The Old Mutual Imfundo Trust Scholarship is a distinguished educational support program provided by Old Mutual, a leading financial services group in Africa. The scholarship aims to empower talented students from underprivileged backgrounds by offering financial assistance for their higher education. The program reflects Old Mutual’s commitment to social responsibility and its dedication to fostering educational opportunities and long-term success for deserving individuals.
The Imfundo Trust Scholarship targets students pursuing undergraduate studies at accredited institutions, primarily in fields related to business, finance, and the sciences. The scholarship covers various aspects of the educational experience, including tuition fees, books, and other academic expenses. By alleviating financial pressures, the scholarship enables recipients to focus on their studies and fully engage in their academic and extracurricular pursuits.
One of the key goals of the Imfundo Trust Scholarship is to provide support to students who demonstrate both academic excellence and leadership potential. The selection process is rigorous, with candidates evaluated based on their academic performance, extracurricular involvement, and personal achievements. The scholarship not only rewards academic excellence but also recognizes students who show a commitment to community service and personal development.
In addition to financial support, the Imfundo Trust Scholarship offers a range of enrichment opportunities to enhance the overall educational experience of its recipients. Scholars often benefit from mentorship programs, networking opportunities, and career development workshops. These activities are designed to help scholars build valuable skills, gain practical experience, and connect with professionals in their fields of interest.
The Imfundo Trust Scholarship also emphasizes the importance of giving back to the community. Recipients are encouraged to engage in community service and contribute to initiatives that benefit others. This focus on social responsibility aligns with Old Mutual’s broader mission to make a positive impact on society and support the development of future leaders who are committed to making a difference.
The Old Mutual Imfundo Trust Scholarship is a significant initiative that provides essential support to talented students from disadvantaged backgrounds. By covering educational costs and offering additional enrichment opportunities, the scholarship plays a crucial role in helping students achieve their academic and career goals. The program not only benefits the individual recipients but also contributes to the broader goal of educational equity and community development, reflecting Old Mutual’s commitment to creating a positive and lasting impact on society.
This scholarship programme finances deserving black students’ tertiary education. It aims to develop black investment professionals, with a bias towards black women. This full scholarship covers tuition, books, accommodation and meals, as well as providing spending money.
Requirements For The Old Mutual Imfundo Trust Scholarship
To be considered for a scholarship, you must be:
- A South African citizen
- Currently in grade 12 or in your first year at university (with the exception of postgraduate Climate Studies)
- Grade 12 applicants must have achieved an average of at least 70% in their mid-year examinations, with a minimum of 70% in Mathematics and 70% in English FAL or 60% in English HL
- First year university applicants must have achieved an average of at least 65% in their mid-year examinations
- Applicants from rural and township backgrounds will be given preference.
Benefits
- Tuition and accommodation costs are covered in full
- You receive a book and spending allowance
- You have access to ICAS for psychosocial support
- You will be under a mentorship programme from 3rd year onwards.
Degrees funded
- Business, Commerce, Finance and Management Sciences/Studies
- Computer Science and related qualifications (e. g. Computational Thinking)
- Data Science
- Climate Studies (postgraduate)
- Engineering
Our Partner Universities:
- Stellenbosch University
- University of Cape Town
- University of the Witwatersrand
- University of Johannesburg
- University of KwaZulu-Natal
- University of Pretoria
Method of Application
- 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.
Application Deadline: 30 September, 2024.
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