria
- University of South Africa
- University of the Free State
- University of the Western Cape
- University of the Witwatersrand
You must be committed to enter the Old Mutual CA Training Programme and work for the company after graduation.
Actuarial Science:
- At least 80% in Mathematics (not Maths Literacy)
- At least 60% for English HL or 70% for English FAL
- At least 70% for all your other subjects AND
Must be studying/have applied at any of the following Universities:
- North-West University
- Stellenbosch University
- University of Cape Town
- University of Pretoria
- University of the Free-State
- University of the Witwatersrand
You must be committed to qualifying as an actuary and work for the company after graduation.
It’s essential to carefully review the eligibility criteria for each bursary you are interested in and ensure that you meet the requirements before applying. Bursaries can have specific deadlines and application procedures, so be sure to adhere to those guidelines to maximize your chances of qualifying for the support.