StudyTrust Old Mutual Investment Group Imfundo Trust Scholarship
The Imfundo Trust Scholarship 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.
StudyTrust is an educational public benefit organization that connects learners with potential and determination to study opportunities. They administer bursaries and scholarships and provide mentoring and support to help tertiary students thrive academically and personally.
Their programs complement students’ technical and academic skills, preparing them for meaningful employment and to become active contributors to the economy.
Selection Criteria for the Imfundo Trust Scholarship
- 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.
- Scholarships are only available to applicants who will be in their first or second year in 2024, with the exception of Climate Studies.
- 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.
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.
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Selection Process
- 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).
Closing Date
- Application Season: 01 May to 30 September.
- Please carefully read the instructions on their Bursary Applications page before beginning your application.
