StudyTrust Old Mutual Imfundo Trust Scholarship for Undergraduate South African Students 2022

The Imfundo Trust, is an Old Mutual Investment Group scholarship initiative that aims to upskill black investment professionals and grow the pool of suitably qualified individuals in the asset management industry. Imfundo means education in Zulu. 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.

About StudyTrust

StudyTrust is an educational public benefit organisation that connects learners with potential and determination to study opportunities. We administer bursaries and scholarships and provide mentoring and support to help tertiary students thrive academically and personally. Our programmes complement students’ technical and academic skills, preparing them for meaningful employment and to become active contributors to the economy.... read more

Old Mutual Imfundo Trust Scholarship

Aim and Benefits of Old Mutual Imfundo Trust Scholarship

The Imfundo Trust Scholarships provide funding to study on a full-time basis for a first-time undergraduate degree/diploma (including a BTech) at an accredited University in South Africa.

The scholarship covers:

• Registration and tuition fees, for students studying on a full time basis
• Prescribed books and other approved study materials.
• Approved accommodation
• Meals and a small stipend

Requirements for Old Mutual Imfundo Trust Scholarship Qualification

• 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 only available to applicants who will be in their first or second year in 2021.
• 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.

Interview date, Process and Venue for Old Mutual Imfundo Trust Scholarship

• 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).

Application Deadline

How to Apply

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

For more details, visit StudyTrust website.