Old Mutual Imfundo Trust Scholarship

The Imfundo Trust is an Old Mutual Investment Group scholarship initiative that aims to provide funding for students with a particular interest in the investments industry thereby supporting its transformation.

Imfundo means education in Nguni and true to its name, since its inception in 2011, the Trust assists black students, particularly women, to pursue their tertiary education at select South African universities.

What it covers

The Imfundo Trust Scholarships provide funding to study on a full-time basis for a first-time undergraduate at an accredited University in South Africa.

Selection Criteria

  • Only applications from South African citizens will be considered.
  • Applicants who will be in their first year next year must have achieved an average of at least 70% in the mid-year Grade 12 examinations and a minimum of 70% in Mathematics and 70% in English FAL or 60% in English HL.
  • Scholarship is only available to applicants who will be in their first or second year in 2022.
  • Applicants currently in their first year must have achieved an average of 65% and above in the latest examinations (mid-year / June).
  • Applicants from rural and township backgrounds will be given preference.

Selection

  • Interviews are conducted with applicants who meet the shortlisted requirements, and the Board of Trustees will consider any other relevant factors when making the final decision on granting the scholarships.
  • The Imfundo Trust reserves the right to adjust or withdraw any scholarship amount that may be awarded in terms of this application, should you be a beneficiary of other financial assistance (e.g. bursary, grants, loans, scholarships, awards, etc).

Courses Offered

  • Business, Commerce, Finance and Management Sciences / Studies
  • Computer Science and Data Processing.

As the investments business has expanded we are also accepting degrees of study in the fields of:

  • Engineering.

How to Apply

  • Applications must be completed on StudyTrust’s WhatsApp platform before 30 September to be considered for a bursary for next year.
  • Only applications from South African citizens will be considered.

Closing Date

  • Application Season: 01 April to 30 September.
  • Please carefully read the instructions on our Bursary Applications page before beginning your application.
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StudyTrust is an educational trust and public benefit organisation, that connects learners with potential to their study opportunities.

We administer bursaries and scholarships, provide mentoring and support to help tertiary students thrive academically and personally.

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