Apply Old Mutual Accounting Bursary 2023 | How to apply to the Old Mutual Accounting Bursary, Application Process, requirements, and Deadline.
Are you pursuing a career in accounting but struggling to fund your studies? Look no further than the Old Mutual Accounting Bursary! With its mission to empower individuals through education, Old Mutual is offering financial support for aspiring accountants. Whether you’re already studying or planning to enroll soon, read on to find out how this bursary can help you achieve your dreams. Don’t miss out on this opportunity – applications close on 31 July 2023!
What is the Old Mutual Accounting Bursary?
The Old Mutual Accounting Bursary is a financial aid program that provides assistance to students pursuing an accounting degree or qualification. It is offered by Old Mutual, a leading financial services provider in South Africa. This bursary aims to help deserving students overcome the financial burden of tuition fees, textbooks, and other related expenses.
To be eligible for this bursary, applicants must be South African citizens or permanent residents who are studying towards an undergraduate or postgraduate degree in accounting. They should also maintain good academic standing with their institution and demonstrate leadership qualities and community involvement.
Applying for the Old Mutual Accounting Bursary requires completing an online application form through the company’s official website. Applicants should also submit relevant documents like ID copies, certified academic transcripts, and proof of income.
Recipients of this bursary receive full coverage of their tuition fees as well as allowances for accommodation, meals, books, and other study-related costs. They will also have access to mentorship programs and networking opportunities within Old Mutual.
The Old Mutual Accounting Bursary serves as a great opportunity for aspiring accountants who need support in achieving their academic goals without worrying about the cost implications involved.
Who is eligible for the bursary?
The Old Mutual Accounting Bursary is designed to support aspiring Chartered Accountants in South Africa. To be eligible for the bursary, applicants must meet certain criteria.
First and foremost, applicants must be South African citizens with a valid ID document. They should also have completed their Grade 12 or equivalent qualification with an average of at least 65% in Mathematics and English.
In addition, applicants should have been accepted or currently enrolled as full-time students for a Bachelor of Commerce (Accounting) degree at a recognized university in South Africa. The ideal candidates will demonstrate financial need and academic potential to succeed.
Old Mutual requires that successful candidates maintain their academic performance throughout their studies so that they can continue receiving funding from the bursary program. This means maintaining a minimum average grade of 65% throughout their undergraduate degree until completion.
The Old Mutual Accounting Bursary is aimed at empowering young individuals who are passionate about pursuing accounting as a career but may not have access to adequate financial resources to do so on their own.
What are the benefits of the bursary?
The Old Mutual Accounting Bursary is an incredible opportunity for aspiring accountants. Aside from the financial assistance it provides, there are several other benefits that come with being a recipient of this bursary.
Firstly, as a bursary holder, you will gain access to mentorship and guidance from experienced professionals within the accounting industry. This support can be invaluable in helping you navigate your studies and career path.
Additionally, being part of the Old Mutual family means that you will have access to networking opportunities with other past and current recipients of the bursary program. This network could prove incredibly useful later on in your career when seeking job opportunities or looking for industry insights.
Another benefit of this bursary is that it offers exposure to real-life work experiences through vacation work offered by Old Mutual’s finance department. These internships allow students to apply their theoretical knowledge into practice while gaining valuable experience in a professional environment.
Receiving the Old Mutual Accounting Bursary can provide not only financial assistance but also mentorship, networking opportunities and practical experience which could prove beneficial throughout one’s entire accounting career.
How to apply for the bursary
Applying for the Old Mutual Accounting Bursary is a simple and straightforward process. Here’s how you can do it:
1. Check if you are eligible: Before applying, make sure that you meet all the eligibility criteria set by Old Mutual. This includes being a South African citizen or permanent resident, studying towards an accounting degree at a recognized institution, and having good academic performance.
2. Gather your documents: You will need to submit various documents along with your application form, including your ID document, proof of registration at an institution of higher learning, certified copies of academic transcripts and certificates.
3. Complete the application form online: The application form can be found on the Old Mutual website under their bursaries section or follow this link (insert hyperlink). Make sure to fill in all relevant fields accurately and attach all requested supporting documentation before submitting it online.
4. Wait for feedback: After submitting your application form online along with required supporting documents via email to bursaryapplications@oldmutual.com; wait patiently for feedback from Old Mutual regarding whether or not they have accepted your submission for consideration.
In summary, ensure that you’re eligible before applying; gather required documentation such as identity document because proofs will be needed during filing out applications forms electronically which could take up to 15 minutes maximum; complete the necessary fields on the online platform provided noting accuracy in every field filled out correctly then wait expectantly until feedback from old mutual arrives in relation to acceptance/rejection of submitted bursary application request
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Frequently Asked Questions
Q: When is the deadline for applying to the Old Mutual Accounting Bursary?
A: The deadline for applications is 31 July 2023.
Q: What are the requirements for applying?
A: Applicants must be South African citizens, studying towards an accounting degree or diploma at a recognized institution and have a minimum average of 60% in their academic record.
Q: How many bursaries are available?
A: There are limited bursaries available each year. The number may vary depending on the needs of Old Mutual’s business.
Q: Can I apply if I am already receiving funding from another source?
A: Yes, you can still apply as long as you meet all other eligibility criteria.
Q: How will I know if my application was successful?
A: Successful applicants will receive communication from Old Mutual within two months after the closing date.
The Old Mutual Accounting Bursary provides an excellent opportunity for aspiring accountants to fulfill their potential by obtaining financial support from one of South Africa’s leading financial services providers. By providing recipients with access to tuition fees, textbooks, and other study-related expenses, it removes some of the financial barriers that often discourage people from pursuing higher education. If you believe you meet all eligibility criteria outlined above, we encourage you to apply before submissions close on 31 July 2023!