The Imfundo Trust Scholarship, an initiative by Old Mutual Investment Group, has been empowering South African students since 2011. This scholarship focuses on supporting black students, especially women, who are passionate about pursuing careers in the investments industry. By providing financial assistance for tertiary education, the Imfundo Trust aims to contribute to the transformation of South Africa’s investment sector while fostering future leaders.
What the Imfundo Trust Scholarship Covers
The Imfundo Trust Scholarship offers full-time funding for both undergraduate and selected postgraduate degree programs at designated South African universities. The scholarship covers tuition fees, allowing recipients to focus on their academic journey without worrying about financial barriers. This opportunity ensures that deserving students have access to the education they need to thrive in various industries, especially those critical to the country’s development.
Eligibility and Selection Criteria for Applicants
The selection process for the Imfundo Trust Scholarship is highly competitive, with a focus on academic excellence and the potential for future success. Below are the key eligibility requirements:
- South African Citizenship: Only South African citizens are eligible for this scholarship.
- Academic Performance:
- Applicants must achieve a minimum of 70% in the mid-year Grade 12 examinations, with at least 70% in Mathematics and either 70% in English FAL or 60% in English HL.
- Students currently in their first year of university must have an average of 65% or higher in their latest academic results (mid-year or June exams).
- Preference for Rural and Township Students: The scholarship aims to assist students from underprivileged backgrounds, so those from rural and township areas will be prioritized.
- Eligible Fields of Study: The scholarship is available to students pursuing degrees in specific fields such as Business, Commerce, Finance, Management Sciences, Engineering, Computer Science, Data Science, and Climate Studies.
Degrees Funded by the Imfundo Trust Scholarship
The Imfundo Trust Scholarship supports students pursuing studies in high-demand fields critical for South Africa’s future. The scholarship funds undergraduate and postgraduate degrees in the following areas:
- Business, Commerce, Finance, and Management Sciences/Studies: Available for first and second-year students in 2026.
- Computer Science and Related Qualifications (e.g., Computational Thinking): Available for first and second-year students in 2026.
- Data Science: Available for first and second-year students in 2026.
- Engineering: Available for first and second-year students in 2026.
- Climate Studies: Available for postgraduate students.
These fields align with South Africa’s transformation and growth strategy, focusing on the future workforce’s contribution to economic and technological advancements.
How to Apply for the Imfundo Trust Scholarship
Applying for the Imfundo Trust Scholarship is simple but requires attention to detail. The application process is entirely online, and interested students must apply through the StudyTrust online application platform before the deadline.
Application Steps
- Online Application: Visit the StudyTrust online platform and complete the required application form. Ensure all sections are filled accurately.
- Required Documents: Gather all necessary documents, including academic records, proof of South African citizenship, and any other supporting materials as specified on the application page.
- Interviews: Shortlisted candidates will be invited to attend an interview. This is an important step in the final selection process.
- Application Deadline: Ensure that your application is submitted before the 30th of September. Late applications will not be considered.
Important Notes
- Only South African citizens will be considered for the scholarship.
- If you are already receiving other forms of financial assistance, such as a bursary, grant, or loan, the Imfundo Trust reserves the right to adjust or withdraw the scholarship offer.
The Imfundo Trust Selection Process
The Imfundo Trust follows a rigorous selection process, which includes interviews for shortlisted candidates. The trustees consider various factors, including academic performance, potential for success, and the applicant’s commitment to contributing to the country’s economic transformation. Applicants who meet the required academic standards and demonstrate potential for excellence in their chosen field are most likely to be selected.
Check also: SARB Bursary Programme 2026
The Imfundo Trust Scholarship is an exceptional opportunity for South African students aiming to pursue a career in one of the country’s key industries. By providing financial assistance to study at top South African universities, the scholarship removes financial barriers and empowers students to focus on their education and career ambitions.
If you meet the eligibility criteria and have a strong desire to contribute to South Africa’s growth and development, applying for the Imfundo Trust Scholarship could be a pivotal step in your academic and professional journey. Don’t miss the chance to be part of this life-changing initiative!
